Economy

Gold prices rise in Egyptian market, 21-karat now LE808

Gold prices rise in Egyptian market, 21-karat now LE808

Gold prices in Egypt continued to rise this Saturday morning after the global price of gold rose on Friday at…
Egypt’s banking sector tops Arab region in increasing deposits

Egypt’s banking sector tops Arab region in increasing deposits

The Egyptian banking sector ranked first among all Arab banking sectors in increasing the volume of deposits until the end…
Tuesday’s exchange rate for foreign currencies in Egypt

Tuesday’s exchange rate for foreign currencies in Egypt

 Al-Masry Al-Youm has published exchange rate for foreign currencies such as the US dollar and others at the National Bank…
Egypt seeks to increase telecom sector’s GDP contribution to 8%, Minister

Egypt seeks to increase telecom sector’s GDP contribution to 8%, Minister

Egypt’s Minister of Communications and Information Technology Amr Talaat announced on Sunday that his ministry is looking to bring the…
National Bank of Egypt’s exchange rate for foreign currencies on Wednesday

National Bank of Egypt’s exchange rate for foreign currencies on Wednesday

Al-Masry Al-Youm has published Wednesday’s exchange rate for foreign currencies such as the US dollar and others at the National…
Egyptian ready-made garment exports to the US fell by 17 percent in 2020

Egyptian ready-made garment exports to the US fell by 17 percent in 2020

Egyptian ready-made garments exports to the American market through the QIZ protocol fell by 17 percent between January to November…
Egypt’s foreign currency reserves up to US$40.0625 billion in December

Egypt’s foreign currency reserves up to US$40.0625 billion in December

The Central Bank of Egypt’s (CBE) net international foreign currency reserves bumped up slightly by the end of last December,…
Over 72% of Egyptians shopped online more since coronavirus outbreak: Report

Over 72% of Egyptians shopped online more since coronavirus outbreak: Report

A recent economic report from the MasterCard Economics Institute showed that over 72 percent of Egyptians have shopped online more…
Marsa Alam investors beg for government support after 95% of city’s hotels shut down

Marsa Alam investors beg for government support after 95% of city’s hotels shut down

Dozens of hotel and tourist villages owners in Marsa Alam are now facing a crisis as the coronavirus pandemic has…
Gold prices decline in Egyptian market by LE3 on Thursday

Gold prices decline in Egyptian market by LE3 on Thursday

Gold prices declined in Egypt on Thursday, with the price of 21-karat (the market’s highest selling gold) falling by LE3…
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