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US Embassy in Egypt warns its citizens against possible protests
October 29, 2022
US Embassy in Egypt warns its citizens against possible protests
The US embassy in Egypt warned its citizens in Cairo against protests in Egypt over currency devaluation, calling on them…
Tourists invited to spend winter in Hurghada at cost less than heating cost in the UK
October 28, 2022
Tourists invited to spend winter in Hurghada at cost less than heating cost in the UK
The UK’s Easy Jet tourism company announced a program under its slogan “Escape the UK in Winter”, where it invites…
Calls for demonstrations on 11/11 do not deserve attention: MP
October 28, 2022
Calls for demonstrations on 11/11 do not deserve attention: MP
Calls for demonstrations on 11/11 do not deserve attention, MP Abdel Moneim Imam, head of the Justice Party in Egypt.…
President Sisi approves law granting facilities to Egyptian expats
October 28, 2022
President Sisi approves law granting facilities to Egyptian expats
President Abdel Fattah El Sisi approved Law no 161 of 2022 on granting some facilities to Egyptians living abroad in…
CBE cancels cash withdrawal, deposit limits
October 28, 2022
CBE cancels cash withdrawal, deposit limits
The Central Bank of Egypt canceled the limits of cash withdrawals from ATM machines on deposits and raised the maximum…
CBE governor answers why interest rates were raised for the first time in 5 months
October 27, 2022
CBE governor answers why interest rates were raised for the first time in 5 months
On Thursday morning, the Central Bank of Egypt announced a package of exceptional decisions related to withdrawal and deposit limits…
Egypt to implement LE64 billion social protection package starting November
October 27, 2022
Egypt to implement LE64 billion social protection package starting November
The new social protection package announced by Prime Minister Mostafa Madbouly is the first executive decision for the outcomes of…
Egypt announces flotation of Egyptian pound on Thursday
October 27, 2022
Egypt announces flotation of Egyptian pound on Thursday
The Central Bank of Egypt (CBE) issued a statement, on Thursday morning, announcing reform measures to ensure macroeconomic stability and…
Samsung produces its first mobile phone manufactured in Egypt
October 26, 2022
Samsung produces its first mobile phone manufactured in Egypt
Mobile phone giant Samsung produced its first phone manufactured in Egypt, a move that will help reduce the prices of…
What does an index for the Egyptian pound mean?
October 26, 2022
What does an index for the Egyptian pound mean?
Economic and banking expert Ahmed Shawky said that issuing an index for the Egyptian pound is one of the most…