Egyptian economy
Finance Minister discusses S&P downgrading Egypt’s economic outlook
Business
April 22, 2023
Finance Minister discusses S&P downgrading Egypt’s economic outlook
Egypt will implement a package of financial, monetary and structural measures to deal with the high external financing needs of…
Egypt sees US$3.75 billion trade balance deficit during June 2022: CAPMAS
Business
September 13, 2022
Egypt sees US$3.75 billion trade balance deficit during June 2022: CAPMAS
The Central Agency for Public Mobilization and Statistics announced a decrease in the value of the trade balance deficit to…
Egyptian economy 2nd largest Arab and African economy by 2022: IMF
Economy
December 8, 2021
Egyptian economy 2nd largest Arab and African economy by 2022: IMF
The Cabinet Media Center published an infographic report highlighting expectations from the International Monetary Fund that the Egyptian economy will…
US dollar exchange rate continue to stabilize on Tuesday
Business
September 28, 2021
US dollar exchange rate continue to stabilize on Tuesday
On Tuesday, US dollar prices witnessed remarkable stability as it recorded LE15.64 for purchase and LE15.74 for sale at Banque…
US dollar exchange rate stable on Monday
Business
September 13, 2021
US dollar exchange rate stable on Monday
US dollar exchange rate was stable on Monday in several Egyptian banks. In Banque Misr and National Bank of Egypt,…
Finance Minister says Egypt will enter sovereign sukuk market in 2022
Business
September 6, 2021
Finance Minister says Egypt will enter sovereign sukuk market in 2022
Egyptian Finance Minister Mohamed Maait said that his country will enter the sovereign sukuk market in 2022, explaining that investor…
Egypt among world’s top steel producers in 2020
Egypt
July 15, 2021
Egypt among world’s top steel producers in 2020
The World Steel Association (Worldsteel) published a report stating that Egypt came in 20th place among the world’s top steel…
Egyptian economy exceeds international expectations, report
Business
July 10, 2021
Egyptian economy exceeds international expectations, report
The Egyptian government said on Saturday that economic indicators show that the Egyptian economy has exceeded international expectations, thanks to…
Egyptian MP accuses Mohamed Ramadan of ‘criminal act’ harming Egypt’s economy
Egypt
June 7, 2021
Egyptian MP accuses Mohamed Ramadan of ‘criminal act’ harming Egypt’s economy
An Egyptian Member of the House of Representatives Enas Abdel-Halim accused famous artist and rapper Mohamed Ramadan of committing a…
US Dollar to Egyptian pound exchange rates for Tuesday
Business
March 30, 2021
US Dollar to Egyptian pound exchange rates for Tuesday
The US dollar to Egyptian pound exchange rate on Tuesday recorded a low of LE15.65 for purchase and LE15.75 for…