Egypt economy
Fitch upgrades Egypt’s credit rating to B with stable outlook
Business
November 2, 2024
Fitch upgrades Egypt’s credit rating to B with stable outlook
Fitch Ratings upgraded Egypt’s credit rating from B- to B with a stable outlook. The credit rating agency said in…
State must leave Egypt’s economy: Ibrahim Eissa
Business
March 11, 2023
State must leave Egypt’s economy: Ibrahim Eissa
Egyptian media host Ibrahim Eissa said that Egypt’s current economic crisis requires that the state step away from the economy…
US dollar to Egyptian pound exchange rate remains stable on Tuesday
Business
July 13, 2021
US dollar to Egyptian pound exchange rate remains stable on Tuesday
US dollar to Egyptian pound exchange rates remained stable on Tuesday at the Central Bank of Egypt, recording LE15.64 for…
Gold prices see unprecedented drop in 8 months
Business
June 20, 2021
Gold prices see unprecedented drop in 8 months
The Secretary of the Gold Division at the Federation of Egyptian Chambers of Commerce Nady Naguib, said that gold prices…
World Bank expects high growth rates for Egypt’s economy in 2022 2023
Egypt
June 9, 2021
World Bank expects high growth rates for Egypt’s economy in 2022 2023
The World Bank on Tuesday said it predicts a rise in the growth rate of the Egyptian economy during 2022…
US Dollar to Egyptian pound exchange rates for Wednesday
Business
March 17, 2021
US Dollar to Egyptian pound exchange rates for Wednesday
The US dollar to Egyptian pound exchange rate on Wednesday recorded a low of LE15.64 for purchase and LE15.74 for…
Gold prices rise in Egyptian market, 21-karat now LE764
Business
March 13, 2021
Gold prices rise in Egyptian market, 21-karat now LE764
Gold prices in Egypt rose by at least nine LE for all kinds on Saturday compared to Friday. Friday saw…
Egyptian Minister, UN official discuss supporting countries impacted by coronavirus
Business
September 19, 2020
Egyptian Minister, UN official discuss supporting countries impacted by coronavirus
Egyptian Finance Minister Mohamed Maait on Saturday discussed a proposal with UN Under-Secretary-General Vera Songwe to support countries impacted by…
Italy to establish first chain store in Egypt
Business
September 13, 2020
Italy to establish first chain store in Egypt
A memorandum of understanding between the Egyptian Grg company and the Italian Sopria Holding Group was signed Sunday to open…
Egypt’s gold prices down by LE14 per gram, 21-karat at LE910
Business
August 8, 2020
Egypt’s gold prices down by LE14 per gram, 21-karat at LE910
Gold prices declined significantly in Egypt and internationally on Saturday. The price of 21-karat gold, the most popular in Egypt,…