Business
Social protection package launched to alleviate economic burdens on poor: PM
August 10, 2022
Social protection package launched to alleviate economic burdens on poor: PM
President Abdel Fattah al-Sisi has instructed the launch of a social protection package, with the aim of alleviating the economic…
Egypt’s foreign currency reserves fall to a record level
August 8, 2022
Egypt’s foreign currency reserves fall to a record level
The Central Bank of Egypt revealed that net foreign currency reserves initially reached US$33.14 billion at the end of July…
Suez Canal sets a new record, announces SCA head
August 6, 2022
Suez Canal sets a new record, announces SCA head
The head of the Suez Canal Authority Osama Rabie announced that navigation movement in the canal recorded on Saturday the…
Egyptian exports in 2021 reach highest level in 7 years: Planning Ministry
August 6, 2022
Egyptian exports in 2021 reach highest level in 7 years: Planning Ministry
The Ministry of Planning and Economic Development in Egypt announced that Egyptian exports have recorded their highest level in seven…
Can the crypto plane take off?
August 4, 2022
Can the crypto plane take off?
The world’s top cryptocurrency, Bitcoin, experienced a 15% rally from the beginning of July through to the 24th of the…
Banks across Egypt now offer free accounts for younger customers until August 15
August 2, 2022
Banks across Egypt now offer free accounts for younger customers until August 15
Banks operating in Egypt on Monday are now offering free bank accounts for new customers without any administrative fees or…
Egypt’s agricultural exports rise to $ 2.47 billion in 10 months
July 31, 2022
Egypt’s agricultural exports rise to $ 2.47 billion in 10 months
The Agriculture Export Council said on Sunday that Egypt’s exports of agricultural crops increased the September 2021 to June 2022…
Remittances of Egyptians abroad increase to US$ 29.1 billion in 11 months
July 31, 2022
Remittances of Egyptians abroad increase to US$ 29.1 billion in 11 months
Remittances of Egyptians working abroad from July 2021 to May 2022 reached about US$ 29.1 billion, an increase of 2.1…
IMF expects Egypt to achieve 4th highest growth rate among global economies
July 31, 2022
IMF expects Egypt to achieve 4th highest growth rate among global economies
The Egyptian Cabinet’s Media Center said on Sunday that the International Monetary Fund expects Egypt to achieve the fourth highest…
US dollar price approaches LE19 at Egyptian banks
July 29, 2022
US dollar price approaches LE19 at Egyptian banks
The euro price at the Central Bank of Egypt exceeded LE19, recording on Friday LE19.1145 for purchase, and LE 19.2016…