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Photos: Sphinx Airport receives 1st German Condor flight
April 1, 2023
Photos: Sphinx Airport receives 1st German Condor flight
The Sphinx International Airport on Friday welcomed 155 tourists on board the first German Condor flight (DE 042 FRA) coming…
NBE denies issuance of CDs at 30% interest rate
April 1, 2023
NBE denies issuance of CDs at 30% interest rate
The National Bank of Egypt denied reports that the bank or any banks operating in Egypt had issued a new…
Egyptian female expat obtains permit to raise Adhan for first time in US city
March 31, 2023
Egyptian female expat obtains permit to raise Adhan for first time in US city
A young Egyptian woman residing in the US has succeeded in obtaining a permit from authorities to allow the five…
UAE leader names his son as Crown Prince of Abu Dhabi
March 31, 2023
UAE leader names his son as Crown Prince of Abu Dhabi
The leader of the United Arab Emirates on Wednesday named his eldest son as crown prince of Abu Dhabi and…
NBE raises return on 3-year savings certificates
March 31, 2023
NBE raises return on 3-year savings certificates
The National Bank of Egypt raised the interest rate on the three-year savings certificate. There will be a variable return,…
Explanation of the raising of interest rates by 200 bps
March 31, 2023
Explanation of the raising of interest rates by 200 bps
The Monetary Policy Committee (MPC) in its meeting on Thursday 30/3/2023 decided to raise the Central Bank of Egypt’s (CBE)…
Military production min. reviews development plan of Giza Zoo, Orman Garden
March 31, 2023
Military production min. reviews development plan of Giza Zoo, Orman Garden
Minister of State for Military Production Mohamed Salah Eddin Mostafa held a meeting with the consortium responsible for developing the…
Sisi signs decree to amend villages’ mayors law
March 31, 2023
Sisi signs decree to amend villages’ mayors law
President Abdel Fattah El Sisi issued a decree amending some provisions of law no. 58 of 1978 as regards villages’…
US dollar exchange rate in Egypt after CBE raises interest rate
March 31, 2023
US dollar exchange rate in Egypt after CBE raises interest rate
The price of the US dollar stabilized on Friday, March 31, one day after the Central Bank of Egypt raised…
How CBE raising interest rates will affect prices in Egypt: An expert answers
March 31, 2023
How CBE raising interest rates will affect prices in Egypt: An expert answers
The Central Bank of Egypt’s decision to raise interest rates by 200 basis points on deposits and borrowing comes to…