Business
Egypt reaches agreement with IMF to receive US$5.2 billion
June 6, 2020
Egypt reaches agreement with IMF to receive US$5.2 billion
Egypt has reached a staff-level agreement with the International Monetary Fund (IMF) for a 12 month US$5.2 billion Stand-By Arrangement…
European Central Bank nearly doubles pandemic support scheme
June 4, 2020
European Central Bank nearly doubles pandemic support scheme
FRANKFURT, Germany (AP) — The European Central Bank has boosted its pandemic emergency support program by an unexpectedly large 600…
US dollar exchange rates continue increasing against Egyptian pound
June 4, 2020
US dollar exchange rates continue increasing against Egyptian pound
US dollar to Egyptian pound exchange rates increased in favor of the dollar on Thursday, continuing a rise that began…
US dollar exchange rates in Egypt continue to rise
June 2, 2020
US dollar exchange rates in Egypt continue to rise
US dollar–Egyptian pound exchange rates in banks across Egypt increased in favor of the dollar on Tuesday. The exchange rate…
Egypt’s US dollar exchange rate rises Monday
June 1, 2020
Egypt’s US dollar exchange rate rises Monday
US dollar exchange rates against the Egyptian pound increased in banks across Egypt on Monday, compared to Sunday’s exchange rates.…
Samsung raises investments in Egyptian market to over US$84 million
May 31, 2020
Samsung raises investments in Egyptian market to over US$84 million
Samsung Egypt plans to inject new investments in the Egyptian market over the next five years valued at US$84 million,…
Egypt’s Gold prices up by LE4 per gram, 21-karat at LE764
May 30, 2020
Egypt’s Gold prices up by LE4 per gram, 21-karat at LE764
Gold prices in the Egyptian market rose by about four LE on Saturday compared to Friday’s prices. The price of…
EasyJet axes almost third of staff on virus fallout
May 28, 2020
EasyJet axes almost third of staff on virus fallout
EasyJet will axe up to 4,500 jobs, or almost one third of its staff, the British no-frills airline said Thursday,…
Abu Dhabi state fund in talks to invest US$1 bn in Jio Platforms: sources
May 28, 2020
Abu Dhabi state fund in talks to invest US$1 bn in Jio Platforms: sources
NEW DELHI (Reuters) — Abu Dhabi state fund Mubadala Investment Company is in talks to invest about one billion US…
Egypt’s Gold prices fall by LE6 per gram, 21-karat gold at LE756
May 27, 2020
Egypt’s Gold prices fall by LE6 per gram, 21-karat gold at LE756
The price of gold in the Egyptian market dropped on Wednesday by about LE six per gram compared to Tuesday’s…