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Stricter inspection measures to increase exports of Egyptian fruits: Agriculture Ministry

Stricter inspection measures to increase exports of Egyptian fruits: Agriculture Ministry

Egypt’s Ministry of Agriculture announced that it would impose stricter inspection measures of Egyptian fruits, including guava and pomegranate, in…
Egypt sets customs exchange rate at LE16 per US dollar for January

Egypt sets customs exchange rate at LE16 per US dollar for January

Egypt’s customs exchange rate will continue to be fixed at LE16 per dollar starting from Monday, January 1, 2018, until…
Recession hits Egypt’s gold market

Recession hits Egypt’s gold market

The gold price climbed LE7 domestically on Saturday, driven by global price hikes, amid a state of unprecedented stagnation on…
Egypt exports to Turkey up 44% in 10 months: ministry

Egypt exports to Turkey up 44% in 10 months: ministry

Egypt Trade and Industry Minister Tariq Qabil said on Saturday that Egyptian exports to Turkey significantly increased between January and…
Saudi Arabia bans Egyptian guava import

Saudi Arabia bans Egyptian guava import

Saudi Arabia has officially informed Egypt of its decision to ban the import of Egyptian guava due to the high…
US dollar exchange rates stable on Thursday

US dollar exchange rates stable on Thursday

US dollar exchange rates were stable throughout Thursday morning trading. In the National Bank of Egypt (NBE), the US dollar…
Egypt’s vegetable oil reserves at 3 months, sugar at 5: official

Egypt’s vegetable oil reserves at 3 months, sugar at 5: official

Egypt’s strategic vegetable oil reserves are enough to meet consumption needs for more than three months while sugar reserves are…
Egypt’s exchange remains top Arab performer in 2017

Egypt’s exchange remains top Arab performer in 2017

The head of the Egyptian Exchange says its benchmark index has made significant gains in 2017 thanks to economic reforms…
Egypt’s EFG Hermes looks to manage renewable energy projects: energy head

Egypt’s EFG Hermes looks to manage renewable energy projects: energy head

Egyptian investment bank EFG Hermes expects to begin offering factoring services in the first quarter of 2018 as part of…
Third IMF loan installment will bridge funding gap: CBE source

Third IMF loan installment will bridge funding gap: CBE source

The third tranche of the International Monetary Fund (IMF) loan worth $2 billion will be used to support the state…
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