Business

CBE to receive billion dollars from RSF in January

CBE to receive billion dollars from RSF in January

Informed sources said that the loan decided by the Resilience and Sustainability Facility (RSF), of the International Monetary Fund recently…
Philippines approves import of Egyptian citrus fruits

Philippines approves import of Egyptian citrus fruits

Minister of Agriculture and Land Reclamation, el-Sayed el-Qasir, announced the opening of the Philippine markets to Egyptian agricultural exports based…
Gold price hits highest rate in history in Egypt again

Gold price hits highest rate in history in Egypt again

On Thursday, December1, 2022, morning, the price of gold in Egypt reached its highest historical level, rising by LE10 to…
AMEA Power signs agreements for renewable energy stations worth billions

AMEA Power signs agreements for renewable energy stations worth billions

Prime Minister Mostafa Madbouly attended the signing ceremony of the financial closure agreements between the Emirati AMEA Power company.  …
Saudi Arabia extends term of US$ 5 billion deposit for CBE

Saudi Arabia extends term of US$ 5 billion deposit for CBE

Saudi Arabia extended the term of a US$ 5 billion deposit with the Central Bank of Egypt, the Saudi Press…
US dollar price rises in Egypt on Tuesday morning

US dollar price rises in Egypt on Tuesday morning

The price of the US dollar rose against the Egyptian pound on Tuesday in most banks operating in Egypt, continuing…
Egypt says to receive US$1 billion from IMF loan soon

Egypt says to receive US$1 billion from IMF loan soon

Egyptian Finance Minister Mohamed Maait said that the loan agreed upon with the International Monetary Fund (IMF) amounting to about…
bp has been awarded new exploration blocks in Egypt’s Offshore Nile Delta

bp has been awarded new exploration blocks in Egypt’s Offshore Nile Delta

British Petroleum (bp) announced on Monday that it has been awarded two exploration blocks in the Mediterranean Sea, offshore Egypt…
US dollar price in Egypt on Monday

US dollar price in Egypt on Monday

On Monday, November 28, the price of the US dollar stabilized against the Egyptian pound, in most banks operating in…
Egypt announces sale of Russian wheat on stock exchange for first time

Egypt announces sale of Russian wheat on stock exchange for first time

The Egyptian Ministry of Supply announced the details of offering Russian wheat on the commodity exchange, as the first commodity…
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