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Imports from 14 countries decreased by 21.4 percent in January and February compared to the same months last year to become $3.3 billion instead of $4.2 billion with a decline worth $907 million. The Central Agency for Public Mobilization and Statistics...اقرأ المزيد
Egyptian exports skyrocketed to hit $14.3 billion within the last six months of the current fiscal year 2018/2019 compared to $12.2 billion in the last fiscal year, according to the Central Bank of Egypt. Suez Canal’s passage fees, which an average...اقرأ المزيد
Hurghada came second on the list of the top five romantic destinations for this summer published by the Sun on Tuesday. “Scuba dive together to see the world-renowned coral reef, relax on white-sand beaches or explore the vibrant town,” were the...اقرأ المزيد
Cairo International Airport authorities deported 19 illegal African immigrants for violating conditions of residence and work; some of them attempted to infiltrate into neighboring countries, according to a source at Cairo airport on Monday, Feb.18. According...اقرأ المزيد
Marriage and other long-term relationships tend to be the stem from which social contracts develop. In Egypt, there are just under one million marriages a year, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). At the same...اقرأ المزيد
The Monetary Policy Committee of the Central Bank of Egypt (CBE) cut the overnight deposit rate and the overnight lending rate at 15.75 percent and 16.75 percent, respectively, during 2019’s first meeting. Egypt which targets to hit average interest...اقرأ المزيد
The banks’ total financial position hiked 49.7 percent during fiscal year 2016/2017, reaching LE 4261.3 billion, with an increase of LE1415.2 billion, compared to fiscal year 2015/2016, according to the Central Agency for Public Mobilization and...اقرأ المزيد
Egypt’s annual consumer price inflation slipped to 15.6 percent in November 2018, compared to 26.7 percent in the same month of 2017 that rose due to the flotation of the Egyptian currency, state-statistics body said Wednesday, Oct. 10. In October,...اقرأ المزيد
A number of parliamentarians called on fixing dilapidated streets throughout Cairo to protect citizens from recurring road accidents. For his part, the head of the proposals and complaints committee in the House of Representatives, Hamam al-Adly told...اقرأ المزيد
The Monetary Policy Committee of the Central Bank of Egypt (CBE) is expected to keep interest levels at its levels during November’s meeting. This comes amid high rise of inflation rates during October, the continuity of events in emerging markets,...اقرأ المزيد
