Business
Egypt joins new bank of BRICS bloc
March 30, 2023
Egypt joins new bank of BRICS bloc
The Official Gazette in Egypt published President Abdel-Fattah al-Sisi’s ratification of the agreement establishing the New Development Bank (NDB), of…
US dollar price in Egypt stabilizes Wednesday
March 29, 2023
US dollar price in Egypt stabilizes Wednesday
The price of the US dollar stabilized in mid-trading on Wednesday recording at the Central Bank of Egypt LE30.83 for…
Damietta Port receives 40,241 tons of Russian wheat
March 29, 2023
Damietta Port receives 40,241 tons of Russian wheat
The Damietta Port received the cargo ship PETRA III, sailing under the flag of Panama and coming from Russia, carrying…
InstaPay transactions total LE112.7 bn in a year: CBE
March 29, 2023
InstaPay transactions total LE112.7 bn in a year: CBE
The Central Bank of Egypt announced that the financial transactions that took place through instant payments network InstaPay during the…
Report: Will CBE raise interest rates at its next meeting?
March 28, 2023
Report: Will CBE raise interest rates at its next meeting?
The Research Department of HC Securities and Investment expected the Central Bank of Egypt’s Monetary Policy Committee would raise the…
Egypt signs financing deal with JICA at 44 billion yen
March 28, 2023
Egypt signs financing deal with JICA at 44 billion yen
Egypt’s Finance Minister Mohamed Maait and the Chief Representative of the Japan International Cooperation Agency (JICA) Egypt Office, Kato Ken,…
New cigarette prices after increase in Egypt
March 27, 2023
New cigarette prices after increase in Egypt
There are new rates for the price of cigarette in Egypt which have increased in said Ibrahim Imbaby, Head…
Currency exchange rate at CBE on Monday
March 27, 2023
Currency exchange rate at CBE on Monday
The Foreign currency exchange rate on Monday at the Central Bank of Egypt: US dollar LE30.83 for purchase LE 30.93…
HSBC report expects significant rise in interest rates in Egypt
March 24, 2023
HSBC report expects significant rise in interest rates in Egypt
A report issued by HSBC expects the Central Bank of Egypt to raise the interest rate by 3 percent at…
US dollar price stabilizes in Egypt Thursday
March 23, 2023
US dollar price stabilizes in Egypt Thursday
The price of the US dollar stabilized against the Egyptian pound, at the beginning of trading, Thursday, March 23, the…