Business
Dollar prices stable at major Egyptian banks
December 26, 2023
Dollar prices stable at major Egyptian banks
CAIRO, Dec 25 (MENA) – The exchange rate of the US dollar against the Egyptian pound was stable at the…
US dollar exchange rate will decrease against Egyptian pound: MP
December 25, 2023
US dollar exchange rate will decrease against Egyptian pound: MP
Egyptian MP Mahmoud al-Saeedi, a member of the Economic Committee in the House of Representatives, predicted that the US dollar…
International Finance Corporation invests up to US$7 billion in Egypt
December 23, 2023
International Finance Corporation invests up to US$7 billion in Egypt
Egyptian Minister of International Cooperation & Governor of Egypt at the World Bank Group, Rania al-Mashat, met on Friday with…
Will the Central Bank of Egypt’s decision to fix interest rate be reflected in prices?
December 23, 2023
Will the Central Bank of Egypt’s decision to fix interest rate be reflected in prices?
The Central Bank of Egypt on Thursday moved to fix the base interest rate at its eighth and final meeting…
Egypt announces its readiness for a new plan with the International Monetary Fund
December 22, 2023
Egypt announces its readiness for a new plan with the International Monetary Fund
Egyptian Prime Minister Mostafa Madbouly said that discussions with the International Monetary Fund (IMF) have not stopped, and emphasized that…
“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt
December 21, 2023
“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt
A member of the House of Representatives, Abu Abbas Farhat Turki, a submitted a briefing request to the Speaker of…
Egypt’s foreign financing decreases by more than a third in 2023
December 19, 2023
Egypt’s foreign financing decreases by more than a third in 2023
Egypt received US$8.8 billion in external financing for the government and private sectors in 2023, a decrease of 35.7 percent…
With the maturity of 25% CDs approaching, will banks offer up new savings pots?
December 18, 2023
With the maturity of 25% CDs approaching, will banks offer up new savings pots?
The term for the high-yield certificates of deposits from the National Bank of Egypt and Banque Misr offered this January…
After a 15 day pause, Egypt’s banks resume fees on issuing cards and opening accounts
December 18, 2023
After a 15 day pause, Egypt’s banks resume fees on issuing cards and opening accounts
Banks operating in Egypt on Sunday resumed collecting fees on opening accounts (current or savings), adhering to the minimum account…
Dollar rates stable at start of Tuesday’s transactions
December 12, 2023
Dollar rates stable at start of Tuesday’s transactions
The dollar exchange rate was stable at the start of Tuesday’s transactions at Egypt’s major banks. At the National Bank…