According to the CBE’s statement, it has covered more than two billion dollars of requests from Egyptian importers during the past three days.
18.01.2023
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News by
Egypt Independent
Annual headline urban inflation recorded an average of 13.9% in 2022 compared to 5.2% in 2021.
18.01.2023
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News by
Daily News Egypt
The newspaper said that Egypt has committed to reducing the role of the army in the economy as part of the three billion bailout package by IMF.
18.01.2023
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News by
Egypt Independent
The Central Bank of Egypt (CBE) elaborated in a statement, that it paid about $1.5 billion in November, and $1 billion in December 2022.
17.01.2023
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News by
Egypt Today
The market also received additional foreign currency from domestic sources, remittances from Egyptians working abroad, and tourists.
17.01.2023
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News by
Reuters
The issuance of these CDs aimed to contain the rising inflation, which is the highest in four years, by encouraging savings.
17.01.2023
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News by
Ahram Online
This volume of wealth equals twice the money earned by the 7 billion people who make up 99% of the world's population.
17.01.2023
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News by
See news
MP Ahmed al-Banna said that Egypt’s food security has faced successive crises, starting with the coronavirus pandemic.
17.01.2023
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News by
Egypt Independent
Recipients of microfinance loans increased by 46 percent in the past year, with loans reaching EGP 35.5 billion.
17.01.2023
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News by
Ahram Online
The Egyptian pound weakened to as low as 32.20 to the dollar on Wednesday from 27.60 at the open of trade.
15.01.2023
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News by
Reuters
The seminar was part of a series of second-phase meetings scheduled to conclude at the end of January 2023.
14.01.2023
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News by
WAM
The US dollar price started with a surge recording LE 32, and then decreased to LE 29.67 on Wednesday.
13.01.2023
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News by
Egypt Today
The Egyptian pound weakened to as low as 32.20 to the dollar on Wednesday from 27.60 at the open of trade. It has since rebounded to 30.55 on Thursday
13.01.2023
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News by
Reuters
67% of small businesses in Egypt are optimistic about their business sector growing in 2023.
13.01.2023
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News by
Zawya
The meeting also tackled the ongoing efforts exerted by the Environment Ministry to promote the investment climate in Egypt.
13.01.2023
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News by
Egypt Independent
Mohsen stressed the need for the government to expand initiatives to support industry and deepen local industrialization.
13.01.2023
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News by
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This step paves the way for selling stakes ranging between 20% and 30% in these companies to strategic investors, the sources said.
13.01.2023
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News by
Arab Finance
Commercial International Bank Egypt announced Tuesday, that it would raise the interest on Certificates of Deposit (CDs) for a year and a half.
12.01.2023
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News by
Egypt Independent
Japanese systems and trains will be used as part of the official development aid loan, which has a 40-year repayment horizon.
12.01.2023
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News by
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The euro prices also jumped by over EGP 1 to record over EGP 34 at major banks.
12.01.2023
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News by
Ahram Online
