Economy

India is in talks to export wheat to Egypt

India is in talks to export wheat to Egypt

The Bloomberg Agency revealed that India is in final talks to start exporting wheat to Egypt, the world’s largest importer,…
Egypt allocates LE130 billion to handle repercussions of economic challenges

Egypt allocates LE130 billion to handle repercussions of economic challenges

Egyptian Finance Minister Mohamed Maait announced Monday that a package of financial and social protection measures worth LE130 billion have…
New package with measures to mitigate economic repercussions in Egypt

New package with measures to mitigate economic repercussions in Egypt

  Egyptian President Abdel Fattah al-Sisi directed the government on Sunday to immediately prepare a package of financial and social…
Central Bank of Egypt announces interest rate increase

Central Bank of Egypt announces interest rate increase

  The Monetary Policy Committee of the Central Bank of Egypt decided in its extraordinary meeting on Monday to raise…
Gold prices increase in Egypt, 21-karat gold at LE 891

Gold prices increase in Egypt, 21-karat gold at LE 891

Gold prices in futures contracts continued to decline on Tuesday while the price of gold rose in spot transactions, after…
CBE issues an exceptional decision on rice, beans and lentils

CBE issues an exceptional decision on rice, beans and lentils

The Central Bank of Egypt (CBE) decided to extend the grace period for banks to exclude rice, beans and lentils…
Egypt takes strict measures to stop the repercussions of inflation

Egypt takes strict measures to stop the repercussions of inflation

Egypt took strict measures to control the repercussions of inflation and price increases impacted by the Russian-Ukrainian war. The government…
Egypt halts exports of oil, grits and corn for 3 months

Egypt halts exports of oil, grits and corn for 3 months

The Egyptian Minister of Trade and Industry, Nevine Gamea, issued a decision starting Saturday to halt exports of oil of…
SCZone meets with A.P. Moller-Maersk to talk green fuel

SCZone meets with A.P. Moller-Maersk to talk green fuel

The Head of the Suez Canal Economic Zone (SCZone) Yahya Zaki met with a delegation from the A.P. Moller-Maersk Group…
Egypt achieves highest economic growth rate since beginning of the millennium

Egypt achieves highest economic growth rate since beginning of the millennium

Finance Minister Mohamed Maait announced Friday that Egypt recorded the highest semi-annual growth rate since the beginning of the millennium…
Back to top button