Economy
Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook
March 10, 2021
Fitch Ratings affirms Egypt’s ‘B+’ with stable outlook
American credit rating agency Fitch Ratings affirmed on Wednesday Egypt’s Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘B+’, with…
EgyptAir’s flight to Morocco halted, losses amount to LE500 million per month
March 7, 2021
EgyptAir’s flight to Morocco halted, losses amount to LE500 million per month
EgyptAir’s daily flight to Casablanca, Morocco, has stopped operating after Moroccan authorities extended the state of emergency in the country…
Gold prices at lowest point, Egyptians encouraged to buy this week
March 7, 2021
Gold prices at lowest point, Egyptians encouraged to buy this week
The Secretary of the Gold Division at the Federation of Egyptian Chambers of Commerce Nady Naguib announced Saturday that gold…
World Bank approves US$440 million development fund to develop Egypt’s railways
March 6, 2021
World Bank approves US$440 million development fund to develop Egypt’s railways
Egypt’s Minister of International Cooperation Rania al-Mashat announced Saturday that the World Bank’s Board of Executive Directors on Friday approved…
Video: Egypt renovating Arish Port in North Sinai to reach international standards
March 6, 2021
Video: Egypt renovating Arish Port in North Sinai to reach international standards
The Suez Canal Economic Zone (SCZone) announced that it is developing the Arish Port in North Sinai to match up…
US Dollar to Egyptian Pound exchange rate increases
March 2, 2021
US Dollar to Egyptian Pound exchange rate increases
The US dollar to Egyptian pound exchange rate on Monday rose by one piaster, recording LE15.66 for purchase and LE15.76…
Egypt’s agricultural exports increase by five percent during January and February
February 28, 2021
Egypt’s agricultural exports increase by five percent during January and February
The Minister of Agriculture and Land Reclamation al-Sayed al-Quseir, announced Sunday, that the volume of Egyptian agricultural exports has increased…
US Dollar to Egyptian pound exchange rate increases for Wednesday
February 24, 2021
US Dollar to Egyptian pound exchange rate increases for Wednesday
The US dollar to Egyptian pound exchange rate increased on Wednesday recording LE15.61 for purchase and LE15.71 for sale as…
US dollar to Egyptian pound exchange rate witnesses stable prices
February 22, 2021
US dollar to Egyptian pound exchange rate witnesses stable prices
The US dollar to Egyptian pound exchange rate on Monday witnessed stable prices, recording LE15.59 for purchase and LE15.69 for…
Gold prices rise by 0.57% in Egyptian and global markets
February 10, 2021
Gold prices rise by 0.57% in Egyptian and global markets
Gold prices rose today by 0.57 percent in Egypt and international markets, rising by one LE in Egypt and one…