Business
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Economy
12/6/2023 1:13:03 PM
Egypt’s trade deficit increased by 10.3 percent to reach $3.24 billion in September compared to $2.84 billion in the same month last year, according to the data released by the Central Agency for Public Mobilization and Statistics (CAMPAS) on Wednesday.
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Business
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Economy
11/30/2023 7:30:56 PM
The USD declined slightly against the Egyptian pound in the parallel market, hovering around EGP 49.5, as the Central Bank of Egypt (CBE) injected $2 billion to regulate the market, a source from the import sector who preferred not to be named told Ahram Online on Thursday.
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Business
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Economy
11/27/2023 6:39:26 PM
Egypt doesn’t collect the value-added tax (VAT) in foreign currency on imports but on goods and services that are typically paid for in foreign currency, said Minister of Finance Mohamed Maait on Monday, according to a Cabinet statement.
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Business
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Economy
11/26/2023 6:30:29 PM
Egypt has released imported goods valued at $63 billion from its ports since the beginning of 2023, while a remaining backlog of goods worth $5 billion is still awaiting clearance, El-Shahat Ghatouri, the head of the Egyptian Customs Authority (ETA), said on Sunday.
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Opinion
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11/25/2023 7:40:41 PM
In light of the countless violations of international law currently taking place in Gaza and the West Bank, it is important to consider one question: how can the United States and the West continue to fervently support Israel?
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Egypt
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Foreign Affairs
11/22/2023 6:09:32 PM
Egypt’s President Abdel-Fattah El-Sisi and Jordan’s King Abdullah II reaffirmed the importance of continuing efforts to achieve a permanent ceasefire in Gaza, according to a statement by Egyptian Presidential Spokesman Ahmed Fahmy on Wednesday.
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Sports
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National Teams
11/16/2023 9:15:44 PM
Egyptian forward Mohamed Salah expressed his delight at scoring four goals in Egypt's 6-0 victory over Djibouti, but he emphasized that the result was more significant to him than personal achievements.
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Business
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Economy
11/16/2023 1:21:57 PM
The US dollar rate hit new records in the currency parallel market, as it reached EGP 50/1 USD for small amounts ($1000-$1500) and around EGP 55/1 USD for greater amounts, the number of importers operating in the local market told Ahram Online.
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Al-Ahram Weekly
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World
11/14/2023 9:22:03 PM
While Israeli military plans in the Gaza Strip are becoming clear, for the Palestinian factions the urban combat environment is their most important asset.
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Business
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Economy
11/14/2023 3:45:26 PM
The African Export-Import Bank (Afreximbank) signed $3 billion financial agreements with Egyptian companies on the sidelines of the African Intra-Trade Exhibition (IATF 2023), according to Ayman El-Zoghby, director of trade and corporate finance at Afreximbank.
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Egypt
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Foreign Affairs
11/13/2023 4:40:26 PM
Egyptian President Abdel-Fattah El-Sisi stressed the importance of African coordination at the inauguration of the African Intra-Trade Exhibition (IATF 2023) held in Cairo on Monday.
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Egypt
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Foreign Affairs
11/13/2023 12:35:00 AM
Egypt’s President Abdel-Fattah El-Sisi spoke with Norway’s Prime Minister Jonas Gahr Støre on Sunday, with both sides agreeing on the importance of pressing for an immediate ceasefire in Gaza to protect civilians, the Egyptian presidency said.
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Sports
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World
11/12/2023 10:43:27 AM
Erik ten Hag can breathe a sigh of relief after Manchester United ended another difficult week on a winning note.
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Business
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Economy
11/8/2023 8:38:59 PM
The Egyptian Cabinet approved on a Wednesday meeting extending the zero-custom initiative for gold imports by Egyptians abroad for six months ending on 10 May, according to a statement.
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Al-Ahram Weekly
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Economy
11/7/2023 9:35:40 PM
Important new developments are taking place every day on the economic scene in Egypt, writes Sherine Abdel-Razek
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Business
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Economy
11/7/2023 4:44:02 PM
Egypt's Minister of Finance Mohamed Maait announced that around 100,000 citizens residing abroad have registered online for the zero-customs car import initiative since it was relaunched last week.
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Egypt
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Foreign Affairs
11/7/2023 3:05:08 PM
Egypt’s Minister of Foreign Affairs Sameh Shoukry stressed that the human rights of Palestinians are no less important than those of individuals in other countries, in a meeting with the UN High Commissioner for Human Rights Volker Türk in Cairo.
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Advertising
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Sponsored
11/2/2023 2:32:02 PM
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Business
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Economy
11/2/2023 11:13:02 AM
Egypt's trade balance deficit shrank by 22.3 percent in August to reach $3.88 billion, down from $4.99 billion in August 2022, according to the data released by the Central Agency for Public Mobilization and Statistics (CAMPAS) on Wednesday.
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Business
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Economy
10/31/2023 2:31:12 PM
Egypt’s Ministry of Finance has issued regulations for the zero-customs car import initiative relaunched on Monday in order to expedite import approvals, according to an official statement on Tuesday.
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