Business
Egypt to receive $271 mln loan from African Development Bank
January 16, 2023
Egypt to receive $271 mln loan from African Development Bank
During a plenary session on Monday, the House of Representatives approved the Agriculture and Irrigation Committee’s report, issuing Resolution 613…
US dollar price declines in 13 banks on Monday
January 16, 2023
US dollar price declines in 13 banks on Monday
The price of the US dollar decreased in 13 banks in Egypt on Monday, January 16. These ncluded the National…
Egyptian exports up by 23.3% in 10 months, CAPMAS
January 14, 2023
Egyptian exports up by 23.3% in 10 months, CAPMAS
Data from the Central Agency for Public Mobilization and Statistics revealed an increase in the value of Egyptian exports to…
US dollar exchange rate in Egypt on Friday
January 13, 2023
US dollar exchange rate in Egypt on Friday
The price of the US dollar stabilized against the Egyptian pound, on Friday, in Egypt, coinciding with the start of…
Savings certificates with 25% return deadline expected in two or three weeks
January 13, 2023
Savings certificates with 25% return deadline expected in two or three weeks
Banque Misr and the National Bank of Egypt are expected to continue to offer term deposit savings certificates with a…
US dollar price rises on Thursday
January 12, 2023
US dollar price rises on Thursday
The price of the US dollar jumped on Thursday in a number of banks operating in Egypt, in mid-trading, after…
Will the Central Bank of Egypt interfere to control soaring prices?
January 12, 2023
Will the Central Bank of Egypt interfere to control soaring prices?
The price of the Egyptian pound continued to decline against the US dollar at the beginning of trading, on Thursday,…
Egyptian pound loses 25% of its value against dollar in a week
January 12, 2023
Egyptian pound loses 25% of its value against dollar in a week
Bloomberg Agency commented on the news of the Egyptian pound’s depreciation against the dollar to about LE30 on Wednesday. The…
CBE: Egypt’s annual headline inflation jumps 24.4% in December 2022
January 11, 2023
CBE: Egypt’s annual headline inflation jumps 24.4% in December 2022
The Central Bank of Egypt (CBE) announced that the annual headline inflation rate jumped 24.4 percent in December 2022, compared…
Egyptian pound tumbles to LE30 against US dollar, breaking all previous records
January 11, 2023
Egyptian pound tumbles to LE30 against US dollar, breaking all previous records
The Egyptian pound witnessed a historic low on Wednesday, hitting LE30 versus the US dollar in the money markets. Egypt…