Business
US dollar exchange rate across Egypt’s banks on Tuesday
November 19, 2024
US dollar exchange rate across Egypt’s banks on Tuesday
The US dollar exchange rate against Egypt pound witnessed a state of stability at the beginning of trading on Tuesday…
Bourse indexes down at close of Sunday’s trading session
November 19, 2024
Bourse indexes down at close of Sunday’s trading session
CAIRO, Nov 17 (MENA) – Egyptian Exchange (EGX) indexes went down at the close of trading on Sunday. The capital…
US dollar exchange rate against Egyptian pound at Egypt’s major banks on Sunday
November 17, 2024
US dollar exchange rate against Egyptian pound at Egypt’s major banks on Sunday
The US dollar exchange rate against the Egyptian pound remained stable at the beginning of trading on Sunday. The greenback…
Nasr Company for Automobiles restarts production after a 15-year hiatus
November 17, 2024
Nasr Company for Automobiles restarts production after a 15-year hiatus
Prime Minister Mostafa Madbouly witnessed the inauguration of the bus manufacturing plant at the Nasr Company for Automobiles, affiliated with…
Egypt sets annual cap for government debt after doubling in recent years
November 15, 2024
Egypt sets annual cap for government debt after doubling in recent years
The Egyptian Cabinet on its weekly meeting on Thursday approved the activation of the Unified Public Finance Law to set…
Egypt’s Prime Minister denies rumors on increasing loan from IMF
November 15, 2024
Egypt’s Prime Minister denies rumors on increasing loan from IMF
Egyptian Prime Minister Mostafa Madbouly on Thursday denied claims that the government had asked the International Monetary Fund (IMF) to…
Egypt’s balance of gold in foreign reserves at US$ 11 billion
November 12, 2024
Egypt’s balance of gold in foreign reserves at US$ 11 billion
The Central Bank of Egypt (CBE) announced on Monday that the balance of gold in Egypt’s foreign reserves rose to…
Egypt pays US$1 billion in foreign oil companies’ dues
November 11, 2024
Egypt pays US$1 billion in foreign oil companies’ dues
A government source said on Sunday that Egypt has paid one billion dollars in overdue dues to foreign oil companies…
IMF will not impose conditions on Egypt over subsidizing: Minister
November 11, 2024
IMF will not impose conditions on Egypt over subsidizing: Minister
Egyptian Minister of Supply and Internal Trade Sherif Farouk told Al-Masry Al-Youm, on the sidelines of the annual conference of…
Egypt, UAE begin agreements including development of Hamra Port
November 10, 2024
Egypt, UAE begin agreements including development of Hamra Port
Egyptian Ministry of Petroleum and Mineral Resources and the government of the Fujairah Emirate in the UAE began implementing the…