Month: July 2022

CAIRO – 31 July 2022: The Egyptian government has detected four prominent egg brokers for maintaining a horizontal cartel agreement since October 2020, causing a colossal spike in the prices of eggs, a main dish on Egyptian tables.Over the past months,…

CAIRO – 31 July 2022: In light of its presidency of COP27 that will take place in Sharm El Sheikh next November, COP27 Egyptian presidency announced the launching of unprecedented initiative to enhance investments in different climate action sectors th…

CAIRO – 31 July 2022: Egypt’s President Abdel Fattah El Sisi has urged the government to study supply prices of agricultural crops for the new season, said Prime Minister Moustafa Madbouly on Sunday.Madbouly made the remarks in a virtual meeting with S…

CAIRO – 31 July 2022: The State Information Service (SIS) released the plan set to develop Giza’s Al Warraq Island, spanning over 6,360 square kilometers, at a budget of LE17.5 billion. The estimated annual income is LE 20.4 billion for 25 years, as th…

The Egyptian Cabinet’s Media Center said on Sunday that the International Monetary Fund expects Egypt to achieve the fourth highest growth rate among the most important global economies for the year 2023, despite reducing the growth expectations of mos…

The Agriculture Export Council said on Sunday that Egypt’s exports of agricultural crops increased the September 2021 to June 2022 export season to reach $2.47 billion, compared to $ 2.217 billion during the same period for the 2020-2021 season, at a r…

Remittances of Egyptians working abroad from July 2021 to May 2022 reached about US$ 29.1 billion, an increase of 2.1 percent on an annual basis, compared to about $28.5 billion compared to July 2020 to May 2021.For May 2022, remittances from Egyptians…