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US dollar exchange rate continues to increase against Egyptian pound

US dollar exchange rate continues to increase against Egyptian pound

The exchange rate of the US dollar against the Egyptian pound continued to increase on Tuesday’s morning trading, reaching LE18.53.…
India is in talks to export wheat to Egypt

India is in talks to export wheat to Egypt

The Bloomberg Agency revealed that India is in final talks to start exporting wheat to Egypt, the world’s largest importer,…
Abu Dhabi Sovereign Fund holds talks with Egypt for investment

Abu Dhabi Sovereign Fund holds talks with Egypt for investment

The US Bloomberg agency revealed that the Abu Dhabi Sovereign Fund held talks with Egypt to invest about US$2 billion…
Egypt allocates LE130 billion to handle repercussions of economic challenges

Egypt allocates LE130 billion to handle repercussions of economic challenges

Egyptian Finance Minister Mohamed Maait announced Monday that a package of financial and social protection measures worth LE130 billion have…
Prices of nuts, dried fruits rise in Egypt ahead of Ramadan

Prices of nuts, dried fruits rise in Egypt ahead of Ramadan

Al-Masry Al-Youm monitored the prices of Ramadan’s Yamish (dried fruits and nuts), which rose affected by the recent wave of…
Confusion dominates Egyptian gold market after US dollar price rise

Confusion dominates Egyptian gold market after US dollar price rise

Confusion swept the Egyptian gold market on Monday, after the Central Bank announced a new rise in the price of…
Petroleum Ministry bid attracts 3 international oil companies to Red Sea

Petroleum Ministry bid attracts 3 international oil companies to Red Sea

The Ministry of Petroleum and Mineral Resources announced that the first global bid for oil and gas exploration in the…
New package with measures to mitigate economic repercussions in Egypt

New package with measures to mitigate economic repercussions in Egypt

  Egyptian President Abdel Fattah al-Sisi directed the government on Sunday to immediately prepare a package of financial and social…
Central Bank of Egypt announces interest rate increase

Central Bank of Egypt announces interest rate increase

  The Monetary Policy Committee of the Central Bank of Egypt decided in its extraordinary meeting on Monday to raise…
Egypt in talks with IMF about new loan: Bloomberg

Egypt in talks with IMF about new loan: Bloomberg

Bloomberg reported in urgent news, Thursday, that Egypt is in talks with the International Monetary Fund about possible support that…
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