Business
Egypt sees decrease in exports/imports and increase in trade balance deficit
July 5, 2023
Egypt sees decrease in exports/imports and increase in trade balance deficit
The foreign trade data bulletin for April, issued by the Central Agency for Public Mobilization and Statistics, showed an increase…
US dollar price stable in Egypt Wednesday
July 5, 2023
US dollar price stable in Egypt Wednesday
The price of the US dollar stabilized at the beginning of bank transactions, on Wednesday, July 5, against the Egyptian…
Is Egypt devaluing its currency anytime soon?
July 4, 2023
Is Egypt devaluing its currency anytime soon?
Speculations have gone viral about the possibility of Egypt devaluing its own currency, despite Egyptian President Abdel Fattah al-Sisi asserting…
Israel to build third line to supply Egypt with gas from Leviathan field
July 3, 2023
Israel to build third line to supply Egypt with gas from Leviathan field
Partners in Israel’s Leviathan offshore gas project announced Sunday that they have agreed to invest US$568 million to build a…
US dollar price in Egypt remains stable on Saturday
July 1, 2023
US dollar price in Egypt remains stable on Saturday
The price of the US dollar maintained its stability against the Egyptian pound, on Saturday, July 1, the fourth day…
Expat investor plans to establish Egypt’s first international medical city
June 30, 2023
Expat investor plans to establish Egypt’s first international medical city
The Viceroy for Cheshire County, UK, and the Chairman of the Board of Directors of the St. George Healthcare Group,…
Fitch Solutions warns of high inflation rates in Egypt
June 27, 2023
Fitch Solutions warns of high inflation rates in Egypt
Inflation remains a major concern for Egyptians and will lead to a sharp rise in borrowing costs, warned Fitch Solutions,…
Foreign currency ratings on Monday at NBE
June 26, 2023
Foreign currency ratings on Monday at NBE
On Monday, the last working day for banks in Egypt before the Eid Al-Adha holiday, the prices of many foreign…
US dollar price stabilizes throughout Egypt on Friday morning
June 23, 2023
US dollar price stabilizes throughout Egypt on Friday morning
The US dollar stabilized against the Egyptian pound on Friday, with the following prices: Central Bank of Egypt LE 30.83…
‘Gazprom’, African Chamber of Energy host meeting in Johannesburg to discuss natural gas benefits for Africa
June 22, 2023
‘Gazprom’, African Chamber of Energy host meeting in Johannesburg to discuss natural gas benefits for Africa
The African Chamber of Energy is set to host an economic meeting in Johannesburg on Thursday alongside Russian energy company…