Economy

US dollar maintains stable exchange rate in Egypt on Monday 

US dollar maintains stable exchange rate in Egypt on Monday 

 The US dollar exchange rate maintained stable rates in Egyptian banks on Monday. The price of the US dollar against…
Central banks add 270 tons of gold reserves so far in 2022

Central banks add 270 tons of gold reserves so far in 2022

Central banks around the world continue to add gold to their reserves, with 270 tons of gold added since the…
CAPMAS reports 169% increase in UAE investments in Egypt in the first half of 2020/2021

CAPMAS reports 169% increase in UAE investments in Egypt in the first half of 2020/2021

Data from the Central Agency for Public Mobilization and Statistics revealed on Sunday, that the value of Emirati investments in…
Arab countries invest the most in Egypt, UAE comes first

Arab countries invest the most in Egypt, UAE comes first

The Central Bank of Egypt announced that Arab countries are at the forefront of nations investing with Egypt, with net…
Gold prices down LE5 in Egypt on Monday

Gold prices down LE5 in Egypt on Monday

The price of gold in Egypt recorded a new decrease of five LE in mid trading on Monday, August 15.…
LE3.5 mln in tax collected from Eid al-Adha concerts in North Coast

LE3.5 mln in tax collected from Eid al-Adha concerts in North Coast

The amusement tax collected for concerts held in El Alamein and El Dabaa in the North Coast during Eid al-Adha…
Social protection package launched to alleviate economic burdens on poor: PM

Social protection package launched to alleviate economic burdens on poor: PM

President Abdel Fattah al-Sisi has instructed the launch of a social protection package, with the aim of alleviating the economic…
Egypt’s foreign currency reserves fall to a record level

Egypt’s foreign currency reserves fall to a record level

The Central Bank of Egypt revealed that net foreign currency reserves initially reached US$33.14 billion at the end of July…
Suez Canal sets a new record, announces SCA head

Suez Canal sets a new record, announces SCA head

The head of the Suez Canal Authority Osama Rabie announced that navigation movement in the canal recorded on Saturday the…
Can the crypto plane take off?

Can the crypto plane take off?

The world’s top cryptocurrency, Bitcoin, experienced a 15% rally from the beginning of July through to the 24th of the…
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