economy
Officials deny social media claims of replacement for Egypt’s LE10 bank notes
Business
July 15, 2020
Officials deny social media claims of replacement for Egypt’s LE10 bank notes
Egypt’s cabinet back in January debunked news circulating on social media claiming that the LE10 banknotes issued by the Central…
US dollar to Egyptian pound exchange rates continue to decline
Business
July 13, 2020
US dollar to Egyptian pound exchange rates continue to decline
US dollar to Egyptian pound exchange rates at the Central Bank of Egypt continued declining at an average of two…
Dubai announces new coronavirus economic support worth over $400 million
Middle East
July 11, 2020
Dubai announces new coronavirus economic support worth over $400 million
DUBAI (Reuters) – Dubai has announced a new package worth 1.5 billion dirhams ($408 million) to help the economy cope…
Hottest commodity in Lebanon’s economic chaos: The US dollar
Middle East
July 8, 2020
Hottest commodity in Lebanon’s economic chaos: The US dollar
BEIRUT (AP) — The lines snaked around the block. Then they swelled to fill the whole street, before they turned…
PM Johnson demands Britain ‘Build, build, build’ to beat COVID-19 slump
World
June 30, 2020
PM Johnson demands Britain ‘Build, build, build’ to beat COVID-19 slump
LONDON (Reuters) – Prime Minister Boris Johnson promised to shake Britain’s economy out of its coronavirus-induced crisis on Tuesday, by…
No movement on Thursday in US dollar exchange rates in Egyptian banks
Economy
June 25, 2020
No movement on Thursday in US dollar exchange rates in Egyptian banks
The US dollar maintained its price against the Egyptian pound on Thursday, following a slight decline on Wednesday. The US…
US dollar stabilizes against Egyptian pound exchange rates
Business
June 22, 2020
US dollar stabilizes against Egyptian pound exchange rates
The US dollar maintained its prices against the Egyptian pound’s exchange rates on Monday, recording LE16.11 for purchase and LE16.24…
A world redrawn: Nobel winner Deaton warns virus could worsen inequality
World
June 16, 2020
A world redrawn: Nobel winner Deaton warns virus could worsen inequality
The coronavirus outbreak has exposed existing inequalities but without reform, argues Nobel prize-winning economist Angus Deaton, it also risks making…
Syria economic meltdown presents new challenge for Assad
Middle East
June 13, 2020
Syria economic meltdown presents new challenge for Assad
BEIRUT (AP) — In scenes not witnessed for years in government-controlled parts of Syria, dozens of men and women marched…
Egypt’s Gold prices up by LE3 per gram, 21-karat at LE780
Business
June 13, 2020
Egypt’s Gold prices up by LE3 per gram, 21-karat at LE780
Gold prices in the Egyptian market rose by about three LE on Saturday compared to Friday’s prices. The price of…