Business
Egypt imports 10 million tons of wheat for the first time
March 15, 2022
Egypt imports 10 million tons of wheat for the first time
For the first time in modern history, Egypt is importing between nine and ten million tons of wheat after the…
Gold prices increase in Egypt, 21-karat gold at LE 891
March 15, 2022
Gold prices increase in Egypt, 21-karat gold at LE 891
Gold prices in futures contracts continued to decline on Tuesday while the price of gold rose in spot transactions, after…
CBE sets new US dollar price
March 14, 2022
CBE sets new US dollar price
The Central Bank of Egypt published on Monday the US dollar price compared to the Egyptian pound at LE 15.66…
CBE issues an exceptional decision on rice, beans and lentils
March 14, 2022
CBE issues an exceptional decision on rice, beans and lentils
The Central Bank of Egypt (CBE) decided to extend the grace period for banks to exclude rice, beans and lentils…
Egypt takes strict measures to stop the repercussions of inflation
March 13, 2022
Egypt takes strict measures to stop the repercussions of inflation
Egypt took strict measures to control the repercussions of inflation and price increases impacted by the Russian-Ukrainian war. The government…
Egypt halts exports of oil, grits and corn for 3 months
March 12, 2022
Egypt halts exports of oil, grits and corn for 3 months
The Egyptian Minister of Trade and Industry, Nevine Gamea, issued a decision starting Saturday to halt exports of oil of…
SCZone meets with A.P. Moller-Maersk to talk green fuel
March 12, 2022
SCZone meets with A.P. Moller-Maersk to talk green fuel
The Head of the Suez Canal Economic Zone (SCZone) Yahya Zaki met with a delegation from the A.P. Moller-Maersk Group…
Egypt achieves highest economic growth rate since beginning of the millennium
March 12, 2022
Egypt achieves highest economic growth rate since beginning of the millennium
Finance Minister Mohamed Maait announced Friday that Egypt recorded the highest semi-annual growth rate since the beginning of the millennium…
US dollar exchange rate stable in Egypt banks
March 8, 2022
US dollar exchange rate stable in Egypt banks
The US dollar exchange rate maintained stable prices in Egypt banks against the local currency on Tuesday. Despite increasing…
Feed prices rise as well as beef: official
March 7, 2022
Feed prices rise as well as beef: official
Feed prices rose from 40 percent to 45 percent, and beef prices have increased from 10 percent to 15 percent,…