Economy
US dollar exchange rate down by 2 piasters against Egyptian pound
January 27, 2020
US dollar exchange rate down by 2 piasters against Egyptian pound
The US dollar exchange rate made a new decline against the Egyptian pound on Monday, falling 2 piasters at Banque…
Parliament committee agrees to increase Egypt’s share of IBRD capital stock
January 27, 2020
Parliament committee agrees to increase Egypt’s share of IBRD capital stock
The Egyptian House of Representatives’ Economic Affairs Committee approved on Sunday a presidential decree for increasing Egypt’s authorized share of…
Egypt seeks further financing from EBRD for private sector: Minister
January 25, 2020
Egypt seeks further financing from EBRD for private sector: Minister
Minister of International Cooperation Rania al-Mashat on Saturday met with Suma Chakrabarti, the President of the European Bank for Reconstruction…
Egypt among top 10 emerging economies: Minister
January 22, 2020
Egypt among top 10 emerging economies: Minister
Egypt’s Minister of Planning and Economic Development Hala al-Saeed said on Tuesday that Egypt is among the top ten emerging…
SCZone, EBRD heads discuss investments in Suez Canal economic zone
January 22, 2020
SCZone, EBRD heads discuss investments in Suez Canal economic zone
President of the General Authority for the Suez Canal Economic Zone (SCZone) Yahya Zaki met with the President of the…
Egypt, UK announce LE492 million economic partnership
January 21, 2020
Egypt, UK announce LE492 million economic partnership
Egypt and the United Kingdom announced the establishment of an economic partnership to implement Egypt’s “Vision 2030” initiative. Egypt and…
Oil rises as Libyan oilfields shut down
January 20, 2020
Oil rises as Libyan oilfields shut down
LONDON/TOKYO (Reuters) – Oil prices rose to their highest in more than week on Monday after two large crude production…
Egypt’s economic reform proves successful: Egypt’s PM
January 18, 2020
Egypt’s economic reform proves successful: Egypt’s PM
Egyptian Prime Minister Mostafa Madbouly on Friday met with a high-level delegation from the World Bank, in the presence of…
US dollar loses 14 piasters against Egyptian pound within 5 days: CBE
January 14, 2020
US dollar loses 14 piasters against Egyptian pound within 5 days: CBE
The US dollar exchange rate continued its decline against the Egyptian pound on Monday, to reach LE15.86 for purchase and…
Chinese companies provide over 30,000 job opportunities in Egypt: Diplomat
January 12, 2020
Chinese companies provide over 30,000 job opportunities in Egypt: Diplomat
The Chinese Consul General in Alexandria Zhao Liying on Thursday said that the volume of Chinese investments in Egypt increased…