Economy

US dollar price in Egypt on Monday

US dollar price in Egypt on Monday

On Monday, November 28, the price of the US dollar stabilized against the Egyptian pound, in most banks operating in…
Hani Genena reveals April as date of US dollar exchange rate stability

Hani Genena reveals April as date of US dollar exchange rate stability

Egyptian economist Hani Genena announced that the Central Bank of Egypt’s increase interest rate by three percent in March came…
US dollar price rises in Egypt

US dollar price rises in Egypt

The average price of the US dollar on Tuesday at the Central Bank of Egypt, compared to Monday, increased by…
Egypt, UAE to establish mega wind energy project with capacity of 10 GW

Egypt, UAE to establish mega wind energy project with capacity of 10 GW

The President of the UAE, Sheikh Mohamed bin Zayed Al Nahyan, announced the signing of an agreement to establish one…
US dollar price stabilizes in Egypt on Monday

US dollar price stabilizes in Egypt on Monday

The price of the US dollar stabilized Monday, on the second working day for banks, after the Federal Reserve raised…
EU provides support of up to US$300 mln to Egypt’s start-up sector: Official

EU provides support of up to US$300 mln to Egypt’s start-up sector: Official

The Secretary-General of the Federation of Egyptian Chambers of Commerce (FEDCOC), and head of the Union for Euro-Mediterranean Business Organizations,…
Will CBE raise interest rate in next meeting?

Will CBE raise interest rate in next meeting?

An economic expert expects that the Central Bank of Egypt would not resort to raising the interest rate at the…
US dollar exchange rate skyrockets on Friday

US dollar exchange rate skyrockets on Friday

The price of the US dollar jumped during the past days, after the Central Bank of Egypt raised the interest…
Gold price drops on Wednesday

Gold price drops on Wednesday

The price of gold on Wednesday fell by LE2 per gram in conjunction with the rise in the price of…
Increase in rebar prices, factories not selling

Increase in rebar prices, factories not selling

Ahmed al-Zainy, Chairman of the Building Materials Division, at the Federation of Egyptian Chambers of Commerce (FEDCOC), said that there…
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