Business
Egyptian pound loses 25% of its value against dollar in a week
January 12, 2023
Egyptian pound loses 25% of its value against dollar in a week
Bloomberg Agency commented on the news of the Egyptian pound’s depreciation against the dollar to about LE30 on Wednesday. The…
CBE: Egypt’s annual headline inflation jumps 24.4% in December 2022
January 11, 2023
CBE: Egypt’s annual headline inflation jumps 24.4% in December 2022
The Central Bank of Egypt (CBE) announced that the annual headline inflation rate jumped 24.4 percent in December 2022, compared…
Egyptian pound tumbles to LE30 against US dollar, breaking all previous records
January 11, 2023
Egyptian pound tumbles to LE30 against US dollar, breaking all previous records
The Egyptian pound witnessed a historic low on Wednesday, hitting LE30 versus the US dollar in the money markets. Egypt…
CIB Egypt offers Certificates of Deposit with distinctive return, following NBE, Banque Misr
January 11, 2023
CIB Egypt offers Certificates of Deposit with distinctive return, following NBE, Banque Misr
Commercial International Bank Egypt announced Tuesday, that it would raise the interest on Certificates of Deposit (CDs) for a year…
US dollar exchange rate in Egypt on Tuesday
January 10, 2023
US dollar exchange rate in Egypt on Tuesday
The price of the US dollar witnessed several consecutive rises in Egypt in the past few days, breaking the barrier of LE27…
EGYPS 2023 set to drive the energy transition conversation and address the reshaping of global markets
January 9, 2023
EGYPS 2023 set to drive the energy transition conversation and address the reshaping of global markets
With the global energy transition underway, the sixth edition of the Egypt Petroleum Show (EGYPS) returns to Cairo from February…
US dollar price in Egypt on Friday
January 6, 2023
US dollar price in Egypt on Friday
The price of the US dollar witnessed several consecutive rises in Egypt in the past few days, breaking the barrier…
Banque Misr, NBE provide services on holiday for savings certificates purchase
January 6, 2023
Banque Misr, NBE provide services on holiday for savings certificates purchase
Banque Misr and the National Bank of Egypt have announced providing service for customers, on Friday January 6. These include…
Update: US dollar price hits LE27 on Thursday
January 5, 2023
Update: US dollar price hits LE27 on Thursday
The price of the US dollar hit LE27 in mid-trading on Thursday, January 5, 2023, after it reached a new…
US dollar price in Egypt on Thursday
January 5, 2023
US dollar price in Egypt on Thursday
On Thursday, January 5, 2023, the price of the US dollar against the Egyptian pound rose in Egypt one bank…