Business

Russia is in talks to establish free zone in Egypt: Putin

Russia is in talks to establish free zone in Egypt: Putin

Russian President Vladimir Putin on Wednesday announced at the plenary session of the Eurasian Economic Forum that Russia is in…
Egypt sees increased demand for purchasing Gold Investment Fund documents

Egypt sees increased demand for purchasing Gold Investment Fund documents

The bodies receiving subscriptions to Egypt’s Gold Investment Fund continue to receive those wishing to invest in gold, through electronic…
Egyptian exports to the US fall to US$2.3 billion in 2022: CAPMAS

Egyptian exports to the US fall to US$2.3 billion in 2022: CAPMAS

The Central Agency for Public Mobilization and Statistics reported a decrease in the value of Egyptian exports to the US…
CBE fixes interest rate on Thursday

CBE fixes interest rate on Thursday

The Central Bank of Egypt’s Monetary Policy Committee fixed interest rates during its Thursday meeting. This is a positive move,…
Imported gold can be sold in local market at same price as Egyptian gold: expert

Imported gold can be sold in local market at same price as Egyptian gold: expert

Gold imported from abroad can be sold in the local market at the same price as local gold, said the…
Will the CBE fix interest rates on Thursday?

Will the CBE fix interest rates on Thursday?

The Monetary Policy Committee of the Central Bank of Egypt (CBE) is scheduled to hold a meeting  on Thursday to…
Apache wants more concession areas in Egypt’s desert

Apache wants more concession areas in Egypt’s desert

The Apache Oil Company is trying to acquire a large number of new areas in Egypt to search and explore…
Egypt launches 1st Gold Investment Fund

Egypt launches 1st Gold Investment Fund

Egypt’s Financial Regulatory Authority approved the establishment of the nation’s first fund to invest in gold, enhance financial and investment…
Four banks offer highest return on dollar savings certificates in Egypt

Four banks offer highest return on dollar savings certificates in Egypt

US dollar savings certificates for 2023 are available with different returns and various purchase limits starting from $100 per certificate.…
Egypt plans to build the first city for gold in the Middle East

Egypt plans to build the first city for gold in the Middle East

A major city for gold, the first of its kind in the Middle East, is planned to be established at…
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