Business
A leap not seen in a year: How much did Egyptian expat remittances reach from January-September 2024?
November 25, 2024
A leap not seen in a year: How much did Egyptian expat remittances reach from January-September 2024?
Remittances from Egyptians working abroad have seen successive leaps since the implementation of the reform measures in March 2024. In…
US dollar exchange rate against Egyptian pound at major banks
November 24, 2024
US dollar exchange rate against Egyptian pound at major banks
As of Sunday, the Egyptian Pound has maintained its stability against the US Dollar at the beginning of banking transactions.…
New tax plan – Egypt agrees to 10 new IMF conditions
November 23, 2024
New tax plan – Egypt agrees to 10 new IMF conditions
A mission from the International Monetary Fund (IMF), led by Ivana Vladkova Hollar, issued a statement at the conclusion of…
CBE maintains overnight deposit and lending rates
November 22, 2024
CBE maintains overnight deposit and lending rates
The Monetary Policy Committee of the Central Bank of Egypt decided in its meeting on Thursday to maintain the overnight…
US dollar exchange rate across Egypt’s banks on Tuesday
November 19, 2024
US dollar exchange rate across Egypt’s banks on Tuesday
The US dollar exchange rate against Egypt pound witnessed a state of stability at the beginning of trading on Tuesday…
Bourse indexes down at close of Sunday’s trading session
November 19, 2024
Bourse indexes down at close of Sunday’s trading session
CAIRO, Nov 17 (MENA) – Egyptian Exchange (EGX) indexes went down at the close of trading on Sunday. The capital…
US dollar exchange rate against Egyptian pound at Egypt’s major banks on Sunday
November 17, 2024
US dollar exchange rate against Egyptian pound at Egypt’s major banks on Sunday
The US dollar exchange rate against the Egyptian pound remained stable at the beginning of trading on Sunday. The greenback…
Nasr Company for Automobiles restarts production after a 15-year hiatus
November 17, 2024
Nasr Company for Automobiles restarts production after a 15-year hiatus
Prime Minister Mostafa Madbouly witnessed the inauguration of the bus manufacturing plant at the Nasr Company for Automobiles, affiliated with…
Egypt sets annual cap for government debt after doubling in recent years
November 15, 2024
Egypt sets annual cap for government debt after doubling in recent years
The Egyptian Cabinet on its weekly meeting on Thursday approved the activation of the Unified Public Finance Law to set…
Egypt’s Prime Minister denies rumors on increasing loan from IMF
November 15, 2024
Egypt’s Prime Minister denies rumors on increasing loan from IMF
Egyptian Prime Minister Mostafa Madbouly on Thursday denied claims that the government had asked the International Monetary Fund (IMF) to…