Business
Egypt’s agricultural exports exceed 3.3 million tons in 5 months
May 29, 2021
Egypt’s agricultural exports exceed 3.3 million tons in 5 months
Egypt announced an increase in the volume of its agricultural exports to more than 3.3 million tons from January 1…
First digital money transfer app launches in Egypt
May 27, 2021
First digital money transfer app launches in Egypt
MasterCard announced its partnership with “Telda”, an Egyptian digital banking startup, to offer the first e-payment application of its kind…
US dollar to Egyptian pound exchange rate for Thursday
May 27, 2021
US dollar to Egyptian pound exchange rate for Thursday
The US dollar to Egyptian pound exchange rate on Thursday recorded LE15.61 for purchase and LE15.71 for sale at most…
Egypt approves 362 million euro agreement for railway development
May 26, 2021
Egypt approves 362 million euro agreement for railway development
The cabinet on Wednesday approved a 362 million euro agreement between Egypt and the International Bank for Reconstruction and Development…
US dollar to Egyptian pound exchange rate for Wednesday
May 26, 2021
US dollar to Egyptian pound exchange rate for Wednesday
The US dollar to Egyptian pound exchange rate on Wednesday recorded LE15.61 for purchase and LE15.71 for selling at most…
Egypt authorities reduce compensation on Ever Given from $916 million to $550 mn
May 25, 2021
Egypt authorities reduce compensation on Ever Given from $916 million to $550 mn
The head of the Suez Canal Authority Osama Rabie announced Monday that the Suez Canal Authority is engaged in a…
Polymer plastic money to be put up on Egyptian market in June
May 24, 2021
Polymer plastic money to be put up on Egyptian market in June
The deputy governor of the Central Bank of Egypt for the cash printing house Khaled Farouk revealed in earlier statements…
Egyptian cabinet prepares bill to impose taxes on e-commerce
May 24, 2021
Egyptian cabinet prepares bill to impose taxes on e-commerce
Sources familiar with the Ministry of Finance confirmed that a bill regarding taxes on e-commerce was recently referred by the…
Egypt to establish 1st factory in Africa to produce high-precision lathing machines
May 23, 2021
Egypt to establish 1st factory in Africa to produce high-precision lathing machines
Egyptian President Abdel Fattah al-Sisi on Saturday received the CEO of Germany’s DMG MORI Christian Thönes to discuss cooperation between…
South Korean companies interested in investing in Egypt’s Suez Canal
May 22, 2021
South Korean companies interested in investing in Egypt’s Suez Canal
South Korean companies have expressed interest in cooperating with Egypt in areas such as investments in the Suez Canal, alongside…