Economy
IMF reviews Egypt’s efforts to increase its worldwide exports
March 20, 2021
IMF reviews Egypt’s efforts to increase its worldwide exports
The International Monetary Fund (IMF) has reviewed Egypt’s efforts to increase its exports to global markets and support various productive…
Thursday’s US dollar to Egyptian pound exchange rate
March 18, 2021
Thursday’s US dollar to Egyptian pound exchange rate
The US dollar to Egyptian pound exchange rate on Thursday recorded a low of LE15.64 for purchase and LE15.74 for…
US Dollar to Egyptian pound exchange rates for Wednesday
March 17, 2021
US Dollar to Egyptian pound exchange rates for Wednesday
The US dollar to Egyptian pound exchange rate on Wednesday recorded a low of LE15.64 for purchase and LE15.74 for…
Egypt plans world’s largest spinning and weaving factory at LE900 mln
March 16, 2021
Egypt plans world’s largest spinning and weaving factory at LE900 mln
Egypt is preparing to announce the establishment of the largest spinning and weaving factory in the world in Mahalla al-Kubra,…
Gold prices rise in Egyptian market, 21-karat now LE764
March 13, 2021
Gold prices rise in Egyptian market, 21-karat now LE764
Gold prices in Egypt rose by at least nine LE for all kinds on Saturday compared to Friday. Friday saw…
Egypt gears up to manufacture vehicle tires of all kinds
March 13, 2021
Egypt gears up to manufacture vehicle tires of all kinds
Minister of Public Business Sector Hisham Tawfik, alongside Minister of State for Military Production Mohamed Ahmed Morsi, and Chairman of…
US dollar to Egyptian pound exchange rate increases by one piaster
March 11, 2021
US dollar to Egyptian pound exchange rate increases by one piaster
The US dollar to Egyptian pound exchange rate increased by one piaster on Thursday, recording LE15.66 for purchase and LE15.76…
Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook
March 10, 2021
Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook
American credit rating agency Fitch Ratings affirmed on Wednesday Egypt’s Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘B+’, with…
EgyptAir’s flight to Morocco halted, losses amount to LE500 million per month
March 7, 2021
EgyptAir’s flight to Morocco halted, losses amount to LE500 million per month
EgyptAir’s daily flight to Casablanca, Morocco, has stopped operating after Moroccan authorities extended the state of emergency in the country…
Gold prices at lowest point, Egyptians encouraged to buy this week
March 7, 2021
Gold prices at lowest point, Egyptians encouraged to buy this week
The Secretary of the Gold Division at the Federation of Egyptian Chambers of Commerce Nady Naguib announced Saturday that gold…