ECONOMY

News about economy

November 5, 2016

Central Bank of Egypt Floats the Egyptian Pound

In a surprise morning announcement, the Central Bank of Egypt announced that it has floated the Egyptian pound against all foreign currencies. “The CBE hereby announces […]
November 2, 2016

Alexandria Chamber of Shipping discusses twinning agreement with Greece, Cyprus

The Alexandria Chamber of Shipping discussed a twinning agreement with the Greek and Cypriot chambers of shipping during the Federation of National Associations of Ship Brokers […]
October 10, 2016

111% increase in Egyptian exports to Cyprus: Trade Minister

Minister of Industry and Trade Tarek Kabil received a report from the Egyptian Commercial Office in Cyprus (ECOC) on the development of trade relations between Egypt […]
October 4, 2016

Gas Finds in Egypt, Israel and Cyprus Redraw the Mediterranean Energy Map

In recent years, Egypt, Israel and Cyprus have all discovered huge natural gas fields off their coasts, raising export potential and perhaps the prospects for better […]