Business

In a first, Egyptian companies to deliver natural gas to homes in Europe

In a first, Egyptian companies to deliver natural gas to homes in Europe

The Egyptian Petroleum Sector, represented by the Egyptian Natural Gas Distribution Company for Cities (Town Gas), has signed contracts to…
Slight fluctuations in dollar exchange rates in Egypt

Slight fluctuations in dollar exchange rates in Egypt

The US dollar experienced relative stability against the Egyptian pound on Friday, following an increase of approximately 6 piasters in…
If a regional war breaks out, we will be forced to adopt a “war economy”: Egypt’s Prime Minister

If a regional war breaks out, we will be forced to adopt a “war economy”: Egypt’s Prime Minister

Mostafa Madbouly, the Egyptian Prime Minister, revealed on Wednesday, that his country is ready for all scenarios in the event…
Egypt among most important countries helping in growth of African economy

Egypt among most important countries helping in growth of African economy

Egypt is among the most important five African countries that help in the growth of the economy of Africa with…
House of Representatives approves increasing Egypt’s share in the IMF

House of Representatives approves increasing Egypt’s share in the IMF

The House of Representatives approved during a plenary session on Monday increasing Egypt’s share in the International Monetary Fund by…
Egypt eyes $15 billion African export market by 2025

Egypt eyes $15 billion African export market by 2025

Amr al-Samadoni, Secretary-General of the International Transport and Logistics Division, emphasized the need for a specific plan to develop the…
US dollar exchange rate against Egyptian pound at major banks

US dollar exchange rate against Egyptian pound at major banks

The Egyptian pound maintained its stability against the US dollar on Friday, following a decline on Thursday. Below is a…
PM attends opening of 48th session of Council of Arab Central Banks

PM attends opening of 48th session of Council of Arab Central Banks

Prime Minister Moustafa Madbouly attended Monday the opening of the 48th regular session of the Council of Arab Central Banks…
Central Bank of Egypt to meet on October 17 over interest rate

Central Bank of Egypt to meet on October 17 over interest rate

The Central Bank of Egypt’s next decision on the interest rate has been highly awaited since the US Federal Reserve…
Arab investments flood Egypt, offering economic lifeline

Arab investments flood Egypt, offering economic lifeline

The Central Bank of Egypt (CBE) revealed that Egypt had attracted a net inflow of Arab investments totaling $18.55 billion…
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