Economy

US dollar rates continue to decline

US dollar rates continue to decline

The price of the US dollar in Egyptian banks has continued to decline against the Egyptian pound for the fourth…
US dollar exchange rate’s decline continues for third consecutive day

US dollar exchange rate’s decline continues for third consecutive day

The US dollar exchange rate witnessed decline against the Egyptian pound for the third day in row. According to the…
Number of tourists in May up by 32.9 percent: CAPMAS

Number of tourists in May up by 32.9 percent: CAPMAS

The number of tourists that visited Egypt in May increased by 32.9 percent compared to last year, the Central Agency for Public…
12 ways to reduce your car’s fuel consumption

12 ways to reduce your car’s fuel consumption

Fuel prices have recently risen by more than 40 percent for high octane gasoline 92, which may force many to…
Poultry prices see LE8 decline

Poultry prices see LE8 decline

Local poultry stocks have seen a decline in prices down by LE8.5 per kilogram. The price at retailers is currently…
US dollar at lowest point in Egypt market in four months

US dollar at lowest point in Egypt market in four months

For the first time in four months, the exchange rate of the US dollar against the Egyptian pound fell below…
Central Bank of Egypt considers additional hikes in key interest rates

Central Bank of Egypt considers additional hikes in key interest rates

The government is considering a new hike in key deposit and lending rates; the issue will be discussed by the…
White taxis’ new tariff set at LE5: Official

White taxis’ new tariff set at LE5: Official

Secretary General of Cairo Governor Mohamed al-Sheikh has said the new tariff of white taxis will increase by 25 piasters…
Egypt’s govt hikes gasoline, diesel prices, 2nd increase since currency flotation

Egypt’s govt hikes gasoline, diesel prices, 2nd increase since currency flotation

Egypt’s government on Thursday increased gasoline and diesel prices, in the second fuel hike since the currency was floated in…
Presidential instructions order establishing new seaport in Alexandria, expanding old one

Presidential instructions order establishing new seaport in Alexandria, expanding old one

Transportation Ministry has started conducting studies as well as the public scheme of the new Alexandria seaport to expand its…
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