Economy
US dollar maintains stable exchange rate in Egypt on Monday
August 22, 2022
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
August 22, 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
August 21, 2022
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
August 21, 2022
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
August 15, 2022
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
August 10, 2022
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
August 10, 2022
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
August 8, 2022
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
August 6, 2022
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?
August 4, 2022
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…