Business
Inflation in Egypt rises to its highest rate ever
July 10, 2023
Inflation in Egypt rises to its highest rate ever
The annual consumer price inflation in Egyptian cities rose from 32.7 percent in May to 35.7 percent in June, its…
Egypt, UN cooperate in green and smart projects initiative
July 9, 2023
Egypt, UN cooperate in green and smart projects initiative
The coordinator of the National Initiative for Green and Smart Projects in Egypt Hesham Badr met with the UN Women’s…
Foreign exchange reserves increase to US$34.806 billion: Central Bank of Egypt
July 8, 2023
Foreign exchange reserves increase to US$34.806 billion: Central Bank of Egypt
The balance of foreign exchange reserves increased to US$ 34.806 billion by the end of June, compared to US$ 34.660…
US dollar price stable in Egypt on Friday
July 7, 2023
US dollar price stable in Egypt on Friday
The price of the US dollar in Egypt stabilized on Friday against the Egyptian pound coinciding with the weekend. …
Egypt sees decrease in exports/imports and increase in trade balance deficit
July 5, 2023
Egypt sees decrease in exports/imports and increase in trade balance deficit
The foreign trade data bulletin for April, issued by the Central Agency for Public Mobilization and Statistics, showed an increase…
US dollar price stable in Egypt Wednesday
July 5, 2023
US dollar price stable in Egypt Wednesday
The price of the US dollar stabilized at the beginning of bank transactions, on Wednesday, July 5, against the Egyptian…
Is Egypt devaluing its currency anytime soon?
July 4, 2023
Is Egypt devaluing its currency anytime soon?
Speculations have gone viral about the possibility of Egypt devaluing its own currency, despite Egyptian President Abdel Fattah al-Sisi asserting…
Israel to build third line to supply Egypt with gas from Leviathan field
July 3, 2023
Israel to build third line to supply Egypt with gas from Leviathan field
Partners in Israel’s Leviathan offshore gas project announced Sunday that they have agreed to invest US$568 million to build a…
US dollar price in Egypt remains stable on Saturday
July 1, 2023
US dollar price in Egypt remains stable on Saturday
The price of the US dollar maintained its stability against the Egyptian pound, on Saturday, July 1, the fourth day…
Expat investor plans to establish Egypt’s first international medical city
June 30, 2023
Expat investor plans to establish Egypt’s first international medical city
The Viceroy for Cheshire County, UK, and the Chairman of the Board of Directors of the St. George Healthcare Group,…