Business

Egypt considers international bids to purchase 3 power plants

Egypt considers international bids to purchase 3 power plants

Egypt is considering bids from Zarou, one of the companies owned by US investment firm Blackstone, and Malaysian company Edra…
US dollar price in Egypt continues decline

US dollar price in Egypt continues decline

On Monday, the US dollar saw a two-piaster decline in Egypt’s banks. In the National Bank of Egypt, it recorded…
Egypt’s central bank keeps key interest rates unchanged

Egypt’s central bank keeps key interest rates unchanged

CAIRO, May 23 (Reuters) – Egypt’s central bank on Thursday kept its key interest rates unchanged, in line with a…
Egypt govt to found new company for establishing wholesale markets

Egypt govt to found new company for establishing wholesale markets

The Egyptian Cabinet is considering a request from the Supply Ministry to establish a company specializing in the establishment and…
US dollar prices in Egypt continue decline on Sunday: CBE

US dollar prices in Egypt continue decline on Sunday: CBE

US dollar prices continued their decline in several banks in Egypt on Sunday, according to price updates issued by the…
Egypt’s fish farming ranks first in Africa and 8th globally

Egypt’s fish farming ranks first in Africa and 8th globally

Egypt’s Minister of Agriculture and Land Reclamation Ezz El Din Abu Steit declared that Egypt has been ranked first in Africa…
US Dollar prices witness drop against Egyptian Pound: CBE

US Dollar prices witness drop against Egyptian Pound: CBE

Central Bank of Egypt (CBE) stated on Thursday that the US dollar rates dropped to LE16.83 for purchase and LE16.93…
Seven startups to represent Egypt globally in 2019 GES

Seven startups to represent Egypt globally in 2019 GES

Seven of Egypt’s most prominent startups will represent the country in the 2019 Global Entrepreneurship Summit (GES) in The Hague…
Electricity prices to increase in July: minister

Electricity prices to increase in July: minister

The Minister of Electricity and Renewable Energy Mohamed Shaker revealed that the new increase in electricity prices, which will be…
Average weekly wage LE1,104 in 2018: CAPMAS

Average weekly wage LE1,104 in 2018: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Monday that the average weekly wage in 2018 for…
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