Economy
Egypt sells 605.3 mln in Euro-denominated T-bills – central bank
August 18, 2020
Egypt sells 605.3 mln in Euro-denominated T-bills – central bank
Egypt has sold 605.3 million euros in one-year Euro-denominated treasury bills, the central bank said on Monday. The average yield…
Five factors behind the recent decline in gold prices
August 13, 2020
Five factors behind the recent decline in gold prices
Gold prices fell during trading on Tuesday, in the worst daily decline since last March. The spot price fell to…
Europe approves US$100 mn loan to Egypt’s Banque Misr: Minister
August 12, 2020
Europe approves US$100 mn loan to Egypt’s Banque Misr: Minister
The European Bank for Reconstruction and Development (EBRD) has approved support for the Egyptian economy with a US$100 million loan…
IMF says Egypt prioritizes spending on health, education, and social protection
August 11, 2020
IMF says Egypt prioritizes spending on health, education, and social protection
The International Monetary Fund (IMF) on Monday announced that Egypt is mobilizing its revenues to prioritize spending on health, education,…
Egypt’s gold prices down by LE14 per gram, 21-karat at LE910
August 8, 2020
Egypt’s gold prices down by LE14 per gram, 21-karat at LE910
Gold prices declined significantly in Egypt and internationally on Saturday. The price of 21-karat gold, the most popular in Egypt,…
Egypt’s net foreign reserves edge up to US$38.31 bn in July – Central Bank
August 6, 2020
Egypt’s net foreign reserves edge up to US$38.31 bn in July – Central Bank
CAIRO, Aug 6 (Reuters) — Egypt’s net foreign reserves rose slightly to US$38.315 billion in July from $38.202 billion in…
Egypt’s private economic activity hits 1-year high – PMI
August 6, 2020
Egypt’s private economic activity hits 1-year high – PMI
CAIRO, Aug 5 (Reuters) — A contraction in Egypt’s non-oil private sector slowed to its lowest rate in a year…
US dollar to Egyptian pound exchange rate remain stable
July 30, 2020
US dollar to Egyptian pound exchange rate remain stable
US dollar to Egyptian pound exchange rates remained stable on Thursday at the Central Bank of Egypt, recording LE15.93 for…
Ten facts about Egypt’s new Robbiki Industrial City
July 29, 2020
Ten facts about Egypt’s new Robbiki Industrial City
Egyptian President Abdel Fattah al-Sisi on Tuesday inaugurated Egypt’s new Robbiki Industrial City for Spinning, Weaving and Leather Industry, the…
US dollar to Egyptian pound exchange rates stable on Tuesday
July 28, 2020
US dollar to Egyptian pound exchange rates stable on Tuesday
The US dollar to Egyptian pound exchange rate witnessed stable prices on Tuesday at the Central Bank of Egypt, recording…