Economy
“NBE” and “Bank Misr”: New certificates at high interest rates just rumors
July 10, 2017
“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
July 10, 2017
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
July 9, 2017
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
July 9, 2017
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
July 6, 2017
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
July 5, 2017
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
July 4, 2017
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
July 4, 2017
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…
Poultry prices see LE8 decline
July 4, 2017
Poultry prices see LE8 decline
Local poultry stocks have seen a decline in prices down by LE8.5 per kilogram. The price at retailers is currently…
US dollar at lowest point in Egypt market in four months
July 3, 2017
US dollar at lowest point in Egypt market in four months
For the first time in four months, the exchange rate of the US dollar against the Egyptian pound fell below…