The term of Egypt’s Central Bank Governor Tarek Amer has been renewed.According to CBE law, the term of CBE governor can be renewed once to extend for additional 4 years. The new term will end in 2023. Previously, Capital Economics praised the success...اقرأ المزيد
Local Development Minister Mahmoud Shaarawy stressed on Monday the project of the Holy Family Path will be finished before June 2020. Shaarawy praised the cooperation that took place during the past period between the ministries, governorates and parties...اقرأ المزيد
A total of 2,500 workers at the Egyptian National Railways Authority were suspended after they tested positive for drug use. Some of the suspended employees worked at crossings and transfers, while others worked as train drivers and assistants. They...اقرأ المزيد
The Arab League stated that the US unilateral decision on legalizing the Israeli settlements in Palestine’s occupied West Bank is null and void, warning of the US decisions concerning the Palestinian-Israeli conflict. “The approach taken by the US...اقرأ المزيد
Egyptian Foreign Minister Sameh Shoukry on Monday hailed the Palestinian people for their historical resistance and struggle to achieve comprehensive and just peace. This comes days after US Secretary of State Mike Pompeo said that his country would no...اقرأ المزيد
The volume of trade exchange between Egypt and the Nile Basin countries reached dlrs 1.872 bn in 2018, compared to dlrs 1.493 bn in 2017, with an increase of 25.4%, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). This...اقرأ المزيد
The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, is set to issue LE 18.5 billion in treasury bills on Sunday, Nov. 24. The T-bills will be offered in two installments; the first installment is valued at LE 9 billion with a 91-day...اقرأ المزيد
The Ministry of Environment will convene on Monday a conference on the occasion of the end of air pollution waves for 2019 or the so-called “black clouds”. Minister of Environment Yassmin Fouad, Minister of Agriculture Ezz Eldin Abu Steit,...اقرأ المزيد
Egypt’s exports to Peru rose 18 percent year-on-year in 2018 with the most important Egyptian exports to Peru being fertilizers, plastic products and carpets, according to Minister of Trade and Industry Amr Nassar. This came during a meeting held...اقرأ المزيد
In a report entitled “Embracing the Madness in the City of Beautiful Chaos” in the British Express, Joe Miller highlighted the bustling and pleasant atmosphere of Cairo. Miller’s report described Cairo as a city full of colors and beautiful smells,...اقرأ المزيد
