Business
Video: Sukhna-Dekheila Integrated Logistics Corridor to link Red, Mediterranean seas
March 16, 2023
Video: Sukhna-Dekheila Integrated Logistics Corridor to link Red, Mediterranean seas
The Egyptian Ministry of Transport published a video on the implementation of the the Sukhna-Dekheila Integrated Logistics Corridor for containers…
Silicon Valley crisis will increase Egypt’s gold prices
March 15, 2023
Silicon Valley crisis will increase Egypt’s gold prices
The head of the General Division for Gold and Jewelry at the Federation of Egyptian Chambers of Commerce Hani Milad…
Egyptian government to offer 4 major companies through international investment banks
March 13, 2023
Egyptian government to offer 4 major companies through international investment banks
The spokesman for the Egyptian Cabinet Nader Saad announced consensus among the government members to start the procedures for offering…
Egypt’s core inflation skyrocketed to a record 40.26% in February: CBE
March 11, 2023
Egypt’s core inflation skyrocketed to a record 40.26% in February: CBE
Data from the Central Bank of Egypt (CBE) showed a jump in the core inflation rate reaching 40.26 percent in…
CBE expected to raise interest rates by up to 300 bps in March: Goldman Sachs
March 10, 2023
CBE expected to raise interest rates by up to 300 bps in March: Goldman Sachs
Goldman Sachs expects the Central Bank of Egypt to raise interest rates by up to 300 basis points in its…
CBE raises maximum withdrawal limit via instaPay
March 10, 2023
CBE raises maximum withdrawal limit via instaPay
The Central Bank of Egypt (CBE) raised the maximum limits through the instant payment network InstaPay and banks applications from…
Banks to open accounts for free till end of March in celebration of International Women’s Day
March 8, 2023
Banks to open accounts for free till end of March in celebration of International Women’s Day
On the occasion of International Women’s Day, banks will open accounts for free starting next week. The list of financial…
Egypt’s grain imports from Russia reach $334.3 mln in November 2022: CAPMAS
March 7, 2023
Egypt’s grain imports from Russia reach $334.3 mln in November 2022: CAPMAS
Egypt’s grain imports from Russia have amounted to about US$334.3 million in November 2022, compared to about $194.4 million in…
18% return savings certificates can be redeemed starting March 22
March 6, 2023
18% return savings certificates can be redeemed starting March 22
Banque Misr and the National Bank of Egypt (NBE)’s customers are waiting for the returns of the 18 percent return…
US dollar price stabilizes in Egypt Friday
March 3, 2023
US dollar price stabilizes in Egypt Friday
The US dollar price stabilized, Friday, March 3, 2023, coinciding with the weekly bank holiday, and following a slight rise…