First Independent Mena Newspaper
On Wednesday September 11, the Central Agency for Public Mobilization and Statistics (CAPMAS) reported an increase in Egyptian exports to Germany. In the first half of 2024, Egyptian exports to Germany totaled $463 million, up 11% from $417 million during the same period in 2023. Egyptian imports from Germany also rose, reaching $2 billion in […]
Egypt’s Minister of Trade and Industry Ahmed Samir, Tuesday August 1, as he began a trip to Turkey announced that the North African country plans to increase the volume of bilateral trade with Turkey. From $10 billion to $15 billion over the next five years. Samir’s visit (August 1-3) is the first for an Egyptian […]
The divorce rate in Egypt is on the increase as the country registered 245,777 last year, up from 22,036 cases the previous year according to data presented by the Central Agency for Public Mobilisation and Statistics (CAPMAS), Middle East Monitor (MEMO) reports. The increase in the number of divorces represents 14.7 per cent. The CAPMAS’s […]
The number of Russian tourists’ arrival in Egypt has dropped by 23.9% in 2015 compared with 2014 figures. “A total of 2.4 million Russian tourists visited Egypt in 2015, down from 3.1 million in 2014,” an official from the Egyptian Ministry of Tourism indicated Friday. “The sharp decrease is a direct fallout of the downing […]
The devaluation of the Egyptian pound seems more and more probable after foreign reserves dropped for the third consecutive month, as shown by the Central Bank data. The foreign reserves have fallen from $20 billion in June to $16 billion in September according to the central bank. The current amount could cover only 3.3 months […]
In a bid to boost its tourism industry, Egypt has come up with the plan of exempting neighboring countries in the North African region from visa procedures when they are entering the country as tourists. It is being reported that only Libya, Tunisia, Morocco and Algeria are part of the exempted countries that will no […]