Business

Vodacom acquires 55% stake of Vodafone Egypt

Vodacom acquires 55% stake of Vodafone Egypt

The telecommunications company Vodacom Group, South Africa, completed the purchase of 132 million shares of Vodafone Egypt. This happened on…
US dollar price rises in Egypt on Thursday’s mid-trading

US dollar price rises in Egypt on Thursday’s mid-trading

On Thursday December 8, the price of the US dollar rose against the Egyptian pound. This is the case in…
MP calls on govt to clarify plans about floating the Egyptian pound

MP calls on govt to clarify plans about floating the Egyptian pound

Member of the Egyptian Parliament, Amira Abu Shaqqa, called on the Ministry of Industry and Trade to draw up a…
Cabinet approves draft resolution to establish the New Development Bank

Cabinet approves draft resolution to establish the New Development Bank

The cabinet approved, during Wednesday’s meeting chaired by Prime Minister Mostafa Madbouly, a draft decision of from the president approving…
MP requests briefing from PM on economic situation in Egypt

MP requests briefing from PM on economic situation in Egypt

Member of the House of Representatives and Vice President of the Egyptian Social Democratic Party, Freddy al-Bayady, submitted a request…
New flotation of Egyptian pound not possible: MP

New flotation of Egyptian pound not possible: MP

The Egyptian pound has already been floated, a measure that will continue for four years, said the Chairman of the…
US dollar price rises in Egypt Tuesday

US dollar price rises in Egypt Tuesday

The price of the US dollar rose at the beginning of trading on Tuesday by about a piaster, in most…
Gold price in Egypt continues to rise Tuesday, reaches highest level yet

Gold price in Egypt continues to rise Tuesday, reaches highest level yet

On Tuesday morning gold prices in Egypt reached its highest historical level, rising to LE1,630 per gram for 21-karat gold.…
Egypt sees a return of the 18% interest rates on longterm Bank deposits

Egypt sees a return of the 18% interest rates on longterm Bank deposits

Many curious citizens have wondered about banks and the services they provide to customers: most importantly is the deposit savings…
Gold prices to continue rising during coming period: official

Gold prices to continue rising during coming period: official

The head of the General Division for Gold and Jewelry at the Federation of Egyptian Chambers of Commerce Hani Milad…
Back to top button