Business

Central Bank of Egypt shortens time to collect checks in foreign currencies

Central Bank of Egypt shortens time to collect checks in foreign currencies

The Board of Directors of the Central Bank of Egypt (CBE) has approved regulation for banks operating in Egypt to…
Remittances from Egyptian expatriates rise 8.5% in 9 months

Remittances from Egyptian expatriates rise 8.5% in 9 months

Remittances from Egyptian expatriate workers from July to March of fiscal year 2020/2021 rose 8.5 percent, from US$1.8 billion to…
Egypt signs agreement for Polish industrial zone in Ain Sukhna

Egypt signs agreement for Polish industrial zone in Ain Sukhna

Egyptian Minister of Trade and Industry Nevine Gamea on Tuesday oversaw the signing of a framework agreement between the Suez…
Tuesday’s foreign currency exchange rate against Egyptian pound

Tuesday’s foreign currency exchange rate against Egyptian pound

Currency prices on Tuesday recorded a difference against the Egyptian pound at the beginning of today’s trading in banks compared…
The Big 5 Construct Egypt returns from June 26 to 29

The Big 5 Construct Egypt returns from June 26 to 29

In a press conference held at the Four Seasons Hotel Cairo at Nile Plaza, leading international events organizer dmg events…
US dollar to Egyptian pound exchange rate on Monday

US dollar to Egyptian pound exchange rate on Monday

The US dollar to Egyptian pound exchange rate on Monday recorded LE15.61 for purchase and LE15.71 for selling in most…
ITIDA launches new software business initiative

ITIDA launches new software business initiative

The Software Engineering Competence Center (SECC) at Egypt’s Information Technology Industry Development Agency (ITIDA) announced on Wednesday the launch of…
Egypt, EBRD discuss Alexandria metro project

Egypt, EBRD discuss Alexandria metro project

On Tuesday, Transport Minister Kamel al-Wazir met with officials from the European Bank for Reconstruction and Development (EBRD) to discuss…
US Dollar to Egyptian pound exchange rate on Tuesday

US Dollar to Egyptian pound exchange rate on Tuesday

The US dollar to Egyptian pound exchange rate on Tuesday recorded LE15.61 for purchase and LE15.71 for selling in most…
Big 5 Egypt Impact Awards launches on June 27, celebrating construction sector

Big 5 Egypt Impact Awards launches on June 27, celebrating construction sector

DMG events has announced the launch of “The Big 5 Egypt Impact Awards”, set to open in-person on June 27…
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