Business
NBE and Banque Misr now offering savings certificate with a return of 19.5%
September 22, 2023
NBE and Banque Misr now offering savings certificate with a return of 19.5%
Banque Misr and the National Bank of Egypt have raised the interest rate on a new triple savings certificate from…
Egypt signs contract to establish tire factory at investments of one billion euros
September 20, 2023
Egypt signs contract to establish tire factory at investments of one billion euros
Prime Minister Mostafa Madbouly on Wednesday attended the signing ceremony for a contract to establish a tire manufacturing factory at…
‘Biden Corridor’ will only take 0.1% of Suez Canal’s trade: SCA chairman
September 19, 2023
‘Biden Corridor’ will only take 0.1% of Suez Canal’s trade: SCA chairman
The “Biden Corridor” will only take away a tiny piece of the Suez Canal’s transit flow, no more than 0.1…
Total natural gas production of Agiba, Pharaonic Petroleum surpasses 205 million cubic feet per day: Petroleum ministry
September 17, 2023
Total natural gas production of Agiba, Pharaonic Petroleum surpasses 205 million cubic feet per day: Petroleum ministry
The total natural gas production of Agiba Petroleum Company and Pharaonic Petroleum Company (PHPC) reached 205 million cubic feet per…
The 5 best times to invest in gold
September 14, 2023
The 5 best times to invest in gold
When it comes to investing in precious metals, buying gold has long been considered a safe-haven asset. For centuries, it…
CBE to decide on interest rate on September 21
September 12, 2023
CBE to decide on interest rate on September 21
The Monetary Policy Committee of the Central Bank of Egypt is scheduled to hold its sixth meeting for 2023 on…
US dollar price stabilizes on Tuesday
September 12, 2023
US dollar price stabilizes on Tuesday
The US dollar price remained stable against the Egyptian pound on Tuesday at the Central Bank of Egypt and government…
Egypt’s annual inflation rate rises to 39.7%
September 11, 2023
Egypt’s annual inflation rate rises to 39.7%
The Central Agency for Public Mobilization and Statistics (CAPMAS) in Egypt announced that the annual inflation rate rose to 39.7…
Politician proposes selling state-owned sports clubs to pay off Egypt’s debts
September 8, 2023
Politician proposes selling state-owned sports clubs to pay off Egypt’s debts
The representative of the Free Egyptians Party at the National Dialogue, Mohamed Khalil Badra, proposed selling state-owned assets such as…
US dollar price stabilizes in Egypt on Wednesday
September 6, 2023
US dollar price stabilizes in Egypt on Wednesday
The US dollar price remained stable against the Egyptian pound at the Central Bank of Egypt and government and private…