Economy
EBRD grants US$100 mn to support Egypt’s private sector: Minister
June 7, 2020
EBRD grants US$100 mn to support Egypt’s private sector: Minister
The European Bank for Reconstruction and Development (EBRD) has agreed to provide US$100 million in funding to the National Bank…
Egypt reaches agreement with IMF to receive US$5.2 billion
June 6, 2020
Egypt reaches agreement with IMF to receive US$5.2 billion
Egypt has reached a staff-level agreement with the International Monetary Fund (IMF) for a 12 month US$5.2 billion Stand-By Arrangement…
European Central Bank nearly doubles pandemic support scheme
June 4, 2020
European Central Bank nearly doubles pandemic support scheme
FRANKFURT, Germany (AP) — The European Central Bank has boosted its pandemic emergency support program by an unexpectedly large 600…
US dollar exchange rates continue increasing against Egyptian pound
June 4, 2020
US dollar exchange rates continue increasing against Egyptian pound
US dollar to Egyptian pound exchange rates increased in favor of the dollar on Thursday, continuing a rise that began…
US dollar exchange rates in Egypt continue to rise
June 2, 2020
US dollar exchange rates in Egypt continue to rise
US dollar–Egyptian pound exchange rates in banks across Egypt increased in favor of the dollar on Tuesday. The exchange rate…
Samsung raises investments in Egyptian market to over US$84 million
May 31, 2020
Samsung raises investments in Egyptian market to over US$84 million
Samsung Egypt plans to inject new investments in the Egyptian market over the next five years valued at US$84 million,…
Egypt’s Gold prices up by LE4 per gram, 21-karat at LE764
May 30, 2020
Egypt’s Gold prices up by LE4 per gram, 21-karat at LE764
Gold prices in the Egyptian market rose by about four LE on Saturday compared to Friday’s prices. The price of…
Egypt’s Gold prices fall by LE6 per gram, 21-karat gold at LE756
May 27, 2020
Egypt’s Gold prices fall by LE6 per gram, 21-karat gold at LE756
The price of gold in the Egyptian market dropped on Wednesday by about LE six per gram compared to Tuesday’s…
Egypt’s non-oil imports decrease 24% from January to April
May 27, 2020
Egypt’s non-oil imports decrease 24% from January to April
Egypt’s non-oil imports decreased by 24 percent during January – April 2020, with their value falling to US$18.8 billion, compared…
Female life expectancy in Egypt increases to 75.5 years
May 27, 2020
Female life expectancy in Egypt increases to 75.5 years
Female life expectancy in Egypt increased to 75.5 years in 2019, compared to 74.7 years in 2018, according to a…