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New flotation of Egyptian pound not possible: MP

New flotation of Egyptian pound not possible: MP

The Egyptian pound has already been floated, a measure that will continue for four years, said the Chairman of the…
US dollar price rises in Egypt Tuesday

US dollar price rises in Egypt Tuesday

The price of the US dollar rose at the beginning of trading on Tuesday by about a piaster, in most…
Gold price in Egypt continues to rise Tuesday, reaches highest level yet

Gold price in Egypt continues to rise Tuesday, reaches highest level yet

On Tuesday morning gold prices in Egypt reached its highest historical level, rising to LE1,630 per gram for 21-karat gold.…
Egypt sees a return of the 18% interest rates on longterm Bank deposits

Egypt sees a return of the 18% interest rates on longterm Bank deposits

Many curious citizens have wondered about banks and the services they provide to customers: most importantly is the deposit savings…
Gold prices to continue rising during coming period: official

Gold prices to continue rising during coming period: official

The head of the General Division for Gold and Jewelry at the Federation of Egyptian Chambers of Commerce Hani Milad…
CBE to receive billion dollars from RSF in January

CBE to receive billion dollars from RSF in January

Informed sources said that the loan decided by the Resilience and Sustainability Facility (RSF), of the International Monetary Fund recently…
Philippines approves import of Egyptian citrus fruits

Philippines approves import of Egyptian citrus fruits

Minister of Agriculture and Land Reclamation, el-Sayed el-Qasir, announced the opening of the Philippine markets to Egyptian agricultural exports based…
Gold price hits highest rate in history in Egypt again

Gold price hits highest rate in history in Egypt again

On Thursday, December1, 2022, morning, the price of gold in Egypt reached its highest historical level, rising by LE10 to…
AMEA Power signs agreements for renewable energy stations worth billions

AMEA Power signs agreements for renewable energy stations worth billions

Prime Minister Mostafa Madbouly attended the signing ceremony of the financial closure agreements between the Emirati AMEA Power company.  …
Saudi Arabia extends term of US$ 5 billion deposit for CBE

Saudi Arabia extends term of US$ 5 billion deposit for CBE

Saudi Arabia extended the term of a US$ 5 billion deposit with the Central Bank of Egypt, the Saudi Press…
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