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Business - Economy
1/7/2024 7:37:30 PM
Egypt’s non-oil trade deficit dropped 26.29 percent year-on-year (YoY) to $6.63 billion in the third quarter of 2023 from $8.99 billion in the same quarter a year earlier, according to data released by the Central Bank of Egypt (CBE).

Business - Economy
1/7/2024 6:52:01 PM
Egypt’s Suez Canal revenues jumped by around 19.4 percent to $2.4 billion in the third quarter of 2023 (July-September) compared to $2 billion in the corresponding quarter in 2022, according to data released by the Central Bank of Egypt (CBE).

Business - Economy
12/23/2023 6:43:27 PM
Global central banks’ reserves of US dollars declined to 59.2 percent during the third quarter of 2023 from 59.4 percent the previous quarter, the lowest figure since Q4 of 2022, according to the latest data released by the International Monetary Fund (IMF).

Business - Economy
12/18/2023 1:17:07 PM
Egypt’s non-oil trade deficit shrank by 15 percent to record $9.1 billion during the third quarter of 2023, compared to $10.7 billion in the corresponding quarter of 2022, according to data released by the cabinet’s Information and Decision Support Centre (IDSC) on Monday.

Business - Economy
11/15/2023 9:46:14 PM
Egypt reported 2.263 million unemployed individuals in the third quarter (Q3) of 2023, accounting for 7.1 percent of the total workforce, according to a statement released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on Wednesday.

Business - Economy
10/31/2023 3:14:57 PM
Egyptians' demand for gold bars and coins declined by 4 percent on annual basis to 6 tons in the third quarter of 2023, according to the World Gold Council’s (WGC) Gold Demand Trends report published on Tuesday.

Business - Economy
7/27/2023 3:19:17 PM
Egypt’s external debt rose by 4.8 percent to $165.3 billion in the third quarter (Q3) of the fiscal year 2022/2023, compared to $157.8 billion in the same quarter the previous year, according to data released by the Central Bank of Egypt (CBE).

Egypt - Society
11/16/2022 3:34:07 PM
Egypt's unemployment rate rose to 7.4 percent in the third quarter (Q3) of 2022, up by 0.2 percent in the previous quarter, the Central Agency for Public Mobilisation and Statistics (CAMPAS) reported on Tuesday.

Business - Economy
7/11/2021 4:00:19 PM
The data showed that Egypt’s total long-term debt edged up to $121.5 billion in Q3 of FY2020/21, up from $117.2 billion in the previous quarter and about $1 billion in the same quarter of FY2019/20

Egypt - Politics
4/11/2021 4:24:20 PM
An overhaul agreement on the iconic building is expected to be reached with investors by Q3 of 2021

Business - Economy
12/16/2020 1:14:54 PM
Fitch Ratings said that country’s FC liquidity was boosted in Q3 2020 driven by the raising of a $2 bln one-year loan from regional and international banks and the issuing of $750 million green bonds in September

Egypt - Politics
12/15/2020 4:12:00 PM
The unemployment rate was 9.6% in the second quarter of the year

Business - Markets & Companies
11/16/2020 1:25:38 PM
The company’s financial results for the third quarter of 2020 showed that its net sales revenues decreased to EGP 826 million, down from EGP 979 million in the previous year

Business - Economy
7/6/2020 6:32:03 PM

Business - Economy
11/14/2019 3:30:47 PM
The unemployment rate dropped to 2.2 percent in Q3 of 2019, compared to the same period of the previous year 2018, the CAPMAS said.

Business - Economy
11/5/2019 6:09:59 PM
In parallel, the tourism sector continues to perform well with new infrastructure, improved security and major attractions such as the Grand Egyptian Museum set to open next year

Business - Economy
9/2/2019 5:40:20 PM

Business - Economy
7/3/2019 9:50:00 AM

Business - Economy
5/17/2018 1:39:45 PM

Business - Economy
3/19/2018 5:49:59 PM

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