Economy
Egypt launches tokenization for payment cards on mobile apps, Apple Pay service
December 15, 2024
Egypt launches tokenization for payment cards on mobile apps, Apple Pay service
The Central Bank of Egypt (CBE) announced that it has launched the tokenization of payment cards on mobile applications and…
US dollar surges against the Egyptian pound
December 12, 2024
US dollar surges against the Egyptian pound
The US dollar recorded an increase of 15 piasters in both buying and selling rates on Thursday, during mid-day trading…
Egypt plans to offer at least 10 companies for sale in 2025
December 12, 2024
Egypt plans to offer at least 10 companies for sale in 2025
Egypt is planning to offer at least 10 companies for sale in 2025, according to a press conference by Prime…
China discovers world’s largest gold mine
December 9, 2024
China discovers world’s largest gold mine
China has announced the discovery of a gold mine that may be the largest in the world, containing reserves estimated…
After breaking the LE50-mark, will the US dollar exchange rate continue to rise?
December 7, 2024
After breaking the LE50-mark, will the US dollar exchange rate continue to rise?
The Director of the Cairo Center for Economic and Strategic Studies, Abdel-Moneim al-Sayed, commented on the US dollar price exceeding…
US dollar officially hits new record high, surpassing the 50-Egypt pound mark for first time ever
December 6, 2024
US dollar officially hits new record high, surpassing the 50-Egypt pound mark for first time ever
The Egyptian pound experienced a significant rise against the US dollar on Thursday, with the greenback surpassing the 50-Egyptian pound…
US dollar exchange rate against Egyptian pound at major banks
December 5, 2024
US dollar exchange rate against Egyptian pound at major banks
The dollar exchange rate against the Egyptian pound stabilized at the beginning of trading Thursday, after rising yesterday. Here are…
“Don’t be alarmed if the exchange rate increases”: Egypt’s Prime Minister
November 29, 2024
“Don’t be alarmed if the exchange rate increases”: Egypt’s Prime Minister
Prime Minister Mostafa Madbouly addressed concerns about the Egyptian pound’s exchange rate during a press conference on Thursday. He assured…
US dollar exchange rate against Egyptian pound at major banks
November 24, 2024
US dollar exchange rate against Egyptian pound at major banks
As of Sunday, the Egyptian Pound has maintained its stability against the US Dollar at the beginning of banking transactions.…
US dollar exchange rate against Egyptian pound at Egypt’s major banks on Sunday
November 17, 2024
US dollar exchange rate against Egyptian pound at Egypt’s major banks on Sunday
The US dollar exchange rate against the Egyptian pound remained stable at the beginning of trading on Sunday. The greenback…