Business
US dollar exchange rate continues to increase against Egyptian pound
March 22, 2022
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
March 22, 2022
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
March 22, 2022
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
March 21, 2022
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
March 21, 2022
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
March 21, 2022
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
March 21, 2022
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
March 21, 2022
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
March 21, 2022
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
March 17, 2022
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…