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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…
US dollar exchange rate against Egyptian pound at major banks

US dollar exchange rate against Egyptian pound at major banks

The dollar exchange rate against the Egyptian pound stabilized at the beginning of trading Thursday, after rising yesterday. Here are…
Will eSIM service in Egypt affect the InstaPay application?

Will eSIM service in Egypt affect the InstaPay application?

The Head of the Communications Committee in the House of Representatives Ahmed Badawi said that the launch of  eSIM service…
“Don’t be alarmed if the exchange rate increases”: Egypt’s Prime Minister

“Don’t be alarmed if the exchange rate increases”: Egypt’s Prime Minister

Prime Minister Mostafa Madbouly addressed concerns about the Egyptian pound’s exchange rate during a press conference on Thursday. He assured…
Qatar eyes major investment in Egypt’s North Coast: Prime Minister

Qatar eyes major investment in Egypt’s North Coast: Prime Minister

Egypt and Qatar are set to strengthen their bilateral cooperation, particularly within the real estate sector, according to Egyptian Prime…
A leap not seen in a year: How much did Egyptian expat remittances reach from January-September 2024?

A leap not seen in a year: How much did Egyptian expat remittances reach from January-September 2024?

Remittances from Egyptians working abroad have seen successive leaps since the implementation of the reform measures in March 2024. In…
US dollar exchange rate against Egyptian pound at major banks

US dollar exchange rate against Egyptian pound at major banks

As of Sunday, the Egyptian Pound has maintained its stability against the US Dollar at the beginning of banking transactions.…
New tax plan – Egypt agrees to 10 new IMF conditions

New tax plan – Egypt agrees to 10 new IMF conditions

A mission from the International Monetary Fund (IMF), led by Ivana Vladkova Hollar, issued a statement at the conclusion of…
CBE maintains overnight deposit and lending rates

CBE maintains overnight deposit and lending rates

The Monetary Policy Committee of the Central Bank of Egypt decided in its meeting on Thursday to maintain the overnight…
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