Economy

Egypt strikes deal with Chinese company to produce electric cars

Egypt strikes deal with Chinese company to produce electric cars

Egypt’s Minister of the Public Business Sector Hisham Tawfiq on Thursday witnessed the signing via video conference of a memorandum…
Solidarity or frugality? EU leaders discuss coronavirus plan

Solidarity or frugality? EU leaders discuss coronavirus plan

BRUSSELS (AP) — As they brace for the worst economic downturn since the Great Depression, leaders of the European Union’s…
Egypt’s Petroleum Ministry announces oil discovery in Gulf of Suez

Egypt’s Petroleum Ministry announces oil discovery in Gulf of Suez

Egypt’s Ministry of Petroleum on Thursday announced the discovery of an oil field in the shallow waters of the Geisum…
US dollar to Egyptian pound exchange rates show slight increase

US dollar to Egyptian pound exchange rates show slight increase

US dollar to Egyptian pound exchange rates in some financial institutions rose slightly on Wednesday in favor of the dollar.…
US dollar to Egyptian pound exchange rate rises by 2 piasters at CBE

US dollar to Egyptian pound exchange rate rises by 2 piasters at CBE

US dollar to Egyptian pound exchange rates rose by two piasters on Monday at the Central Bank of Egypt in…
Egypt’s Gold prices up by LE3 per gram, 21-karat at LE780

Egypt’s Gold prices up by LE3 per gram, 21-karat at LE780

Gold prices in the Egyptian market rose by about three LE on Saturday compared to Friday’s prices. The price of…
Stock markets pick up after heavy Wall Street rout

Stock markets pick up after heavy Wall Street rout

Stock markets picked up on Friday after a day of losses in Asia and following Wall Street’s heavy sell-off the…
Tips to reduce energy consumption from ACs: Egypt’s Electricity Ministry

Tips to reduce energy consumption from ACs: Egypt’s Electricity Ministry

Egypt’s Ministry of Electricity and Renewable Energy has offered several tips on how to reduce electricity consumption from air conditioning…
US Dollar exchange rates decrease against Egyptian Pound

US Dollar exchange rates decrease against Egyptian Pound

Exchange rates between the US dollar and the Egyptian pound decreased on Wednesday, following a week-long rise in the value…
Egyptian govt announces new increases to price of electricity

Egyptian govt announces new increases to price of electricity

Egyptian Electricity Minister Mohamed Shaker during a press conference on Tuesday announced the annual increases in electricity prices for domestic…
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