Economy
Egypt’s Gold prices up by LE9 per gram, 21-karat at LE803
July 9, 2020
Egypt’s Gold prices up by LE9 per gram, 21-karat at LE803
Gold prices in the Egyptian market rose by about nine LE on Thursday compared to prices on Wednesday. The price…
US dollar exchange rates decline in Egyptian banks
July 7, 2020
US dollar exchange rates decline in Egyptian banks
Exchange rates for US dollars declined against the Egyptian pound at the beginning of official trading in Egyptian banks on…
US dollar exchange rates stay consistent against Egyptian pound
June 29, 2020
US dollar exchange rates stay consistent against Egyptian pound
US dollar to Egyptian pound exchange rates at the Central Bank of Egypt (CBE) remained unchanged on Monday, recording LE16.11…
IMF approves US$5.2 billion loan for Egypt against COVID-19
June 27, 2020
IMF approves US$5.2 billion loan for Egypt against COVID-19
The International Monetary Fund (IMF) approved on Friday a 12-month US$5.2 billion Stand-By Arrangement (SBA) loan for Egypt. The new…
Egypt top recipient of foreign direct investment in Africa in 2019
June 26, 2020
Egypt top recipient of foreign direct investment in Africa in 2019
The Information Center of the Egyptian Cabinet published an infographic showing that Egypt ranked first in Africa in attracting foreign…
Egypt’s central bank keeps key interest rates on hold – statement
June 26, 2020
Egypt’s central bank keeps key interest rates on hold – statement
CAIRO, June 25 (Reuters) — The Central Bank of Egypt (CBE) kept its main interest rates steady on Thursday, despite…
Dutch minister throws carrier KLM 3.4 bn euro lifeline
June 26, 2020
Dutch minister throws carrier KLM 3.4 bn euro lifeline
THE HAGUE, Netherlands (AP) — The Dutch government announced Friday that it will throw national carrier KLM a 3.4 billion-euro…
IMF to discuss Egypt’s request for US$5.2 bn loan
June 26, 2020
IMF to discuss Egypt’s request for US$5.2 bn loan
The Executive Board of the International Monetary Fund will discuss on Friday Egypt’s request for a US$5.2 billion loan to…
No movement on Thursday in US dollar exchange rates in Egyptian banks
June 25, 2020
No movement on Thursday in US dollar exchange rates in Egyptian banks
The US dollar maintained its price against the Egyptian pound on Thursday, following a slight decline on Wednesday. The US…
US dollar stabilizes against Egyptian pound exchange rates
June 22, 2020
US dollar stabilizes against Egyptian pound exchange rates
The US dollar maintained its prices against the Egyptian pound’s exchange rates on Monday, recording LE16.11 for purchase and LE16.24…