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IMF hails Egypt’s economic development, low rates of unemployment
Date: 2019-04-29 18:36:15 GMT - United Arab Emirates - Economy - SN:7 - ID:7921976
Regional director of the International Monetary Fund (IMF) Gehad Azour on Monday said Egypt will witness economic development in the coming period, praising the decline of unemployment rates. Speaking at a conference in Dubai, where the IMF ....
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Interior ministry seizes 172 weapons, arrests 7 thugs within 24 hours
Date: 2019-04-29 18:18:44 GMT - Egypt - Egypt - SN:6 - ID:7921965
The Ministry of Interior announced Monday the seizure of 25 various kinds of guns and 147 steel weapons and arrested seven thugs. The authorities also detained 74 defendants accused of being involved in 68 drugs-related lawsuits. Moreover, ....
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CBE gov.: United Bank of Egypt to be sold to US investment fund in 3 months
Date: 2019-04-29 17:51:23 GMT - Egypt - Economy - SN:5 - ID:7921944
Central Bank of Egypt (CBE) Governor Tareq Amer revealed that a giant US investment fund will buy the United Bank of Egypt in a period of three months. Amer's announcement comes after the US investment fund had carried out the due diligence on ....
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7,800 Palestinian pilgrims flown by EgyptAir to Saudi Arabia to perform Ummrah since March
Date: 2019-04-29 16:46:21 GMT - Egypt - Arab world - SN:4 - ID:7921901
EgyptAir has flown 7,800 Palestinian pilgrims, on board of 32 flights, to Saudi Arabia to perform Ummrah (minor pilgrimage) since March. In a statement, the Egyptian national flag carrier said that it will operate on Monday four flights to ....
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IMF expects continuing growth of Egypt's exports
Date: 2019-04-29 16:19:04 GMT - United Arab Emirates - Economy - SN:3 - ID:7921879
The International Monetary Fund (IMF) expects Egypt's exports to remain on an upward track, projecting a boom in the country's tourism sector, alongside an increase in natural gas discoveries. In a new report on its economic outlook for the ....