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US dollar prices record decline in Egypt on Thursday

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

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

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

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…
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