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Egypt awaits up to US$6 billion from the European Union
March 12, 2024
Egypt awaits up to US$6 billion from the European Union
Egypt expects to receive about five to six billion dollars (LE246 to LE296 billion) in funding from the European Union…
Inflation in Egypt increases to 36% during February: CAPMAS
March 11, 2024
Inflation in Egypt increases to 36% during February: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that annual inflation recorded 36 percent in February compared to…
Egyptian banks adjust withdrawals and purchases limits for cards abroad
March 10, 2024
Egyptian banks adjust withdrawals and purchases limits for cards abroad
Banks operating in the Egyptian market have begun raising credit card withdrawal limits following orders from the Central Bank of…
‘Is this the best time to dig a new Suez Canal?’ – MP questions Egyptian Government
March 7, 2024
‘Is this the best time to dig a new Suez Canal?’ – MP questions Egyptian Government
Egyptian Parliament member and Vice-President of the Social Democratic Party, Freddy al-Bayyadi, raised an issue to the Prime Minister regarding…
Egypt allows exchange rate to be determined by market mechanisms: CBE
March 6, 2024
Egypt allows exchange rate to be determined by market mechanisms: CBE
The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided on Wednesday to allow the exchange rate to…
Egypt plans to increase US dollar proceeds: Official
March 5, 2024
Egypt plans to increase US dollar proceeds: Official
Egyptian cabinet spokesperson Mohamed al-Hommosany announced that the government has a plan to increase US dollar proceeds by raising investments…
Egypt sees significant decline in US dollar exchange rate at the black market
March 3, 2024
Egypt sees significant decline in US dollar exchange rate at the black market
The US dollar exchange rate in the black market witnessed a new decline by about LE20 on Saturday, falling to…
China to plan huge project in Egypt on the Mediterranean Sea
March 2, 2024
China to plan huge project in Egypt on the Mediterranean Sea
Egyptian media reports revealed on Thursday that Minister of Trade and Industry Ahmed Samir reportedly discussed the establishment of a…
What are the advantages of putting the Cairo Airport up for international auction?
March 1, 2024
What are the advantages of putting the Cairo Airport up for international auction?
Statements by the Egyptian Minister of Civil Aviation regarding the announcement of a global tender regarding the management and operation…
Car prices across Egypt see noticeable decline
February 29, 2024
Car prices across Egypt see noticeable decline
Car prices in Egypt have seen a noticeable decline over the past few days. A member of the Automotive Division…