Business
Egypt’s agricultural exports nears 4 million tons since beginning of year
July 10, 2022
Egypt’s agricultural exports nears 4 million tons since beginning of year
The Ministry of Agriculture and Land Reclamation said that the total agricultural exports during the period from the first of…
Economists praise launch of polymer currency in Egypt
July 6, 2022
Economists praise launch of polymer currency in Egypt
Two expert economists praised the Central Bank of Egypt (CBE)’s step of issuing polymer currency of the LE10 denomination as…
Photos: Egypt releases first Polymer banknotes
July 5, 2022
Photos: Egypt releases first Polymer banknotes
The Central Bank of Egypt has introduced the ten-pound denomination of plastic (polymer) notes, produced using the latest banknote production…
US dollar rises by 148 piasters in about a month against Egyptian pound
July 3, 2022
US dollar rises by 148 piasters in about a month against Egyptian pound
The price of the US dollar in Egypt witnessed an increase since June 5 until Sunday. According to the prices…
Abu Dhabi Ports acquires 70% of two Egyptian companies at $140 mln
July 1, 2022
Abu Dhabi Ports acquires 70% of two Egyptian companies at $140 mln
Abu Dhabi Ports Group announced that it reached an agreement to acquire 70 percent of the shares of the International…
Saudi Arabia is largest investor in Egypt: Analyst
June 29, 2022
Saudi Arabia is largest investor in Egypt: Analyst
Saudi Arabia is the largest investor in Egypt, and Cairo is considered the largest Arab partner to the kingdom according…
Russian ruble rises against the US dollar, hitting highest level since 2015
June 22, 2022
Russian ruble rises against the US dollar, hitting highest level since 2015
The Russian ruble rose against the US dollar, hitting its highest level since July 2015. This could raise the Russian…
US dollar exchange rate continues to rise in Egypt
June 22, 2022
US dollar exchange rate continues to rise in Egypt
The price of the US dollar in Egypt is still of interest to many in Egypt during this period,…
Will the CBE raise interest rate on Thursday?
June 22, 2022
Will the CBE raise interest rate on Thursday?
Whether the Central Bank of Egypt will raise the interest rate in Egypt during ts Thursday meeting is a question…
Egypt hosts the 5th round of trade negotiations with Eurasian Union
June 19, 2022
Egypt hosts the 5th round of trade negotiations with Eurasian Union
The Egyptian Minister of Industry and Trade, Nevine Gamea announced Saturday that Cairo will host the fifth round of negotiations…