Economy

Gold prices up by LE7 per gram, 21 carats at LE618

Gold prices up by LE7 per gram, 21 carats at LE618

Gold prices rose in the local market during trading on Wednesday by about LE7, boosted by rising global markets as…
US dollar prices for Monday

US dollar prices for Monday

The US dollar currency price has been relatively stable against the Egyptian pound, with slight differences from one bank to another…
“NBE” and “Bank Misr”: New certificates at high interest rates just rumors

“NBE” and “Bank Misr”: New certificates at high interest rates just rumors

Yahiya Abu Al Fottoh, Deputy Head of National Bank of Egypt (NBE), denied the issuance of certificates at high annual…
Inflation rate rose to 29.8 percent in June: CAPMAS

Inflation rate rose to 29.8 percent in June: CAPMAS

The annual urban inflation rose to 29.8 percent in June from 29.7 percent in May, the Central Agency for Public…
Egypt contacts Saudi Arabia to ease ban on strawberry exports

Egypt contacts Saudi Arabia to ease ban on strawberry exports

The Minister of Agriculture and Land Reclamation, Abdul Moneim al-Banna, said Sunday that discussions are underway with Saudi Arabia on…
CAPMAS: 12.3 % increase in Egyptian exports to US

CAPMAS: 12.3 % increase in Egyptian exports to US

Central Agency for Public Mobilization and Statistics (CAPMAS) has announced the increase in value of Egyptian exports to the US…
US dollar rates continue to decline

US dollar rates continue to decline

The price of the US dollar in Egyptian banks has continued to decline against the Egyptian pound for the fourth…
US dollar exchange rate’s decline continues for third consecutive day

US dollar exchange rate’s decline continues for third consecutive day

The US dollar exchange rate witnessed decline against the Egyptian pound for the third day in row. According to the…
Number of tourists in May up by 32.9 percent: CAPMAS

Number of tourists in May up by 32.9 percent: CAPMAS

The number of tourists that visited Egypt in May increased by 32.9 percent compared to last year, the Central Agency for Public…
12 ways to reduce your car’s fuel consumption

12 ways to reduce your car’s fuel consumption

Fuel prices have recently risen by more than 40 percent for high octane gasoline 92, which may force many to…
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