Business
Egypt to receive $2 billion as part of IMF loan in June or July: Deputy Finance Minister
December 24, 2017
Egypt to receive $2 billion as part of IMF loan in June or July: Deputy Finance Minister
Egypt will receive $2 billion in the fourth disbursal from a $12 billion International Monetary Fund loan in June or…
US dollar price stable at majority of banks in Egypt
December 21, 2017
US dollar price stable at majority of banks in Egypt
US dollar exchange rates were stable throughout Thursday morning trading. In the National Bank of Egypt (NBE), the US dollar…
Egyptian expats remittances record highest level in history: CBE
December 20, 2017
Egyptian expats remittances record highest level in history: CBE
From November 2016 to November 2017, the total sum of remittances sent to Egypt from expats working abroad reached $24.2 billion,…
US dollar prices witness slight changes Wednesday
December 20, 2017
US dollar prices witness slight changes Wednesday
The US dollar exchange rate witnessed slight changes during morning trading on Wednesday, after witnessing a rise during last week’s…
US dollar exchange rate rises slightly
December 19, 2017
US dollar exchange rate rises slightly
The US dollar exchange rate rose slightly during morning trading on Tuesday, after witnessing a remarkable rise during last week…
World’s largest container ship crosses Suez Canal
December 18, 2017
World’s largest container ship crosses Suez Canal
The world’s largest container ship OOCL Hong Kong crossed the Suez Canal on Monday on its way from the Netherlands…
Hilton to add 1000 extra rooms in Egypt in 2018
December 18, 2017
Hilton to add 1000 extra rooms in Egypt in 2018
Hilton Worldwide is planning to add 1000 more rooms to the number of existing rooms it manages in Egypt by…
US dollar exchange rate approaching LE 18
December 18, 2017
US dollar exchange rate approaching LE 18
The US dollar exchange rate hiked during Monday morning trading, approaching LE 18, with more than one bank selling it…
Egypt, Argentina consider Hepatitis medication barter deal to improve trade deficit
December 14, 2017
Egypt, Argentina consider Hepatitis medication barter deal to improve trade deficit
Egypt’s Minister of Trade and Industry Tarek Qabil said on Wednesday that Egypt and Argentina are considering a barter deal…
Russian Industrial Zone construction works to begin in 2018: SCA Chairman
December 14, 2017
Russian Industrial Zone construction works to begin in 2018: SCA Chairman
Chairman of the Suez Canal Authority (SCA) and the Suez Canal Economic Zone (SCZone), Mohab Mamish, said in press statements…