Business
Europe approves US$100 mn loan to Egypt’s Banque Misr: Minister
August 12, 2020
Europe approves US$100 mn loan to Egypt’s Banque Misr: Minister
The European Bank for Reconstruction and Development (EBRD) has approved support for the Egyptian economy with a US$100 million loan…
IMF says Egypt prioritizes spending on health, education, and social protection
August 11, 2020
IMF says Egypt prioritizes spending on health, education, and social protection
The International Monetary Fund (IMF) on Monday announced that Egypt is mobilizing its revenues to prioritize spending on health, education,…
US dollar to Egyptian pound exchange rates decline by one piaster
August 11, 2020
US dollar to Egyptian pound exchange rates decline by one piaster
US dollar to Egyptian pound exchange rates declined by one piaster in the Central Bank of Egypt on Tuesday, recording…
Egypt, EIB discuss future cooperation in transport, agriculture, health
August 9, 2020
Egypt, EIB discuss future cooperation in transport, agriculture, health
Minister of International Cooperation Rania al-Mashat on Sunday met with the European Investment Bank’s (EIB) Operations Director for Eastern and…
Egypt’s gold prices down by LE14 per gram, 21-karat at LE910
August 8, 2020
Egypt’s gold prices down by LE14 per gram, 21-karat at LE910
Gold prices declined significantly in Egypt and internationally on Saturday. The price of 21-karat gold, the most popular in Egypt,…
Egypt’s net foreign reserves edge up to US$38.31 bn in July – Central Bank
August 6, 2020
Egypt’s net foreign reserves edge up to US$38.31 bn in July – Central Bank
CAIRO, Aug 6 (Reuters) — Egypt’s net foreign reserves rose slightly to US$38.315 billion in July from $38.202 billion in…
Egypt’s private economic activity hits 1-year high – PMI
August 6, 2020
Egypt’s private economic activity hits 1-year high – PMI
CAIRO, Aug 5 (Reuters) — A contraction in Egypt’s non-oil private sector slowed to its lowest rate in a year…
Two Egyptian entrepreneurs make Forbes’ Top 10 Women Behind Middle Eastern Brands
August 4, 2020
Two Egyptian entrepreneurs make Forbes’ Top 10 Women Behind Middle Eastern Brands
Forbes Middle East Magazine announced a list of ten women — including two Egyptians — who established the best online…
US dollar to Egyptian pound exchange rate remain stable
July 30, 2020
US dollar to Egyptian pound exchange rate remain stable
US dollar to Egyptian pound exchange rates remained stable on Thursday at the Central Bank of Egypt, recording LE15.93 for…
Banks to suspend work across Egypt from July 30 to August 3
July 29, 2020
Banks to suspend work across Egypt from July 30 to August 3
Egypt will suspend work at all banks across the country starting from July 30 to August 3, the Central Bank…