Business

Egypt imports 10 million tons of wheat for the first time

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

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

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

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

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

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

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

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

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

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,…
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