Economy
Polymer plastic money to be put up on Egyptian market in June
May 24, 2021
Polymer plastic money to be put up on Egyptian market in June
The deputy governor of the Central Bank of Egypt for the cash printing house Khaled Farouk revealed in earlier statements…
Egypt to establish 1st factory in Africa to produce high-precision lathing machines
May 23, 2021
Egypt to establish 1st factory in Africa to produce high-precision lathing machines
Egyptian President Abdel Fattah al-Sisi on Saturday received the CEO of Germany’s DMG MORI Christian Thönes to discuss cooperation between…
South Korean companies interested in investing in Egypt’s Suez Canal
May 22, 2021
South Korean companies interested in investing in Egypt’s Suez Canal
South Korean companies have expressed interest in cooperating with Egypt in areas such as investments in the Suez Canal, alongside…
US dollar to Egyptian pound exchange rate for Thursday
May 20, 2021
US dollar to Egyptian pound exchange rate for Thursday
The US dollar to Egyptian pound exchange rate on Thursday recorded LE15.61 for purchase and LE15.71 for selling in most…
US dollar to Egyptian pound exchange rate for Wednesday
May 19, 2021
US dollar to Egyptian pound exchange rate for Wednesday
The US dollar to Egyptian pound exchange rate on Wednesday recorded LE15.61 for purchase and LE15.71 for sale in most…
Egyptian senate approves sovereign bonds law in principle
May 17, 2021
Egyptian senate approves sovereign bonds law in principle
Egypt’s parliament on Monday approved in principle a draft law submitted by the government regarding the issuance of a sovereign…
Egypt reduces compensation claims over Suez Canal closure
May 11, 2021
Egypt reduces compensation claims over Suez Canal closure
Head of the Suez Canal Authority (SCA) Osama Rabie said on Sunday that Egypt has offered to reduce its compensation…
Egypt’s agricultural exports up to 2.7 million tons from January to April
May 1, 2021
Egypt’s agricultural exports up to 2.7 million tons from January to April
The Egyptian Ministry of Agriculture and Land Reclamation announced Friday that the volume of agricultural exports has increased to more…
US$1 billion in new investments for Khaleda and Qarun oil fields
April 28, 2021
US$1 billion in new investments for Khaleda and Qarun oil fields
Egyptian Minister of Petroleum and Mineral Resources, Tarek al-Molla, chaired, on Wednesday, the meeting of the general assembly of both…
Hermes: Resumption of all Egypt-Russia flights will return US$3.5 billion in tourism revenue to Egypt
April 27, 2021
Hermes: Resumption of all Egypt-Russia flights will return US$3.5 billion in tourism revenue to Egypt
Mohamed Abu-Basha, deputy head of the research sector at EFG Hermes, praised the decision to resume flights between Egypt and…