Business
Proceeds of high-return savings certificates reach LE105 bln in 3 days
March 25, 2022
Proceeds of high-return savings certificates reach LE105 bln in 3 days
The National Bank of Egypt and Banque Misr announced that the proceeds of high-return savings certificates of 18 percent reached…
Foreign exchange rates continue to decline in Egypt for 2nd day
March 24, 2022
Foreign exchange rates continue to decline in Egypt for 2nd day
For the second day in a row, the price of all foreign currency exchange rates continued to decline since the…
Egypt issues 60 billion Japanese yen in samurai bonds
March 24, 2022
Egypt issues 60 billion Japanese yen in samurai bonds
Egypt issued Japanese samurai bonds in the Japanese market, at 60 billion Japanese yen, equivalent to US$500,000 billion, the Ministry…
CBE launches national system for instant payments, InstaPay app
March 24, 2022
CBE launches national system for instant payments, InstaPay app
The Central Bank of Egypt announced the official launch of the national system for the instant payments network and the…
Egypt officially requests IMF support with new economic reform program
March 24, 2022
Egypt officially requests IMF support with new economic reform program
In light of the current economic developments, Egypt has submitted a request to the International Monetary Fund (IMF) to start…
Russia to continue to send wheat shipments to Egypt, joint projects: ambassador
March 23, 2022
Russia to continue to send wheat shipments to Egypt, joint projects: ambassador
Russia will continue to send wheat shipments to Egypt and will complete the Dabaa nuclear project and the Russian industrial…
US dollar exchange rate maintains stable prices after two days of hikes
March 23, 2022
US dollar exchange rate maintains stable prices after two days of hikes
The US dollar exchange rate maintained stable prices on Wednesday after two days of hikes since the Central Bank of…
Egypt signs agreement with WHO on comprehensive health insurance system
March 23, 2022
Egypt signs agreement with WHO on comprehensive health insurance system
Egypt signed a new agreement with the World Health Organization (WHO) so that the latter would contribute to establishing a…
Gold prices in Egypt continue to rise on Tuesday
March 22, 2022
Gold prices in Egypt continue to rise on Tuesday
Gold prices rose on Tuesday, March 22, 2022, by LE 75, and continued to rise with each new rise in…
Egypt studies restructuring state budget due to global economic crisis
March 22, 2022
Egypt studies restructuring state budget due to global economic crisis
The Minister of Finance has been instructed to work on restructuring the state’s general budget for the next fiscal year…