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US dollar price stabilizes on Tuesday

US dollar price stabilizes on Tuesday

The price of the US dollar continued to stabilize against the Egyptian pound, on Tuesday, October 3, at the Central…
AAIB launches savings certificate with highest investment return among banks

AAIB launches savings certificate with highest investment return among banks

The Arab African International Bank launched a new savings certificate with the highest investment return in the banking market, the…
Currency exchange between Egypt, China and UAE to start in 2024

Currency exchange between Egypt, China and UAE to start in 2024

The Central Bank of Egypt will begin activating the exchange agreement between the pound, the Chinese yuan, and the UAE…
How will Egypt benefit from the currency swap agreement with UAE?

How will Egypt benefit from the currency swap agreement with UAE?

Economists have touched on the various advantages the Egyptian economy may receive from the currency swap agreement signed on Thursday…
Egyptian businessmen, Japanese officials discuss cooperation

Egyptian businessmen, Japanese officials discuss cooperation

The Tourism Committee of the Egyptian Businessmen Association held a public symposium with the Japanese ambassador to Cairo, Oka Hiroshi,…
Italy installs six grain storage silos after cancelling $100 mln in debt owed by Egypt

Italy installs six grain storage silos after cancelling $100 mln in debt owed by Egypt

The Italian Ambassador to Cairo, Michele Quaroni, announced on Sunday that Italy has cancelled US$100 million of debts owed by…
US dollar price stabilizes on Monday

US dollar price stabilizes on Monday

The price of the US dollar continued to stabilize against the Egyptian pound, on Monday at the Central Bank of…
Italy cancels $100 mln in debt owed by Egypt

Italy cancels $100 mln in debt owed by Egypt

Italy cancelled debts amounting to US$100 million owed by Egypt as part of the debt swap program between the two…
Egypt postpones decision to stop export of onions, leading to market confusion

Egypt postpones decision to stop export of onions, leading to market confusion

The Ministry of Trade and Industry announced it had postponed the implementation of a decision to stop the export of…
Interest rates remain unchanged during Central Bank of Egypt’s latest meeting

Interest rates remain unchanged during Central Bank of Egypt’s latest meeting

The Monetary Policy Committee of the Central Bank of Egypt kept interest rates unchanged during its latest meeting on Thursday.…
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