Economy
Gold prices increase in Egypt, 21-karat gold at LE 891
March 15, 2022
Gold prices increase in Egypt, 21-karat gold at LE 891
Gold prices in futures contracts continued to decline on Tuesday while the price of gold rose in spot transactions, after…
CBE issues an exceptional decision on rice, beans and lentils
March 14, 2022
CBE issues an exceptional decision on rice, beans and lentils
The Central Bank of Egypt (CBE) decided to extend the grace period for banks to exclude rice, beans and lentils…
Egypt takes strict measures to stop the repercussions of inflation
March 13, 2022
Egypt takes strict measures to stop the repercussions of inflation
Egypt took strict measures to control the repercussions of inflation and price increases impacted by the Russian-Ukrainian war. The government…
Egypt halts exports of oil, grits and corn for 3 months
March 12, 2022
Egypt halts exports of oil, grits and corn for 3 months
The Egyptian Minister of Trade and Industry, Nevine Gamea, issued a decision starting Saturday to halt exports of oil of…
SCZone meets with A.P. Moller-Maersk to talk green fuel
March 12, 2022
SCZone meets with A.P. Moller-Maersk to talk green fuel
The Head of the Suez Canal Economic Zone (SCZone) Yahya Zaki met with a delegation from the A.P. Moller-Maersk Group…
Egypt achieves highest economic growth rate since beginning of the millennium
March 12, 2022
Egypt achieves highest economic growth rate since beginning of the millennium
Finance Minister Mohamed Maait announced Friday that Egypt recorded the highest semi-annual growth rate since the beginning of the millennium…
US dollar exchange rate stable in Egypt banks
March 8, 2022
US dollar exchange rate stable in Egypt banks
The US dollar exchange rate maintained stable prices in Egypt banks against the local currency on Tuesday. Despite increasing…
Significant decline in gold prices in Egypt and globally on Wednesday
March 2, 2022
Significant decline in gold prices in Egypt and globally on Wednesday
Gold prices declined on Wednesday in Egypt at the start of trading, with prices declining globally after traders flocked to…
Egyptian exports to Arab countries up by 27% in 2021
February 22, 2022
Egyptian exports to Arab countries up by 27% in 2021
Egypt’s exports achieved unprecedented positive indicators in 2021, reaching US$32.13 billion, compared to $25.43 billion in 2020 – an increase…
CAPMAS announces 22.3% increase in bank deposits during 2020/2021
February 20, 2022
CAPMAS announces 22.3% increase in bank deposits during 2020/2021
The Central Agency for Public Mobilization and Statistics announced that bank deposit balances in 2020/2021 were LE5,731.5 billion, an increase…