Economy

US dollar price in Egypt stabilizes Wednesday

US dollar price in Egypt stabilizes Wednesday

The price of the US dollar stabilized in mid-trading on Wednesday recording at the Central Bank of Egypt LE30.83 for…
Damietta Port receives 40,241 tons of Russian wheat

Damietta Port receives 40,241 tons of Russian wheat

The Damietta Port received the cargo ship PETRA III, sailing under the flag of Panama and coming from Russia, carrying…
InstaPay transactions total LE112.7 bn in a year: CBE

InstaPay transactions total LE112.7 bn in a year: CBE

The Central Bank of Egypt announced that the financial transactions that took place through instant payments network InstaPay during the…
New cigarette prices after increase in Egypt

New cigarette prices after increase in Egypt

  There are new rates for the price of cigarette in Egypt which have increased in said Ibrahim Imbaby, Head…
Kamel al-Wazir: Egypt does not sell its property

Kamel al-Wazir: Egypt does not sell its property

  The Egyptian Transport Minister Kamel al-Wazir, commented on the signing of the final contract for the operation, management and…
Local meat price exceeds LE300 per kilogram

Local meat price exceeds LE300 per kilogram

The price of a kilogram of local meat has now exceeded LE300 in Egypt for the first time in history.…
Silicon Valley crisis will increase Egypt’s gold prices

Silicon Valley crisis will increase Egypt’s gold prices

The head of the General Division for Gold and Jewelry at the Federation of Egyptian Chambers of Commerce Hani Milad…
Egyptian government to offer 4 major companies through international investment banks

Egyptian government to offer 4 major companies through international investment banks

The spokesman for the Egyptian Cabinet Nader Saad announced consensus among the government members to start the procedures for offering…
Egypt’s core inflation skyrocketed to a record 40.26% in February: CBE

Egypt’s core inflation skyrocketed to a record 40.26% in February: CBE

Data from the Central Bank of Egypt (CBE) showed a jump in the core inflation rate reaching 40.26 percent in…
Egypt’s grain imports from Russia reach $334.3 mln in November 2022: CAPMAS

Egypt’s grain imports from Russia reach $334.3 mln in November 2022: CAPMAS

Egypt’s grain imports from Russia have amounted to about US$334.3 million in November 2022, compared to about $194.4 million in…
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