Egyptian economy
Egyptian MP accuses Mohamed Ramadan of ‘criminal act’ harming Egypt’s economy
Egypt
June 7, 2021
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
March 30, 2021
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
March 7, 2021
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…
Egypt tops emerging markets in containing inflation: Report
Business
November 21, 2020
Egypt tops emerging markets in containing inflation: Report
The Egyptian Cabinet media center announced Saturday that Egypt has topped all other emerging markets in containing inflation. According to…
Egypt’s credit rating maintains stable outlook: Standard and Poor’s
Business
November 7, 2020
Egypt’s credit rating maintains stable outlook: Standard and Poor’s
Standard and Poor’s (S&P) has kept Egypt’s credit rating in domestic and hard currencies at level B, maintaining a stable…
Egypt increases imports, encourages domestic production to maintain food security amid pandemic
Economy
October 13, 2020
Egypt increases imports, encourages domestic production to maintain food security amid pandemic
Egypt has expanded its import contracts and successfully met public demand for food by following a government action plan that…
President Sisi encourages awareness, offers hope for the country in speech
Egypt
October 12, 2020
President Sisi encourages awareness, offers hope for the country in speech
President Abdel Fattah al-Sisi addressed the country in a speech on Sunday, saying that with hard work, awareness, and stability,…
Since 2014, Egypt spent over LE4 trillion to correct economic course: Madbouly
Economy
October 11, 2020
Since 2014, Egypt spent over LE4 trillion to correct economic course: Madbouly
Egyptian Prime Minister Mostafa Madbouly on Saturday said that since 2014 the government has spent more than four trillion LE…
Egypt’s foreign reserves up to US$38.366 billion in August: CBE
Business
September 8, 2020
Egypt’s foreign reserves up to US$38.366 billion in August: CBE
Egypt’s foreign reserves hit US$38.366 billion in August, an increase of $51 million from July, a Monday statement by the…
Egypt’s inflation hits lowest level in 14 years: Cabinet
Business
July 25, 2020
Egypt’s inflation hits lowest level in 14 years: Cabinet
Egypt’s government announced Saturday that the country’s inflation rate during 2019/2020 has seen its best level in 14 years since…