Business
Annual consumer price inflation in cities rises to highest rate in 5 years
February 9, 2023
Annual consumer price inflation in cities rises to highest rate in 5 years
The Central Agency for Public Mobilization and Statistics (CAPMAS) in Egypt announced, Thursday, that annual consumer price inflation in cities…
US dollar price rises in Egypt Thursday
February 9, 2023
US dollar price rises in Egypt Thursday
The price of the US dollar rose against the Egyptian pound by seven piasters, Thursday, February 9, at the Central…
Egypt ranks 3rd globally in gold reserves
February 9, 2023
Egypt ranks 3rd globally in gold reserves
Egypt is ranked 3rd globally in gold reserves, Nagy Farag, Advisor to the Minister of Supply for Gold Industry Affairs,…
Will inflation decrease in Egypt after the Central Bank’s decision?
February 8, 2023
Will inflation decrease in Egypt after the Central Bank’s decision?
Egyptian economist, Mostafa Badra, spoke to RT about the repercussions of the Central Bank of Egypt’s decision to fix the…
US dollar price stabilizes in Egypt Wednesday
February 8, 2023
US dollar price stabilizes in Egypt Wednesday
The price of the US dollar against the Egyptian pound stabilized in mid-trading, Wednesday, February 8, recording at the Central…
Government plans tax facilitations for investors: official
February 8, 2023
Government plans tax facilitations for investors: official
Finance Minister Mohamed Maait and Prime Minister Mostafa Madbouly reviewed draft laws that include tax facilitations for investors in Egypt,…
US dollar price rises Tuesday
February 7, 2023
US dollar price rises Tuesday
The price of the US dollar rose by two piasters at the beginning of trading on Tuesday, February 7, at…
CBE: US$ 4.1 billion in tourism revenues during the first quarter
February 6, 2023
CBE: US$ 4.1 billion in tourism revenues during the first quarter
The Central Bank of Egypt revealed, in the Balance of Payments report, that tourism revenues rose by 43.5 percent to…
Egypt produces its first gold ingot
February 4, 2023
Egypt produces its first gold ingot
The Adviser to the Minister of Supply and Internal Trade for Gold Industry Affairs Nagy Farag announced that Egypt has…
3 factors led CBE to fix interest rates: analyst
February 3, 2023
3 factors led CBE to fix interest rates: analyst
The Central Bank of Egypt (CBE) is adopting a policy of ‘wait and see’, after the Monetary Policy Committee’s last…