Economy

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  • Category : Economy
  • 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 ....

  • FEDCOC chief urges private sector from Egypt, Armenia to carry out new investments

    Date: 2024-03-05 18:59:25 GMT - Egypt - Economy - SN:70 - ID:10612104

    CAIRO, March 5 (MENA) - President of the General Federation of Egyptian Chambers of Commerce (FEDCOC) Ahmed el Wakil urged the private sector in Egypt and Armenia to carry out new investments and benefit from the great opportunities, which are ....

  • Local development min. lays foundation stone of integrated olive processing complex in Fayyum

    Date: 2024-03-05 18:37:38 GMT - Egypt - Economy - SN:66 - ID:10611985

    FAYYUM, Egypt, March 5 (MENA) - Minister of Local Development Hesham Amna on Tuesday laid the foundation stone of a project for establishing an integrated olive processing complex over a total area of five feddans in Fayyum, about 99 km south of ....

  • Egypt keen to bolster trade exchange, investments with Armenia – Min.

    Date: 2024-03-05 18:27:43 GMT - Egypt - Economy - SN:65 - ID:10612059

    CAIRO, March 5 (MENA) – Egypt works on building bridges to boost bilateral cooperation and cement ties with Armenia, said Trade and Industry Minister Ahmed Samir. The minister's remarks came on Tuesday at the Egypt-Armenia business forum, ....

  • Cairo Chamber of Commerce stresses importance of strengthening Egyptian-Armenian economic ties

    Date: 2024-03-05 18:00:18 GMT - Egypt - Economy - SN:63 - ID:10612080

    CAIRO, March 5 (MENA) - Chairman of the Cairo Chamber of Commerce Ayman el Ashri underlined the importance of strengthening Egyptian-Armenian economic ties and increasing joint trade exchange. During his participation in the Egyptian-Armenian ....

  • CBE announces increase in foreign currency reserves to over dlrs 35 billion in February

    Date: 2024-03-05 17:21:53 GMT - Egypt - Economy - SN:57 - ID:10612011

    CAIRO, March 5 (MENA) - The Central Bank of Egypt (CBE) announced Tuesday an increase in the reserves of foreign currencies by about dlrs 61 million. The CBE put the total reserves of foreign currencies at about dlrs 35.310 billion by the end of ....

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