Economy
Egypt’s furniture exports fall 33% during past 6 months
July 26, 2020
Egypt’s furniture exports fall 33% during past 6 months
The Egyptian Furniture Export council (EFEC) revealed Monday that the sector’s exports fell from January to June by 33 percent…
Egypt’s inflation hits lowest level in 14 years: Cabinet
July 25, 2020
Egypt’s inflation hits lowest level in 14 years: Cabinet
Egypt’s government announced Saturday that the country’s inflation rate during 2019/2020 has seen its best level in 14 years since…
UN: Arab economies to shrink by 5.7% amid virus fallout
July 23, 2020
UN: Arab economies to shrink by 5.7% amid virus fallout
BEIRUT (AP) — The pandemic will exact a heavy toll on Arab countries, causing an economic contraction of 5.7 percent…
US Dollar to Egyptian Pound exchange rates sees small increase
July 22, 2020
US Dollar to Egyptian Pound exchange rates sees small increase
The US dollar to Egyptian pound exchange rate at the Central Bank of Egypt increased on Wednesday to record LE15.92…
US dollar to Egyptian pound exchange rates show slight decline
July 21, 2020
US dollar to Egyptian pound exchange rates show slight decline
US dollar to Egyptian pound exchange rates at the Central Bank of Egypt recorded a slight decline on Monday, settling…
Coronavirus measures cause declining incomes for 74% of Egyptians: CAPMAS
July 20, 2020
Coronavirus measures cause declining incomes for 74% of Egyptians: CAPMAS
Egypt’s coronavirus measures have caused declining incomes for approximately 74 percent of the population, said a consultant to the Central…
US dollar to Egyptian pound exchange rates shows slight increase
July 16, 2020
US dollar to Egyptian pound exchange rates shows slight increase
US dollar to Egyptian pound exchange rates at the Central Bank of Egypt (CBE) increased by one piaster on Monday,…
Officials deny social media claims of replacement for Egypt’s LE10 bank notes
July 15, 2020
Officials deny social media claims of replacement for Egypt’s LE10 bank notes
Egypt’s cabinet back in January debunked news circulating on social media claiming that the LE10 banknotes issued by the Central…
US dollar exchange rate in Egypt shows slight decline
July 12, 2020
US dollar exchange rate in Egypt shows slight decline
The US dollar to Egyptian pound exchange rate declined by three piasters in the Central Bank of Egypt on Sunday,…
Egypt’s 2020 agricultural exports to date exceed 3.6 million tons
July 10, 2020
Egypt’s 2020 agricultural exports to date exceed 3.6 million tons
Egypt’s Ministry of Agriculture and Land Reclamation on Friday announced that the volume of Egyptian agricultural exports from January 1…