Egypt allows exchange rate to be determined by market mechanisms: CBE
Business
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…
Temperatures rise across Egypt on Wednesday
Egypt
March 6, 2024
Temperatures rise across Egypt on Wednesday
The Egyptian Meteorological Authority (EMA) predicts that Wednesday will witness warm weather during the day in Greater Cairo, Lower Egypt,…
US State Department says ready to help reach agreement over GERD
Egypt
March 5, 2024
US State Department says ready to help reach agreement over GERD
US State Department spokesperson Matthew Miller confirmed Washington’s readiness for diplomatic engagement to help reach an agreement on the Grand…
Egypt begins immediate release of food commodities and medicines
Egypt
March 5, 2024
Egypt begins immediate release of food commodities and medicines
Egyptian Prime Minister Mostafa Madbouly followed up on the movement of goods and freights in ports and the Advance Cargo…
Moderately hot weather expected across Egypt for Monday
Egypt
March 4, 2024
Moderately hot weather expected across Egypt for Monday
The Egyptian Meteorological Authority (EMA) expects Monday’s weather to be moderately hot during the daytime, growing colder by nightfall and…
Egypt sees significant decline in US dollar exchange rate at the black market
Business
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…
Egypt receives US$ 10 billion from Ras al-Hikma deal
Egypt
March 2, 2024
Egypt receives US$ 10 billion from Ras al-Hikma deal
Egyptian cabinet spokesperson Mohamed al-Hommosany announced that the government on Friday received another five billion dollars from the first installment…
Central Bank of Egypt offers LE60 bln in Treasury bills
Business
March 1, 2024
Central Bank of Egypt offers LE60 bln in Treasury bills
The Central Bank of Egypt (CBE) offered LE60 billion in Treasury bills on Thursday through two tenders. The first tender…
Sharm el-Sheikh wins safest tourist destination award
Life & Style
February 28, 2024
Sharm el-Sheikh wins safest tourist destination award
The Red Sea resort city of Sharm El-Sheikh won the African-Asian Union (AFASU) Golden Award for the Safest Tourist Destination…
Egyptian state to compensate people of Ras al-Hikma: Official
Egypt
February 28, 2024
Egyptian state to compensate people of Ras al-Hikma: Official
Egyptian Cabinet spokesperson Mohamed al-Hommosany assured that the state is fully committed to compensating the people of the Ras al-Hikma…