Business

Prices of 18 car brands in Egypt drop by up to 23% since currency floatation

Prices of 18 car brands in Egypt drop by up to 23% since currency floatation

For the first time in two years, prices of 18 car brands in the Egyptian market have dropped by up…
China proposes to build a major textile manufacturing city in Egypt worth $300 mln

China proposes to build a major textile manufacturing city in Egypt worth $300 mln

A Chinese alliance has expressed interest in establishing an integrated textile city in Egypt covering all stages of the industry,…
Banking services in Egypt to be suspended for three hours due to daylight savings time

Banking services in Egypt to be suspended for three hours due to daylight savings time

Banks in Egypt began sending messages to their customers regarding online banking and money transfers starting on Thursday, which marks…
Egypt participates in launching financing platform between 10 international banks

Egypt participates in launching financing platform between 10 international banks

Minister of International Cooperation and Governor of Egypt at the World Bank Group, Rania al-Mashat, participated in the launch of…
Dollar Exchange Rate Stable at Beginning of Sunday’s Transactions

Dollar Exchange Rate Stable at Beginning of Sunday’s Transactions

The dollar exchange rate was stable at the start of Sunday’s transactions at Egypt’s major banks. At the National Bank…
IMF director: We are committed to supporting Egypt

IMF director: We are committed to supporting Egypt

Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said the fund remains committed to supporting Egypt in going…
Egypt seeks US$145 billion in exports in 2030

Egypt seeks US$145 billion in exports in 2030

Cabinet spokesperson Mohamed al-Hommsani on Saturday explained the details behind Prime Minister Mostafa Madbouly’s visit to the Port Said and…
Egypt signs 14 cooperation agreements with China

Egypt signs 14 cooperation agreements with China

The General Authority for Suez Canal Economic Zone (SCZone) has signed 14 agreements with industrial developers from China. The head…
Minister: Egypt moving to develop strong, universal health insurance system despite economic challenges

Minister: Egypt moving to develop strong, universal health insurance system despite economic challenges

Minister of Finance Mohamed Maait said Friday 19/04/2024 that providing health services with no financial burdens is one of the…
Significant rise in US dollar price exchange rate

Significant rise in US dollar price exchange rate

Dollar price rises against the Egyptian pound by up to 85 piasters after Eid al-Fitr holiday The dollar price rose…
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