Abu Dhabi Sovereign Fund holds talks with Egypt for investment
Business
March 22, 2022
Abu Dhabi Sovereign Fund holds talks with Egypt for investment
The US Bloomberg agency revealed that the Abu Dhabi Sovereign Fund held talks with Egypt to invest about US$2 billion…
Prices of nuts, dried fruits rise in Egypt ahead of Ramadan
Business
March 21, 2022
Prices of nuts, dried fruits rise in Egypt ahead of Ramadan
Al-Masry Al-Youm monitored the prices of Ramadan’s Yamish (dried fruits and nuts), which rose affected by the recent wave of…
Meteorologists warn of cold weather starting Tuesday
Egypt
March 21, 2022
Meteorologists warn of cold weather starting Tuesday
The Egyptian Meteorological Authority anticipates starting Tuesday, a decrease in weather temperatures throughout Egypt, with cold weather during the day…
Egypt signs MoU with Abu Dhabi Ports to establish port in Minya
Egypt
March 21, 2022
Egypt signs MoU with Abu Dhabi Ports to establish port in Minya
The Egyptian Transport Ministry signed a memorandum of understanding, on Sunday, with the alliance of the Abu Dhabi Ports…
Egypt authorities seize large quantity of endangered sea cucumbers
Egypt
March 21, 2022
Egypt authorities seize large quantity of endangered sea cucumbers
The Environmental Protection Police in the Red Sea governorate arrested a smuggler in possession of a large quantity of endangered…
US dollar exchange rate up by 15.9 percent against Egyptian pound
Egypt
March 21, 2022
US dollar exchange rate up by 15.9 percent against Egyptian pound
The exchange rate of the US dollar against the Egyptian pound increased for the third time during Monday trading, to…
New package with measures to mitigate economic repercussions in Egypt
Business
March 21, 2022
New package with measures to mitigate economic repercussions in Egypt
Egyptian President Abdel Fattah al-Sisi directed the government on Sunday to immediately prepare a package of financial and social…
Egypt prepares new bill for reconciliation on illegal construction
Egypt
March 21, 2022
Egypt prepares new bill for reconciliation on illegal construction
The cabinet is preparing a new bill for reconciliation on illegal construction to address some of the shortcomings in the…
Central Bank of Egypt announces interest rate increase
Business
March 21, 2022
Central Bank of Egypt announces interest rate increase
The Monetary Policy Committee of the Central Bank of Egypt decided in its extraordinary meeting on Monday to raise…
Official Gazette publishes prices of unsubsidized bread
Egypt
March 21, 2022
Official Gazette publishes prices of unsubsidized bread
On Sunday, the Official Gazette published a cabinet decision setting the selling price of unsubsidized bread. The Cabinet decision stipulated…