Remittances from Egyptians abroad increased by 29.3 percent year-on-year in December 2017 to $2.6 billion, up from …
Tag:
shortage
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Industry & Trade
Egypt’s 2017 trade deficit falls by 26% year on year
by Yomna Yasserby Yomna YasserEgypt’s 2017 trade deficit fell 26 percent year on year by $12 billion, the trade ministry said …
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Egypt’s foreign debt rose by 42 percent to $79 billion during the financial year 2016/2017, said Central …
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Banks
Egypt clears huge financial backlog as it rebounds from USD shortage
by Yomna Yasserby Yomna YasserEgypt has cleared a multibillion-dollar backlog of foreign-currency requests from importers and foreign companies since floating the …
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Industry & Trade
Egypt planning 200% surge in rice production, says Supply Ministry
by Yomna Yasserby Yomna YasserEgypt’s Minister of Supply and Internal Trading said that Egypt targets rising rice production by 200 percent …
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Tech news
Facebook to build housing in Silicon Valley for first time
by Yomna Yasserby Yomna YasserThe shortage of housing in California’s Silicon Valley has gotten so severe that Facebook Inc on Friday …
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Egypt’s Prime Minister Sherif Ismail said on Sunday that the government has “reached a solution” that works …
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The Egyptian authorities have seized 9,000 tonnes (9,920 tons) of sugar in raids on factories and warehouses, …
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Egypt News
Doctors Syndicate calls for lowering subsidised milk price to EGP5
by Noha Gadby Noha GadThe Doctors Syndicate called for a set of decisions to be enforced in order to resolve the …
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A shortage of bricks is a contributing factor in rising house prices in the UK over the …
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