The Monetary Policy Committee of the Central Bank of Egypt (CBE) cut the overnight deposit rate, the overnight lending rate, and the rate of the main operation 1 percent or 100 basis points during Thursday’s meeting, Sep. 26, matching experts’...اقرأ المزيد
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced Monday that Egyptian cotton exports in the period between March and May 2019 reached 510,200 metric quintals compared with 160,100 metric quintals during the same period last...اقرأ المزيد
The annual statistical bulletin issued by the Central Agency for Public Mobilization and Statistics (CAPMAS) included a number of significant figures, including statistics about waste recycling throughout 2017. The bulletin has ordered Egyptian governorates...اقرأ المزيد
Egypt’s exports to the G7 countries increased 8.8 percent year-on-year in the first half of 2019 to $3.8 billion, compared to $3.5 billion in the same period a year earlier, the Central Agency for Public Mobilization and Statistics (CAPMAS) said in...اقرأ المزيد
Over the past eight years, Egypt has lost 8,014 feddans of arable lands due to 1.9 million cases of encroachment and violations, said the Central Department for Land Protection at the Ministry of Agriculture in a report issued on Saturday. The encroachments...اقرأ المزيد
The Monetary Policy Committee of the Central Bank of Egypt (CBE) cut the overnight deposit rate, the overnight lending rate, and the rate of the main operation by 150 basis points on Thursday, August 22. The overnight deposit rate, the overnight lending...اقرأ المزيد
Egypt’s industrial production index for transformative and extractive industries, excluding crude oil and petroleum products, increased 4.7 percent, recording LE 138.6 (primary) during May 2019, compared to LE 132.43 (final) during April 2019, the state’s...اقرأ المزيد
Egypt’s trade deficit increased 6.8 percent during April 2019, recording $3.87 billion, compared to $3.63 billion in the same month of 2018, according to the state’s statistics agency CAPMAS. In its monthly bulletin on foreign trade data, CAPMAS...اقرأ المزيد
“More than half a million citizens have so far benefited from slum development,”executive director of the Development Fund for Slums Khaled Siddiq said on Sunday. He added that slums development will cost about LE30 billion, adding that the...اقرأ المزيد
The Central Bank of Egypt (CBE) said that Egypt’s annual core inflation rate declined to 7.8 percent in May 2019, from 8.1 percent in April 2019, according to a report. Core inflation discounts or strips out certain categories that are considered more...اقرأ المزيد