Economy
US dollar exchange rate in Egypt after CBE raises interest rate
March 31, 2023
US dollar exchange rate in Egypt after CBE raises interest rate
The price of the US dollar stabilized on Friday, March 31, one day after the Central Bank of Egypt raised…
US dollar price in Egypt stabilizes Wednesday
March 29, 2023
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
March 29, 2023
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
March 29, 2023
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
March 27, 2023
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
March 20, 2023
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
March 16, 2023
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
March 15, 2023
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
March 13, 2023
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
March 11, 2023
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…