Agreement with World Bank underway for US$150 mn fund: trade minister
Business
March 1, 2017
Agreement with World Bank underway for US$150 mn fund: trade minister
An agreement with the World Bank for a new funding program is underway, targeting the development of infrastructure and labor-intensive…
Ramadan to start on May 27: research institute
Egypt
February 23, 2017
Ramadan to start on May 27: research institute
The holy month of Ramadan for the hijri year 1438 will come on May 27, according to Hatem Ouda, the…
US$20 billion investments in Egypt within 10 years: Chinese bank
Business
February 22, 2017
US$20 billion investments in Egypt within 10 years: Chinese bank
Minister of International Cooperation Sahar Nasr met on Wednesday with a delegation from the Industrial and Commercial Bank of China…
US dollar declines again in Egypt’s banks
Business
February 22, 2017
US dollar declines again in Egypt’s banks
US dollar exchange rate declined against Egyptian pound on Wednesday after fluctuating between increases at some banks and decreases as…
FM heads to Tunisia for Libyan crisis meeting
Egypt
February 19, 2017
FM heads to Tunisia for Libyan crisis meeting
Foreign Minister Sameh Shoukry headed to Tunis on Sunday to take part in a foreign ministers meeting on the Libyan crisis.The ministers…
US dollar hits lowest against Egyptian pound in almost a month
Business
February 16, 2017
US dollar hits lowest against Egyptian pound in almost a month
The US dollar exchange rate continued to decline on Thursday to stand at LE16.45 for purchasing and LE16.5 for selling…
Sisi, Bashir discuss coordination with Ethiopia over Renaissance Dam
Egypt
January 31, 2017
Sisi, Bashir discuss coordination with Ethiopia over Renaissance Dam
Egypt president Abdel Fattah al-Sisi met his Sudanese counterpart Omar al-Bashir at the headquarters of the African Union in Addis…
Cold, rainy weather expected in Cairo on Monday
Egypt
January 29, 2017
Cold, rainy weather expected in Cairo on Monday
Meteorologists expect cold weather to prevail on Monday across most of the country including northern Upper Egypt, with mild temperatures…
US dollar exchange rate sees slight increase at banks
Business
January 26, 2017
US dollar exchange rate sees slight increase at banks
The US dollar exchange rate appreciated gradually during transactions on Thursday at five banks: the National Bank of Egypt (NBE), Banque…
Germany removes restrictions on tourist flights to South Sinai
Egypt
January 24, 2017
Germany removes restrictions on tourist flights to South Sinai
Germany has removed the last restriction on the flow of tourist flights to and from Sharm el-Shaikh and South Sinai…