Business

Prime Minister calls on Egypt’s factories to speed up local component production

Prime Minister calls on Egypt’s factories to speed up local component production

Prime Minister Mostafa Madbouly on Saturday called on factories in 6th of October City, such as SE Wiring System Egypt,…
Egypt’s Gold prices up by LE3 per gram, 21-karat at LE780

Egypt’s Gold prices up by LE3 per gram, 21-karat at LE780

Gold prices in the Egyptian market rose by about three LE on Saturday compared to Friday’s prices. The price of…
Stock markets pick up after heavy Wall Street rout

Stock markets pick up after heavy Wall Street rout

Stock markets picked up on Friday after a day of losses in Asia and following Wall Street’s heavy sell-off the…
Tips to reduce energy consumption from ACs: Egypt’s Electricity Ministry

Tips to reduce energy consumption from ACs: Egypt’s Electricity Ministry

Egypt’s Ministry of Electricity and Renewable Energy has offered several tips on how to reduce electricity consumption from air conditioning…
US Dollar exchange rates decrease against Egyptian Pound

US Dollar exchange rates decrease against Egyptian Pound

Exchange rates between the US dollar and the Egyptian pound decreased on Wednesday, following a week-long rise in the value…
Gold prices in Egypt fall by LE3 per gram

Gold prices in Egypt fall by LE3 per gram

Gold prices on Tuesday fell by three LE per gram, with 24-karat Gold falling to LE876, 21-karat Gold to LE767,…
Egyptian govt announces new increases to price of electricity

Egyptian govt announces new increases to price of electricity

Egyptian Electricity Minister Mohamed Shaker during a press conference on Tuesday announced the annual increases in electricity prices for domestic…
National Bank of Egypt provides LE 20 mn to French Qasr Al-Aini Hospital to fight coronavirus

National Bank of Egypt provides LE 20 mn to French Qasr Al-Aini Hospital to fight coronavirus

Chairperson of the National Bank of Egypt (NBE) Hisham Okasha announced that the bank has donated LE 20 million to…
Israeli ministry won’t oppose Cellcom purchase of Golan Telecom

Israeli ministry won’t oppose Cellcom purchase of Golan Telecom

TEL AVIV (Reuters) — Israel’s Finance Ministry said on Monday it does not see a reason to oppose the proposed…
Saudi Arabia to end voluntary cuts on top of OPEC+ pact

Saudi Arabia to end voluntary cuts on top of OPEC+ pact

DUBAI/LONDON/MOSCOW (Reuters) — Saudi Arabia will boost output in July to match its output OPEC quota while ending voluntary deeper…
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