Economy

The Apache Oil Company is trying to acquire a large number of new areas in Egypt to search and explore…

Egypt’s Financial Regulatory Authority approved the establishment of the nation’s first fund to invest in gold, enhance financial and investment…

Fitch Ratings on Friday lowered Egypt’s rating by one notch from “B+” to “B”, while converting its outlook to “negative”,…

Egyptian Finance Minister Mohamed Maait responded to Fitch’s decision to downgrade Egypt’s credit rating in both local and foreign currencies…

Egypt will implement a package of financial, monetary and structural measures to deal with the high external financing needs of…

The US dollar price stabilized at the beginning of trading, on Thursday, April 20, in Egypt. At the same time…

The US dollar price in Egyptian banks recorded the following on Tuesday:   Central Bank of Egypt LE30.83 for purchase…

TV host Youssef al-Husseini announced that a twenty-pound plastic (polymer) banknote will soon be issued, after citizens traded the ten-pound…

  The Chargé d’Affaires of the Turkish Embassy to Egypt, Ambassador Salih Mutlu Şen said that he expects the volume…

The World Bank lowered its forecast for Egypt’s gross domestic product growth during the current fiscal year to four percent…