Egyptian economy

Egypt sees US$3.75 billion trade balance deficit during June 2022: CAPMAS
Business

Egypt sees US$3.75 billion trade balance deficit during June 2022: CAPMAS

The Central Agency for Public Mobilization and Statistics announced a decrease in the value of the trade balance deficit to…
Egyptian economy 2nd largest Arab and African economy by 2022: IMF
Economy

Egyptian economy 2nd largest Arab and African economy by 2022: IMF

The Cabinet Media Center published an infographic report highlighting expectations from the International Monetary Fund that the Egyptian economy will…
US dollar exchange rate continue to stabilize on Tuesday
Business

US dollar exchange rate continue to stabilize on Tuesday

On Tuesday, US dollar prices witnessed remarkable stability as it recorded LE15.64 for purchase and LE15.74 for sale at Banque…
US dollar exchange rate stable on Monday
Business

US dollar exchange rate stable on Monday

US dollar exchange rate was stable on Monday in several Egyptian banks. In Banque Misr and National Bank of Egypt,…
Finance Minister says Egypt will enter sovereign sukuk market in 2022
Business

Finance Minister says Egypt will enter sovereign sukuk market in 2022

Egyptian Finance Minister Mohamed Maait said that his country will enter the sovereign sukuk market in 2022, explaining that investor…
Egypt among world’s top steel producers in 2020
Egypt

Egypt among world’s top steel producers in 2020

The World Steel Association (Worldsteel) published a report stating that Egypt came in 20th place among the world’s top steel…
Egyptian economy exceeds international expectations, report
Business

Egyptian economy exceeds international expectations, report

The Egyptian government said on Saturday that economic indicators show that the Egyptian economy has exceeded international expectations, thanks to…
Egyptian MP accuses Mohamed Ramadan of ‘criminal act’ harming Egypt’s economy
Egypt

Egyptian MP accuses Mohamed Ramadan of ‘criminal act’ harming Egypt’s economy

An Egyptian Member of the House of Representatives Enas Abdel-Halim accused famous artist and rapper Mohamed Ramadan of committing a…
US Dollar to Egyptian pound exchange rates for Tuesday
Business

US Dollar to Egyptian pound exchange rates for Tuesday

The US dollar to Egyptian pound exchange rate on Tuesday recorded a low of LE15.65 for purchase and LE15.75 for…
Gold prices at lowest point, Egyptians encouraged to buy this week
Business

Gold prices at lowest point, Egyptians encouraged to buy this week

The Secretary of the Gold Division at the Federation of Egyptian Chambers of Commerce Nady Naguib announced Saturday that gold…
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