Economy

After fleeing with US$33 million, Noah brothers isolated from Egyptian Capiter company

After fleeing with US$33 million, Noah brothers isolated from Egyptian Capiter company

The Board of Directors of Capiter Holding Company – the Egyptian company specialized in the field of electronic commerce –…
Net foreign reserves record $33.141 bln at end of August

Net foreign reserves record $33.141 bln at end of August

The net foreign reserves recorded US$33.141 billion at the end of August 2022, the Central Bank of Egypt announced. The…
Qatar reportedly buying a stake in Egypt’s largest telecom company

Qatar reportedly buying a stake in Egypt’s largest telecom company

A Bloomberg report revealed that the Qatar Investment Authority is negotiating with the government-owned Telecom Egypt to buy a stake…
Recent finance minister’s decisions to temporarily return goods to market

Recent finance minister’s decisions to temporarily return goods to market

The Egyptian market is thirsty for many products, but the recent measures give an indication and hope that many goods…
Foreign currencies exchange rate against Egyptian pound on Wednesday

Foreign currencies exchange rate against Egyptian pound on Wednesday

Wednesday’s exchange rates for foreign currencies at the Central Bank of Egypt (CBE) are as follows: The US dollar is…
US dollar exchange rate continues to soar against Egyptian pound

US dollar exchange rate continues to soar against Egyptian pound

The US dollar exchange rates witness a slight rise in Egyptian banks on Wednesday: The US dollar against the Egyptian…
US dollar exchange rate increases against Egyptian pound on Tuesday

US dollar exchange rate increases against Egyptian pound on Tuesday

The US dollar exchange rates witness a slight rise in Egyptian banks on Tuesday. Prices The US dollar against the…
Monday’s euro to Egyptian pound exchange rates

Monday’s euro to Egyptian pound exchange rates

The euro exchange rate maintained stable rates in Egyptian banks on Monday. Banque Misr and the National Bank of Egypt LE…
China and US sign deal that could avert mass stock delistings

China and US sign deal that could avert mass stock delistings

Hong Kong – The US audit regulator said on Friday it has signed an agreement with Chinese regulators, taking a…
US dollar, euro exchange rates hike on Thursday

US dollar, euro exchange rates hike on Thursday

The price of the US dollar rose by one piaster on Thursday in the National Bank of Egypt, while the…
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