Business
Fitch Solutions warns of high inflation rates in Egypt
June 27, 2023
Fitch Solutions warns of high inflation rates in Egypt
Inflation remains a major concern for Egyptians and will lead to a sharp rise in borrowing costs, warned Fitch Solutions,…
Foreign currency ratings on Monday at NBE
June 26, 2023
Foreign currency ratings on Monday at NBE
On Monday, the last working day for banks in Egypt before the Eid Al-Adha holiday, the prices of many foreign…
US dollar price stabilizes throughout Egypt on Friday morning
June 23, 2023
US dollar price stabilizes throughout Egypt on Friday morning
The US dollar stabilized against the Egyptian pound on Friday, with the following prices: Central Bank of Egypt LE 30.83…
‘Gazprom’, African Chamber of Energy host meeting in Johannesburg to discuss natural gas benefits for Africa
June 22, 2023
‘Gazprom’, African Chamber of Energy host meeting in Johannesburg to discuss natural gas benefits for Africa
The African Chamber of Energy is set to host an economic meeting in Johannesburg on Thursday alongside Russian energy company…
Will gold prices continue to drop or regain strength after Eid al-Adha?
June 21, 2023
Will gold prices continue to drop or regain strength after Eid al-Adha?
An unknown rise in gold prices came before the last Eid al-Fitr holiday, until Prime Minister Mostafa Madbouly met with…
Egypt officially requests joining BRICS: Russian ambassador
June 16, 2023
Egypt officially requests joining BRICS: Russian ambassador
Egypt has submitted an official request to join the BRICS economic group, the Russian ambassador to Cairo Georgy Borisenko, announced…
Russia, Egypt to conduct transactions in national currencies: Russian official
June 15, 2023
Russia, Egypt to conduct transactions in national currencies: Russian official
Russia and Egypt are set to conduct transactions in national currencies, with Moscow in talks on the matter inAbu Dhabi…
US dollar price in Egypt remains stable on Thursday
June 15, 2023
US dollar price in Egypt remains stable on Thursday
The price of the US dollar continued to stabilize on Thursday in Egyptian government and private banks, including the Central…
Panda bonds may be solution to reduce pressure on US dollar demand in Egypt: Economist
June 13, 2023
Panda bonds may be solution to reduce pressure on US dollar demand in Egypt: Economist
China has the highest economic growth rate and expansion around the world, Egyptian economist Ahmed Khattab, said, with many nations…
Egypt’s annual inflation rises to 32.7% in May
June 11, 2023
Egypt’s annual inflation rises to 32.7% in May
The annual inflation rate in Egypt rose to 32.7 percent in May, from 30.6 percent in April, according to data…