Economy

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  • Category : Economy
  • Exchange rate of Saudi riyal exceeds EGP 13 at NBE

    Date: 2024-03-06 12:34:02 GMT - Egypt - Economy - SN:30 - ID:10613054

    CAIRO, March 6 (MENA) - The exchange rates of Arab currencies have risen against the Egyptian pound, with the Saudi riyal reaching EGP 13.19 for buying and 13.22 for selling at the National Bank of Egypt (NBE). The UAE dirham registered EGP ....

  • Banque Misr issues new savings certificate with up to 30% interest rate

    Date: 2024-03-06 11:02:45 GMT - Egypt - Economy - SN:24 - ID:10612884

    CAIRO, March 6 (MENA) - Banque Misr announced the re-issue of "Ibn Misr" savings certificate with up to 30% as of March 6, 2024. In a statement on Wednesday, the certificate will offer annual returns up to 30% in the first year, 25% in the second ....

  • Irrigation min. discusses with Italian amb. in Cairo bilateral cooperation

    Date: 2024-03-06 10:58:04 GMT - Egypt - Economy - SN:21 - ID:10612667

    CAIRO, March 6 (MENA) - Minister of Water Resources and Irrigation Hani Sweilem discussed during a meeting Wednesday with Italian ambassador to Egypt Michele Quaroni and his accompanying delegation bilateral cooperation in the water treatment, ....

  • EGX indexes hit record high after CBE decision to increase interest rate

    Date: 2024-03-06 10:28:14 GMT - Egypt - Economy - SN:18 - ID:10612799

    CAIRO, March 6 (MENA) - Egyptian Exchange (EGX) indexes hit a record high during Wednesday's trading, pushed by large purchases after a Central Bank of Egypt (CBE) decision to increase the interest rate. The market capital gained nearly EGP 79 ....

  • Dollar exchange rate hits EGP 46 at NBE

    Date: 2024-03-06 09:57:51 GMT - Egypt - Economy - SN:16 - ID:10612696

    CAIRO, March 6 (MENA) - The dollar exchange rate increased Wednesday at the National Bank of Egypt (NBE) to EGP 46 for buying and EGP 46.10 for selling. At Banque Misr the dollar price upped to EGP 45.25 for buying and EGP 45.35 for selling. ....

  • Dollar price up in NBE to EGP 30.95 for buying, EGP 31.05 for selling

    Date: 2024-03-06 09:03:39 GMT - Egypt - Economy - SN:13 - ID:10612601

    CAIRO, March 6 (MENA) - The dollar exchange rate increased Wednesday in the National Bank of Egypt to EGP 30.95 for buying and EGP 31.05 for selling with a rise of 20 piasters for both buying and selling. The Monetary Policy Committee (MPC) of ....

  • Dollar exchange rate stable at beginning of Wednesday's transactions

    Date: 2024-03-06 08:48:05 GMT - Egypt - Economy - SN:11 - ID:10612572

    CAIRO, March 6 (MENA) - The dollar exchange rate was stable at the start of Wednesday'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 ....

  • CBE raises key interest rates by 6% in special meeting

    Date: 2024-03-06 08:26:58 GMT - Egypt - Economy - SN:9 - ID:10612496

    CAIRO, March 6 (MENA) - The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided in its special meeting to raise overnight deposit rate, overnight lending rate and the rate of the main operation by 600 basis points to 27.25 ....

  • 17,000 tons of goods handled at Red Sea Ports

    Date: 2024-03-06 08:11:52 GMT - Egypt - Economy - SN:8 - ID:10612466

    HURGHADA, Egypt, March 6 (MENA) - About 17,000 tons of goods were handled at the different Red Sea harbors on Wednesday, the Red Sea Ports Authority (RSPA) said. In a statement, the RSPA said imports included 4,000 tons of goods, 561 trucks and ....

  • Turkish delegation visits Cairo Int'l Fair

    Date: 2024-03-05 19:05:54 GMT - Egypt - Economy - SN:72 - ID:10612153

    CAIRO, March 5 (MENA) - A Turkish delegation has inspected the 57th Cairo International Fair-EECA EXPO 2024, in order to explore the available investment opportunities in Egypt within the upcoming period. During the visit, the delegation hailed ....

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