Economy
Global shares mostly lower on hurricane, North Korea worries
September 8, 2017
Global shares mostly lower on hurricane, North Korea worries
Global shares mostly slipped Friday on worries about the damage from Hurricane Irma in the US, as well as lingering…
Egypt’s foreign reserves surge to $36.1 in August: CBE
September 6, 2017
Egypt’s foreign reserves surge to $36.1 in August: CBE
Egypt’s foreign reserves increased to $US 36.143 billion in August from $US 36.036 in July, surpassing, for first time, pre-January…
US dollar price stable on Wednesday trading
September 6, 2017
US dollar price stable on Wednesday trading
The US dollar exchange rate was stable against the Egyptian pound at the beginning of Wednesday morning trading at banks…
China to invest $11.2 billion in projects for Egypt’s New Administrative Capital
September 4, 2017
China to invest $11.2 billion in projects for Egypt’s New Administrative Capital
Egypt and China are expected to sign a number of agreements during President Abdel Fatah al-Sisi’s visit to China for…
Egypt ranks 19 among world’s 21 most powerful economies in 2030: PwC report
September 4, 2017
Egypt ranks 19 among world’s 21 most powerful economies in 2030: PwC report
Egypt was ranked the 19th most powerful economy out of a list of the world’s 21 most powerful economies in…
Israel set for $28 billion infrastructure spending boost
September 3, 2017
Israel set for $28 billion infrastructure spending boost
Israeli Prime Minister Benjamin Netanyahu said on Sunday his office would soon publish a multi-year infrastructure spending plan worth more…
US dollar exchange rate stable on Saturday trading
September 2, 2017
US dollar exchange rate stable on Saturday trading
US dollar exchange rate was stable against the Egyptian pound at the beginning of Saturday morning trading. The prices hovered…
US dollar exchange rate continues to decline Wednesday
August 30, 2017
US dollar exchange rate continues to decline Wednesday
The US dollar to the Egyptian pound exchange rate has kept within the lower price trend within the banking dealings…
Global stocks in retreat after North Korean missile test
August 29, 2017
Global stocks in retreat after North Korean missile test
Global stock markets and the dollar fell sharply Tuesday, as investors were rattled by North Korea’s launch of a midrange…
US dollar prices plummet to LE17.64
August 28, 2017
US dollar prices plummet to LE17.64
The Egyptian Pound to US dollar exchange rate plunged during the banking sector’s dealings on Monday. According to last price…