Business
US dollar price sees significant rise Thursday
September 15, 2022
US dollar price sees significant rise Thursday
The price of the US dollar, on Thursday, September 15, 2022, recorded a significant rise in the Central Bank of…
Egypt’s cabinet approves issuance of LE2 coin
September 14, 2022
Egypt’s cabinet approves issuance of LE2 coin
The Cabinet, during its weekly meeting on Wednesday initially approved a proposal to conclude a partnership agreement between the Public…
US dollar price stabilizes in Egypt on Wednesday
September 14, 2022
US dollar price stabilizes in Egypt on Wednesday
The US dollar exchange rates stabilized in Egyptian banks on Wednesday, September 14, 2022, against the Egyptian pound. Suez…
CBE warns against cryptocurrency dealings in Egypt
September 13, 2022
CBE warns against cryptocurrency dealings in Egypt
The Central Bank of Egypt (CBE) is following up the phenomenon of cryptocurrency trading through some regional and international platforms,…
Egypt sees US$3.75 billion trade balance deficit during June 2022: CAPMAS
September 13, 2022
Egypt sees US$3.75 billion trade balance deficit during June 2022: CAPMAS
The Central Agency for Public Mobilization and Statistics announced a decrease in the value of the trade balance deficit to…
Capiter has not decided to liquidate its assets or lay off employees: CEO
September 12, 2022
Capiter has not decided to liquidate its assets or lay off employees: CEO
Capiter Holding Company – the Egyptian company specialized in the field of e-commerce – is going through financial difficulties, but…
After fleeing with US$33 million, Noah brothers isolated from Egyptian Capiter company
September 10, 2022
After fleeing with US$33 million, Noah brothers isolated from Egyptian Capiter company
The Board of Directors of Capiter Holding Company – the Egyptian company specialized in the field of electronic commerce –…
Customs dollar hits highest rate in Egypt’s history at LE19.3
September 8, 2022
Customs dollar hits highest rate in Egypt’s history at LE19.3
The Egyptian Ministry of Finance raised to the price of the customs dollar used for import deals in Egypt to…
Net foreign reserves record $33.141 bln at end of August
September 8, 2022
Net foreign reserves record $33.141 bln at end of August
The net foreign reserves recorded US$33.141 billion at the end of August 2022, the Central Bank of Egypt announced. The…
Qatar reportedly buying a stake in Egypt’s largest telecom company
September 6, 2022
Qatar reportedly buying a stake in Egypt’s largest telecom company
A Bloomberg report revealed that the Qatar Investment Authority is negotiating with the government-owned Telecom Egypt to buy a stake…