Business
Egypt starts talks on new IMF loan during spring meetings
April 18, 2022
Egypt starts talks on new IMF loan during spring meetings
The annual spring meetings of the International Monetary Fund and the World Bank will kick off in Washington, DC with…
Egypt discusses with World Bank preparations to participate in Washington meetings
April 16, 2022
Egypt discusses with World Bank preparations to participate in Washington meetings
Egypt’s Minister of International Cooperation and the Governor of Egypt at the World Bank Group, Rania al-Mashat, met with Marina…
EU to provide 100 million euros to help meet Egypt’s wheat needs: Ambassador
April 16, 2022
EU to provide 100 million euros to help meet Egypt’s wheat needs: Ambassador
The EU Ambassador to Cairo, Christian Berger, announced that the EU has established a fund worth 225 million euros, from…
Eni discovers new petroleum well in western desert
April 15, 2022
Eni discovers new petroleum well in western desert
The Italian company, Eni, announced the discovery of a new petroleum well in the concessions of the Mleiha, western desert.…
Tax Authority announces details of tax on gold, silver and gemstones
April 12, 2022
Tax Authority announces details of tax on gold, silver and gemstones
The head of the Egyptian Tax Authority Reda Abdel-Qader and president of the Federation of the Egyptian Chambers of…
Government considers obligating Egyptian shipping agencies to use local currency
April 11, 2022
Government considers obligating Egyptian shipping agencies to use local currency
The Egyptian government is considering obligating local shipping agencies operating in Egyptian ports to accept the payment of local container…
US dollar exchange rate in Egypt maintains stable prices
April 11, 2022
US dollar exchange rate in Egypt maintains stable prices
The National Bank of Egypt announced the update of currency rates on Monday. The US dollar maintained stable price:s while…
Economic reform has made Egypt more able to absorb global shocks: Finance Minister
April 9, 2022
Economic reform has made Egypt more able to absorb global shocks: Finance Minister
Egyptian Finance Minister Mohamed Maait credited Egypt’s resilience in the face of global and local economic shocks to the economic…
US dollar price rises on Thursday
April 7, 2022
US dollar price rises on Thursday
The price of the US dollar rose, on Thursday, April 7, 2022, at the beginning of trading after witnessing a…
US dollar exchange rate increases slightly on Wednesday
April 6, 2022
US dollar exchange rate increases slightly on Wednesday
Most of the foreign exchange rates announced on Wednesday morning by the National Bank of Egypt decreased, while the…