Economy

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  • Dollar exchange rate stable at start of Tuesday's transactions

    Dollar exchange rate stable at start of Tuesday's transactions

    Date: 2023-05-30 08:06:18 GMT - Egypt - Economy - SN:2 - ID:10184581

    The US dollar exchange rate was stable at the beginning of Tuesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.75 for buying and EGP 30.85 for selling. At the ....

  • Sisi poses for photo op with participants in meetings of African Development Bank Group

    Sisi poses for photo op with participants in meetings of African Development Bank Group

    Date: 2023-05-23 08:15:19 GMT - Egypt - Economy - SN:3 - ID:10172922

    President Abdel Fattah El Sisi on Tuesday posed for a photo op with participants in meetings of the Board of Governors of the African Development Bank, hosted by the Red Sea resort of Sharm El Sheikh. The annual meetings of the African ....

  • AfDB seeks to raise $10 bln from private sector for green infrastructure investments in Africa: Chief

    AfDB seeks to raise $10 bln from private sector for green infrastructure investments in Africa: Chief

    Date: 2023-05-23 07:35:19 GMT - Egypt - Economy - SN:2 - ID:10172820

    President of the African Development Bank Group (AfDB) Akinwumi A. Adesina has emphasized the need to identify fundable green projects for the private sector companies in Africa. Addressing reporters during a news briefing in Sharm El Shiekh, ....

  • Fitch maintains upbeat outlook for Egypt's petrochemical sector

    Fitch maintains upbeat outlook for Egypt's petrochemical sector

    Date: 2023-05-02 09:45:53 GMT - Egypt - Economy - SN:5 - ID:10137185

    Egypt’s exports of petrochemicals, chemicals, and fertilizers shot up by a stunning 45 percent during 2021 to reach 6.7 billion dollars, according to Fitch Ratings. These industries are key beneficiaries of the current abundance of natural gas in ....

  • Dollar price stable at Egypt's major banks

    Dollar price stable at Egypt's major banks

    Date: 2023-04-11 10:00:02 GMT - Egypt - Economy - SN:3 - ID:10107805

    The US dollar exchange rate was stable at the beginning of Tuesday’s transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.75 for buying and EGP 30.85 for selling. At the ....

  • Emigration min. assures expats govt not to access salaries, accounts

    Emigration min. assures expats govt not to access salaries, accounts

    Date: 2023-03-07 09:25:19 GMT - Egypt - Economy - SN:4 - ID:10053673

    Emigration Minister Soha Gendy said Tuesday that the government cannot possibly access salaries or personal accounts of Egyptians at home or abroad. Speaking to MENA, Gendy assured expats that there is no intention to deduct portions of their ....

  • Dollar price stable at Egypt's major banks

    Dollar price stable at Egypt's major banks

    Date: 2023-02-21 09:37:50 GMT - Egypt - Economy - SN:4 - ID:10030465

    The US dollar exchange rate was stable at the beginning of Tuesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.43 for buying and EGP 30.53 for selling. At the ....

  • Dollar prices stable at beginning of Tuesday's transactions in Egypt's major banks

    Dollar prices stable at beginning of Tuesday's transactions in Egypt's major banks

    Date: 2023-02-14 10:42:11 GMT - Egypt - Economy - SN:7 - ID:10019058

    The dollar exchange rate was stable at the beginning of Tuesday's transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 30.40 for buying and EGP 30.50 for selling. At the ....

  • Banque Misr: 25% interest saving certificate to be suspended by end of Jan.

    Banque Misr: 25% interest saving certificate to be suspended by end of Jan.

    Date: 2023-01-24 09:52:04 GMT - Egypt - Economy - SN:6 - ID:9983595

    Chairman of Banque Misr Mohamed el Etrebi asserted Tuesday that the 25 percent saving certificate will be suspected by the end of January after achieving the target as announced before. Two weeks ago, Etrebi said that the bank will suspend the ....

  • Dollar exchange rate stable at start of Tuesday transactions at Egypt's major banks

    Dollar exchange rate stable at start of Tuesday transactions at Egypt's major banks

    Date: 2023-01-10 10:01:26 GMT - Egypt - Economy - SN:6 - ID:9961580

    The US dollar exchange rate was stable in the beginning of Thursday’s transactions at Egypt's major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate registered EGP 27.40 for buying and EGP 27.45 for selling. At the ....

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