Egypt can no longer depend on hot money for budget: finance minister
Egypt’s finance minister said on Monday the government could no longer depend on foreign purchases of treasuries to finance its budget, but must work to...
Egypt
Egypt’s strategic wheat reserves sufficient for 5.7 months, minister says
Egypt has strategic reserves of wheat sufficient for 5.7 months, Supply Minister Aly Moselhy said in a news conference on Sunday, adding that the country...
Egypt-Greece-Cyprus defence ministers review sovereignty concerns, regional security cooperation
Concerns over possible unilateral actions violating the sovereignty, sovereign rights and territorial integrity of any country in the wider East Mediterranean region were top of...
Kasoulides meets Egyptian counterpart in Cairo
Bilateral relations, trilateral cooperation with Greece, challenges in the Eastern Mediterranean, the war in Ukraine and the Cyprus problem were among the issues discussed between...
Egypt’s street trees fall foul of urban development drive
By Menna A. Farouk In Cairo’s busy streets, towering palms, purple-blossomed jacarandas and mature sycamore trees provide precious respite from the midday sun and a...
Egyptian economy seen growing 5.3 per cent in year to June, 5.2 per cent in 2022/23
Egypt’s economy will grow 5.3 per cent in the fiscal year ending in June but the pace will ease to 5.2 per cent in 2022/23...
Egypt’s urban inflation accelerates to 10.5 per cent in March
Egypt’s annual urban consumer price inflation accelerated in March to 10.5 per cent, its highest in nearly three years and faster than analysts had expected,...
Egyptian army chief focuses on East Med security
Deepening cooperation between Cyprus and Egypt was at the centre of a meeting on Tuesday between President Nicos Anastasiades and Egypt’s army chief Lieutenant General...
Egyptian pound drops 10 per cent after Ukraine war prompts dollar flight
Egypt’s pound depreciated by 10.67 per cent on Monday after weeks of pressure on the currency as foreign investors pulled out billions of dollars from...
Cyprus’ presence at energy conference successful, agency says
Cyprus’ representation at the Egypt Petroleum Show (EGYPS) in Cairo, which concluded on Wednesday, was a success, national promotion agency Invest Cyprus said on Friday....
