Economy

US dollar exchange rates at major Egyptian Banks on Saturday

US dollar exchange rates at major Egyptian Banks on Saturday

The dollar’s exchange rate against the Egyptian pound remained stable on Saturday. This stability reflects the downward trend observed in…
US dollar exchange rate against the Egyptian pound on Friday

US dollar exchange rate against the Egyptian pound on Friday

The exchange rate of the US dollar against the Egyptian pound stabilized on Friday after the last decline recorded on…
Bringing down prices: Government and Central Bank prioritize inflation relief

Bringing down prices: Government and Central Bank prioritize inflation relief

Prime Minister Mostafa Madbouly reviewed during his meeting on Thursday with Governor of the Central Bank of Egypt (CBE) Hassan…
South Med project to be developed at investments worth LE1 trillion: TMG

South Med project to be developed at investments worth LE1 trillion: TMG

The CEO and Managing Director of the Talaat Moustafa Group (TMG), Hisham Talaat Moustafa announced that the South Med project…
Egypt to allow private sector to offer its goods on Mercantile Exchange: Minister

Egypt to allow private sector to offer its goods on Mercantile Exchange: Minister

The Egyptian Minister of Supply and Internal Trade, Ali al-Moselhi said that Egypt will allow private sector companies to list…
Egypt sees significant decline in total external debt

Egypt sees significant decline in total external debt

Egypt’s total external debt declined to US$160.607 billion during the first quarter of 2024, compared to $168.034 billion during the…
Egypt tops Africa in attracting foreign direct investment: UNCTAD

Egypt tops Africa in attracting foreign direct investment: UNCTAD

UNCTAD (United Nations Conference on Trade and Development) has announced that Egypt topped African countries in attracting foreign direct investment…
CAPMAS reports 36.5% increase in Egypt’s cotton exports during 2023

CAPMAS reports 36.5% increase in Egypt’s cotton exports during 2023

The annual report of the Central Agency for Public Mobilization and Statistics (CAPMAS) on cotton for the 2022/2023 agricultural season…
Abu Dhabi Ports Group pumps $4.7 million into Egyptian cruise terminals for luxury tourism boom

Abu Dhabi Ports Group pumps $4.7 million into Egyptian cruise terminals for luxury tourism boom

Egypt and Abu Dhabi Ports have finalized an agreement to build cruise ship terminals in several Egyptian ports. These ports…
IMF, Egypt reaches staff level agreement worth US$820 million

IMF, Egypt reaches staff level agreement worth US$820 million

The International Monetary Fund (IMF) announced on Thursday that it reached a staff level agreement with Egyptian authorities on a…
Back to top button