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Egyptian pound loses 25% of its value against dollar in a week

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

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

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

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

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

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

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

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

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

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…
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