Business
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…
World Bank approves $7 bln partnership framework with Egypt
March 22, 2023
World Bank approves $7 bln partnership framework with Egypt
The World Bank has approved a new partnership framework with Egypt for the fiscal years 2023-2027, through which Egypt will…
Egypt’s gold reserves rise to $7.773 billion in January: CBE
March 22, 2023
Egypt’s gold reserves rise to $7.773 billion in January: CBE
Egypt’s reserves of gold rose, reaching a value of US$7.773 billion in January, from $7.326 billion in December 2022, the…
Kamel al-Wazir: Egypt does not sell its property
March 20, 2023
Kamel al-Wazir: Egypt does not sell its property
The Egyptian Transport Minister Kamel al-Wazir, commented on the signing of the final contract for the operation, management and…
Local meat price exceeds LE300 per kilogram
March 16, 2023
Local meat price exceeds LE300 per kilogram
The price of a kilogram of local meat has now exceeded LE300 in Egypt for the first time in history.…