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Is now a good time to buy gold?

Is now a good time to buy gold?

The former secretary-general of the Gold Division, Nageeb Najieb, stated that the best options for investing in gold are the…
Chinese companies to pump investments in Egypt exceeding two billion dollars

Chinese companies to pump investments in Egypt exceeding two billion dollars

Several major Chinese companies held meetings with Egyptian government officials on Monday to discuss pumping new investments into industrial projects…
Ras al-Hekma deal achieves largest surplus in Egypt’s final budget account

Ras al-Hekma deal achieves largest surplus in Egypt’s final budget account

The Egyptian government revealed that the final account of the state’s general budget for the fiscal year 2023/2024 has achieved…
Egypt launches tokenization for payment cards on mobile apps, Apple Pay service

Egypt launches tokenization for payment cards on mobile apps, Apple Pay service

The Central Bank of Egypt (CBE) announced that it has launched the tokenization of payment cards on mobile applications and…
US dollar surges against the Egyptian pound

US dollar surges against the Egyptian pound

The US dollar recorded an increase of 15 piasters in both buying and selling rates on Thursday, during mid-day trading…
Egypt plans to offer at least 10 companies for sale in 2025

Egypt plans to offer at least 10 companies for sale in 2025

Egypt is planning to offer at least 10 companies for sale in 2025, according to a press conference by Prime…
China discovers world’s largest gold mine

China discovers world’s largest gold mine

China has announced the discovery of a gold mine that may be the largest in the world, containing reserves estimated…
Egypt, Saudi Arabia sign historic agreement to boost trade cooperation

Egypt, Saudi Arabia sign historic agreement to boost trade cooperation

Egypt and Saudi Arabia signed a historic agreement to enhance trade cooperation between both them. The agreement includes mutual recognition…
After breaking the LE50-mark, will the US dollar exchange rate continue to rise?

After breaking the LE50-mark, will the US dollar exchange rate continue to rise?

The Director of the Cairo Center for Economic and Strategic Studies, Abdel-Moneim al-Sayed, commented on the US dollar price exceeding…
US dollar officially hits new record high, surpassing the 50-Egypt pound mark for first time ever

US dollar officially hits new record high, surpassing the 50-Egypt pound mark for first time ever

The Egyptian pound experienced a significant rise against the US dollar on Thursday, with the greenback surpassing the 50-Egyptian pound…
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