Economy
Egypt strikes deal with Chinese company to produce electric cars
June 19, 2020
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
June 19, 2020
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
June 18, 2020
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
June 17, 2020
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
June 15, 2020
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
June 13, 2020
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
June 12, 2020
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
June 10, 2020
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
June 10, 2020
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
June 9, 2020
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…