CBE stabilises US dollar exchange rate causing confusion in market
The higher inflation rate caused the CBE to postpone another devaluation of…
Brexit strains London’s ‘golden’ ties with Beijing
The UK has tried hard to strengthen its already robust economic relationship…
Al-Sisi, Electricity Ministry to finalise contract with Shanghai Electric for coal-fired power plant in September
Three Chinese banks will finance the project, says Shanghai Electric Egypt director
Egypt, China sign agreement to research and execute 18 projects
Egyptian and Chinese ministers approved the top priority projects list that was…
51.7% fewer tourists in May: CAPMAS
61.3% decline in Russian tourists; Saudis account for 31.2% of total tourists…
IMF urges Italy to tackle slow growth and bank crisis
The International Monetary Fund (IMF) has called on Italy to launch urgently…
Serious concerns dominate Egyptian automotive market following Brexit
The agreement between Egypt and the EU triggered a gradual customs reduction…
Tesla claims ignorance of SEC probe after fatal accident
The electric carmaker says it has not been informed of an investigation…
Automotive industry enhancement draft law to be presented to cabinet Wednesday
The strategy aims to enhance the local automotive industry through a specific…
KIA unveils newly designed Cerato
Egyptian International Trading and Agencies (EIT) recently revealed the newly designed 2017…