Economy

Wednesday’s US dollar to Egyptian pound exchange rates

Wednesday’s US dollar to Egyptian pound exchange rates

US dollar exchange rate is stable on Wednesday in several Egyptian banks. The prices of the US dollar witnessed remarkable…
Remittances of Egyptians abroad up by 1.5 percent in 3 months

Remittances of Egyptians abroad up by 1.5 percent in 3 months

The Central Bank of Egypt announced on Tuesday that remittances of Egyptians working abroad during the first quarter of the…
Central Bank of Egypt issues treasury bonds worth LE 14.5 billion on Monday

Central Bank of Egypt issues treasury bonds worth LE 14.5 billion on Monday

The Central Bank of Egypt on Monday issued treasury bonds worth LE14.5 billion, in coordination with Finance Ministry, to finance…
2.1 million women benefit from micro-enterprises financing at LE 11.8 billion

2.1 million women benefit from micro-enterprises financing at LE 11.8 billion

The Financial Regularity Authority in Egypt said, on Wednesday, that 2.1 million women were able to benefit from the activity…
Ezz Aldekhela buys Abu-Hashima’s shares in El-Masreen Steel

Ezz Aldekhela buys Abu-Hashima’s shares in El-Masreen Steel

The EL-Ezz Aldekhela Steel – Alexandria company announced on Sunday that it has purchased 18 percent of the ownership of…
Egyptian economy 2nd largest Arab and African economy by 2022: IMF

Egyptian economy 2nd largest Arab and African economy by 2022: IMF

The Cabinet Media Center published an infographic report highlighting expectations from the International Monetary Fund that the Egyptian economy will…
Five coalitions express interest in land of former Egyptian National Democratic Party headquarters

Five coalitions express interest in land of former Egyptian National Democratic Party headquarters

The CEO of the Sovereign Fund of Egypt Ayman Soliman announced Tuesday that five coalitions have expressed their desire to…
Central Bank of Egypt says foreign currency reserves up to $40.909 bn in November

Central Bank of Egypt says foreign currency reserves up to $40.909 bn in November

The Central Bank of Egypt (CBE) announced on Tuesday that international foreign currency reserves increased at the end of November…
Egypt’s apparel exports up by 40 percent from January to October

Egypt’s apparel exports up by 40 percent from January to October

Egypt’s Ready-Made Garments Export Council (RMGEC) announced Sunday that the sector’s exports increased by 40 percent from January to October,…
Egypt increases prices for gas cylinders

Egypt increases prices for gas cylinders

The Ministry of Petroleum and Mineral Resources in Egypt began on Saturday to enforcing an increase to the prices of…
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