Business
Ten years in prison, fine in millions for US dollar manipulators, CBE
December 27, 2022
Ten years in prison, fine in millions for US dollar manipulators, CBE
The Central Bank of Egypt has revealed a prison sentence of no less than three years and no more…
CBE restricts misuse of credit and debit cards abroad
December 23, 2022
CBE restricts misuse of credit and debit cards abroad
The Central Bank of Egypt has instructed banks operating in Egypt to restrict the use of debit and credit cards…
CBE explains reasons for rising interest rates
December 23, 2022
CBE explains reasons for rising interest rates
The Central Bank of Egypt (CBE) said that raising the interest rate that went up by three percent came after…
US dollar price stabilizes on Wednesday in Egypt ahead CBE meeting
December 21, 2022
US dollar price stabilizes on Wednesday in Egypt ahead CBE meeting
On Wednesday, December 21, the price of the US dollar stabilized against the Egyptian pound. This happened in most banks…
US dollar price in Egypt on Tuesday morning
December 20, 2022
US dollar price in Egypt on Tuesday morning
Search for the price of the US dollar against the Egyptian pound increased on Google search engine, especially after the…
Egyptian expert predicts ease to US dollar shortage in the next year
December 17, 2022
Egyptian expert predicts ease to US dollar shortage in the next year
Economic expert Hany Geneina shot down recent news that the Egyptian pound is going the same fate of the Sudanese…
US dollar price rises in Egypt on Friday
December 16, 2022
US dollar price rises in Egypt on Friday
On Friday, December 16, the price of the US dollar rose against the Egyptian pound, in most banks operating in…
New ’Narges’ gas field discovered in Egypt’s Mediterranean waters
December 15, 2022
New ’Narges’ gas field discovered in Egypt’s Mediterranean waters
Egyptian Petroleum Minister, Tariq al-Mulla, announced that Egypt has discovered a new gas field in the Mediterranean Sea, which is…
Price hike crisis to be addressed in two weeks from now: PM
December 15, 2022
Price hike crisis to be addressed in two weeks from now: PM
The government has set a plan to address the problem of price hikes. These plans are set to gonin motion…
After raising interest rate by 50 bps, what will be the impact of the US Fed Reserve’s decision on Egypt?
December 15, 2022
After raising interest rate by 50 bps, what will be the impact of the US Fed Reserve’s decision on Egypt?
The Federal Reserve abandoned an unprecedented series of decisions to raise interest rates by 75 basis points. This happened over…