Business
US dollar exchange rates at major Egyptian Banks on Saturday
July 6, 2024
US dollar exchange rates at major Egyptian Banks on Saturday
The dollar’s exchange rate against the Egyptian pound remained stable on Saturday. This stability reflects the downward trend observed in…
US dollar exchange rate against the Egyptian pound on Friday
July 5, 2024
US dollar exchange rate against the Egyptian pound on Friday
The exchange rate of the US dollar against the Egyptian pound stabilized on Friday after the last decline recorded on…
Bringing down prices: Government and Central Bank prioritize inflation relief
July 5, 2024
Bringing down prices: Government and Central Bank prioritize inflation relief
Prime Minister Mostafa Madbouly reviewed during his meeting on Thursday with Governor of the Central Bank of Egypt (CBE) Hassan…
EGX Gains LE20 bn At beginning Of Trading On Back Of Govt Reshuffle
July 4, 2024
EGX Gains LE20 bn At beginning Of Trading On Back Of Govt Reshuffle
The Egyptian Exchange (EGX) gained about LE20 billion at the beginning of trading on Wednesday 3/7/2024 amid optimism among investors…
South Med project to be developed at investments worth LE1 trillion: TMG
July 3, 2024
South Med project to be developed at investments worth LE1 trillion: TMG
The CEO and Managing Director of the Talaat Moustafa Group (TMG), Hisham Talaat Moustafa announced that the South Med project…
Egypt to allow private sector to offer its goods on Mercantile Exchange: Minister
July 1, 2024
Egypt to allow private sector to offer its goods on Mercantile Exchange: Minister
The Egyptian Minister of Supply and Internal Trade, Ali al-Moselhi said that Egypt will allow private sector companies to list…
Egypt sees significant decline in total external debt
July 1, 2024
Egypt sees significant decline in total external debt
Egypt’s total external debt declined to US$160.607 billion during the first quarter of 2024, compared to $168.034 billion during the…
Egypt tops Africa in attracting foreign direct investment: UNCTAD
June 28, 2024
Egypt tops Africa in attracting foreign direct investment: UNCTAD
UNCTAD (United Nations Conference on Trade and Development) has announced that Egypt topped African countries in attracting foreign direct investment…
CIB eases international spending limits for credit cards
June 25, 2024
CIB eases international spending limits for credit cards
The Commercial International Bank announced Monday that it has eased international spending limits on all credit cards inside and outside…
‘Egyptians abroad car import’ initiative surpasses expectations, nearing $2 billion in revenue
June 21, 2024
‘Egyptians abroad car import’ initiative surpasses expectations, nearing $2 billion in revenue
Mohamed Maait, Egyptian Minister of Finance, confirms that the applications registered by Egyptian citizens residing abroad to benefit from the…