Economy
Egypt PM: The draft budget of 2022-2023 raises the standard of living for 60% of Egyptians
January 9, 2022
Egypt PM: The draft budget of 2022-2023 raises the standard of living for 60% of Egyptians
Egyptian Prime Minister Mostafa Madbouly held a meeting on Sunday to review the main features of the state’s draft general…
Exchange rate of foreign currencies at CBE
January 4, 2022
Exchange rate of foreign currencies at CBE
The exchange rates of foreign and Arab currencies against the Egyptian pound, during the latest update of the official website…
Suez Canal achieves the highest annual revenue ever with US$ 6.3 billion during 2021
January 2, 2022
Suez Canal achieves the highest annual revenue ever with US$ 6.3 billion during 2021
The Head of the Suez Canal Authority Osama Rabie announced Sunday that the navigation statistics in the canal for 2021…
Saudi Arabia signs agreements to finance small and medium enterprises in Egypt worth LE 300 million
January 1, 2022
Saudi Arabia signs agreements to finance small and medium enterprises in Egypt worth LE 300 million
At the conclusion of its three-day meeting in Cairo at the headquarters of the Ministry of International Cooperation, the Saudi…
Lebanese Minister: Egyptian gas will raise electricity supply from 8 to 12 hours
December 29, 2021
Lebanese Minister: Egyptian gas will raise electricity supply from 8 to 12 hours
Lebanese Energy Minister Walid Fayyad said, on Tuesday, that the agreement to import gas from Egypt will add 450 megawatts…
US Dollar maintains stable exchange rate on Tuesday in Egypt
December 28, 2021
US Dollar maintains stable exchange rate on Tuesday in Egypt
The US dollar exchange rate witnessed remarkable stability on Tuesday against the Egyptian pound, in the Banque Misr and the…
Port Rashid, the 1st integrated fishing port in Egypt at a cost of LE 600 million
December 28, 2021
Port Rashid, the 1st integrated fishing port in Egypt at a cost of LE 600 million
The fishing port in Rashid city is one of the largest national projects established in the Beheira Governorate. It is…
Famous American company invests US$ 3.5 billion in an Egyptian vital sector
December 27, 2021
Famous American company invests US$ 3.5 billion in an Egyptian vital sector
Egypt signed an agreement with the American Apache Corporation in which the company will invest in the energy sector, which…
President Sisi inaugurates Al-Baghdadi Industrial Zone in Luxor at LE816 million cost
December 26, 2021
President Sisi inaugurates Al-Baghdadi Industrial Zone in Luxor at LE816 million cost
Egyptian President Abdel Fattah al-Sisi inaugurated the Al-Baghdadi Industrial Zone in southern Luxor, as part of a bunch of projects…
CBE extends exemptions on fees until end of June
December 25, 2021
CBE extends exemptions on fees until end of June
The Central Bank of Egypt has set a maximum daily limit for cash withdrawals or deposits through ATMs, that the…