Business
US dollar over LE18 in private banks of Egypt
July 16, 2017
US dollar over LE18 in private banks of Egypt
The US dollar exchange rate witnessed a relatively high increase against the Egyptian pound, and a slight fluctuation among banks…
Telecom companies consider increase in service prices
July 14, 2017
Telecom companies consider increase in service prices
Telecommunications companies in Egypt are considering an increase in the prices of services provided to subscribers. The companies attributed the…
Egypt to receive $1.25 billion IMF loan
July 14, 2017
Egypt to receive $1.25 billion IMF loan
Egypt is to receive a second loan installment worth $1.25 billion from the International Monetary Fund on Thursday night or…
US dollar exchange rate increased on Thursday
July 13, 2017
US dollar exchange rate increased on Thursday
The US dollar exchange rate witnessed a relative increase on Thursday compared to the Egyptian pound in most of Egypt’s…
LE4 million in subsidies for damaged homes in N. Sinai
July 12, 2017
LE4 million in subsidies for damaged homes in N. Sinai
LE4.4 million in urgent subsides has been disbursed for damages caused to homeowners’ buildings due to the terrorism in North…
PM: Only 24% of governmental bodies have paid energy bills
July 12, 2017
PM: Only 24% of governmental bodies have paid energy bills
Prime Minister Sherif Ismail asserted on Tuesday the importance of cracking down on governmental bodies that refrain from paying their electricity…
Gold prices up by LE7 per gram, 21 carats at LE618
July 12, 2017
Gold prices up by LE7 per gram, 21 carats at LE618
Gold prices rose in the local market during trading on Wednesday by about LE7, boosted by rising global markets as…
Exclusive: Saudis to cut August oil exports to lowest level this year
July 12, 2017
Exclusive: Saudis to cut August oil exports to lowest level this year
Saudi Arabia will cut crude oil shipments to its customers in August by more than 600,000 barrels per day to…
World Bank, Alibaba fund invest in Hong Kong-based fintech startup
July 11, 2017
World Bank, Alibaba fund invest in Hong Kong-based fintech startup
Hong Kong-based startup CompareAsiaGroup has secured $50 million in funding from investors led by the World Bank’s commercial lending arm,…
US dollar prices for Monday
July 10, 2017
US dollar prices for Monday
The US dollar currency price has been relatively stable against the Egyptian pound, with slight differences from one bank to another…