Business
Egypt’s Inflation rate rises by 1% in May: CAPMAS
June 10, 2019
Egypt’s Inflation rate rises by 1% in May: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed Egypt’s inflation rate during the month of May rose by…
US dollar maintains stable rates against Egyptian pound
June 9, 2019
US dollar maintains stable rates against Egyptian pound
The US dollar maintained stable rates against the Egyptian pound on Sunday morning compared to Monday prices (the last working…
Communications minister discusses establishing Japanese telecom company branches in Egypt
June 8, 2019
Communications minister discusses establishing Japanese telecom company branches in Egypt
Egypt’s Telecommunications Minister Amr Talaat held several meetings with representatives of Japanese companies, during his visit to Japan to participate…
US Dollar exchange rate in Egypt declines further
June 2, 2019
US Dollar exchange rate in Egypt declines further
US dollar prices slightly declined against the Egyptian pound in several banks on Sunday. The US currency saw an average…
US dollar prices record decline in Egypt on Thursday
May 30, 2019
US dollar prices record decline in Egypt on Thursday
The US dollar exchange rates declined against the Egyptian pound on Tuesday in several banks. The dollar prices have decreased…
Bombardier-Orascom consortium wins Egypt monorail train bid
May 29, 2019
Bombardier-Orascom consortium wins Egypt monorail train bid
The Bombardier-Orascom-Arab Contractors consortium won the bid for a monorail project planned at the New Administrative Capital and Sixth of…
CBE to ban issuance of cryptocurrency without licenses
May 28, 2019
CBE to ban issuance of cryptocurrency without licenses
The new banking law for the Central Bank of Egypt (CBE) bans creating, promoting or operating platforms for issuing or…
Egypt considers international bids to purchase 3 power plants
May 28, 2019
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
May 27, 2019
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
May 27, 2019
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…