Business
US dollar to Egyptian pound exchange rates decrease by one piaster
December 20, 2020
US dollar to Egyptian pound exchange rates decrease by one piaster
The US dollar to Egyptian pound exchange rates on Sunday slightly decreased by one piaster for purchase and sale rates,…
Egypt signs agreements with USTDA to upgrade major refineries
December 19, 2020
Egypt signs agreements with USTDA to upgrade major refineries
Egypt’s Ministry of Petroleum and Mineral Resources signed two grant agreements with the US Trade and Development Agency on Thursday…
Sisi approves $500 mn housing loan agreement with IBRD
December 17, 2020
Sisi approves $500 mn housing loan agreement with IBRD
Egypt’s President Abdel Fattah al-Sisi issued a decreeon Wednesday approving a US$500 million loan agreement between Egypt and the International…
US Dollar to Egyptian Pound exchange rates witness slight increase
December 13, 2020
US Dollar to Egyptian Pound exchange rates witness slight increase
The US dollar to Egyptian pound exchange rate on Sunday slightly increased for purchase and sale rates, recording LE15.6 for…
Italian Agency for Development Cooperation grants €3 million to projects in Egypt
December 8, 2020
Italian Agency for Development Cooperation grants €3 million to projects in Egypt
The director of the Italian Agency for Development Cooperation, Martino Milli, announced that work is currently underway for a manufacturing…
Amid Brexit, Egypt, Britain sign free trade agreement
December 7, 2020
Amid Brexit, Egypt, Britain sign free trade agreement
Egypt and Britain signed an agreement establishing a trade partnership between the two countries, which will go into effect on…
Hundreds of workers go on strike in Daqahlia to protest selling of factory
December 5, 2020
Hundreds of workers go on strike in Daqahlia to protest selling of factory
Hundreds of workers at the Delta Company for Fertilizers and Chemical Industries (Talkha Fertilizer), a state-owned company in Egypt, staged…
Juhayna shares decline 6.1% after chairman’s arrest
December 3, 2020
Juhayna shares decline 6.1% after chairman’s arrest
Egypt’s Juhayna Food Industries company’s shares declined by 6.1 percent on Wednesday, following the arrest of its founder and chairman Safwan…
Egypt plans first factory to locally manufacture trains by beginning of 2021
December 2, 2020
Egypt plans first factory to locally manufacture trains by beginning of 2021
Egyptian Transport Ministry plans to start establishing the country’s first factory to locally manufacture trains of all kinds starting from…
EgyptAir and Air Cairo activate codeshare agreement
December 1, 2020
EgyptAir and Air Cairo activate codeshare agreement
EgyptAir and Air Cairo announced on Sunday the signing of a new codeshare between the two companies, aimed at providing…