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Egypt Ministry of International Cooperation licenses single-shareholder companies

The Minister of Investment and International Cooperation Sahar Nasr signed the regulatory framework for licensing single-shareholder companies, according to a ministry statement on Wednesday. Nasr stated that the sole proprietorship.

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Egypt’s central bank expected to hold rates as it eyes inflation

  Egypt’s central bank is expected to keep interest rates unchanged at its next policy meeting and hold back on more rate cuts this year until inflation steadies, a Reuters.

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Tunisia, Egypt to promote mutual trade relations

Egypt and Tunisia have agreed to promote joint trade relations and remove all of the challenges facing the flow of trade exchange and joint investments between the two sides. Both.

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Egypt to reduce public debt to 92% of GDP in FY 2018-19

Egyptian Finance Minister Mohamed Ma’it said the country will reduce its public debt to 92 percent of the GDP in the budget of the current fiscal year 2018-2019, state-run Ahram.

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Consumer durable goods imports to Egypt increase 57% in 5 months

Egyptian imports of consumer durable goods increased by 57 percent in January-May 2018 to record $ 2.122 billion compared to 1.35 in 2017. According to state’s foreign trade statistics, imports.

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Egypt in process to launch extra units in new capital

Egypt’s Ministry of Housing will roll out a number of additional units at the Capital Residents District in the country’s new administrative capital, said Prime Minister Moustafa Madbouly on Thursday..

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Trump tells Sisi U.S., Egypt will fight Islamist militants together

    By Steve Holland   U.S. President Donald Trump moved to reset U.S. relations with Egyptian President Abdel Fattah al-Sisi on Monday after the prior Obama administration’s strained ties,.

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Egypt’s Feb Annual Urban Consumer Price Inflation Hits 30-Yr High

      Egypt’s annual urban consumer price inflation soared to its highest level in more than three decades, hitting 30.2 percent in February, statistics agency CAPMAS said on Thursday..

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EU Pushes Migration Talks with Tunisia, Egypt

The European Union is offering simplified visa procedures and increased economic aid to Tunisia and Egypt in exchange for smoother deportations of unwanted African migrants, two senior officials in Brussels.

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Egypt Making Good Progress in IMF Programme, Lagarde Says

Egypt is making good progress in its $12 billion loan programme with the International Monetary Fund and its currency may be stabilising after plunging to record lows, IMF Managing Director.

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