Business
US dollar prices rise against Egyptian pound on Tuesday
February 13, 2018
US dollar prices rise against Egyptian pound on Tuesday
The US dollar exchange rate witnessed an increase on Tuesday with an average of LE17.61 against Egyptian pound during the…
US dollar price up on Monday
February 12, 2018
US dollar price up on Monday
The US dollar price increased against the Egyptian pound with an average of US$17.58 during the bank dealings on Monday.…
Military Production Minister signs MoU with Korean company to produce medical devices
February 12, 2018
Military Production Minister signs MoU with Korean company to produce medical devices
The National Military Production Authority signed a memorandum of understanding with the Maadi Engineering Industries Company and Medtech Korean company…
Fawry e-payments up to LE25 billion in 2017
February 12, 2018
Fawry e-payments up to LE25 billion in 2017
The Electronic Payment Network Fawry stated that electronic bill payments made through the service increased from LE9 billion in 2015…
Remittances from Egyptians abroad increase 19.2% in 2017
February 12, 2018
Remittances from Egyptians abroad increase 19.2% in 2017
Remittances of Egyptians working abroad since the flotation of the pound currency in November 2016 until the end of December…
Egypt receives largest UK trade delegation in two decades
February 11, 2018
Egypt receives largest UK trade delegation in two decades
UK trade envoy to Egypt Jeffrey Donaldson arrived in Cairo on Saturday for a five-day visit, heading the largest British trade…
Egypt negotiates with Saudi Arabia, Kuwait to extend deposit maturity
February 10, 2018
Egypt negotiates with Saudi Arabia, Kuwait to extend deposit maturity
Egypt is negotiating with Saudi Arabia and Kuwait to extend the maturity of deposits for a new term, high-level government sources…
Banque Misr, ExxonMobil launch e-payment service for petroleum services
February 9, 2018
Banque Misr, ExxonMobil launch e-payment service for petroleum services
Banque Misr, in collaboration with Visa and ExxonMobil Egypt, initiated on Thursday a strategic partnership to expand electronic payment for…
US dollar witnesses fluctuating prices on Thursday
February 8, 2018
US dollar witnesses fluctuating prices on Thursday
The US dollar slightly fluctuated against the Egyptian pound on Thursday at an average of LE17.58. According to the last…
Egypt’s foreign debt up to $80.8bn in 2017: CBE
February 7, 2018
Egypt’s foreign debt up to $80.8bn in 2017: CBE
The Central Bank of Egypt (CBE) stated on Wednesday that Egypt’s total foreign debt jumped to US$80.8 billion by end…