Economy

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  • Dollar prices stable at Egypt's major banks

    Dollar prices stable at Egypt's major banks

    Date: 2022-06-14 09:16:26 GMT - Egypt - Economy - SN:4 - ID:9621418

    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 18.67 for buying and EGP 18.73 for selling. At the ....

  • 13 Egyptian companies take part in APAS show 2022 in Brazil

    13 Egyptian companies take part in APAS show 2022 in Brazil

    Date: 2022-05-17 09:29:39 GMT - Egypt - Economy - SN:6 - ID:9573470

    The Food Export Council announced Tuesday that 13 Egyptian companies are taking part in APAS trade show 2022 in Sao Paulo, Brazil. The exhibition started activities on May 16 and is expected to last until May 19. The council added in the ....

  • Dollar exchange rate stable at most banks in Egypt

    Dollar exchange rate stable at most banks in Egypt

    Date: 2022-04-19 09:38:14 GMT - Egypt - Economy - SN:7 - ID:9529183

    The exchange rate of the US dollar against the Egyptian pound was stable during Tuesday's trading at Egypt's major banks, after the Central Bank of Egypt rose the interest rate by 1% in March. At the National Bank of Egypt (NBE) and Banque Misr, ....

  • NBE, Banque Misr garner over EGP 423 bln from 18% saving certificates in 2 weeks

    NBE, Banque Misr garner over EGP 423 bln from 18% saving certificates in 2 weeks

    Date: 2022-04-05 06:22:17 GMT - Egypt - Economy - SN:2 - ID:9506461

    The National Bank of Egypt (NBE) and Banque Misr announced Monday that the proceeds of the one-year saving certificates with a 18 percent return, launched on March 21, amounted to EGP 423 billion by the end of the day and in a span of two weeks. ....

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

    Dollar exchange rate stable at Egypt major banks at start of transactions

    Date: 2022-03-29 09:51:19 GMT - Egypt - Economy - SN:8 - ID:9495607

    The US dollar exchange rate was stable on Tuesday at the early transactions at Egypt's major banks, after the Central Bank of Egypt increased the interest rate by 1%. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate remained ....

  • Dollar exchange rate maintains increase against pound

    Dollar exchange rate maintains increase against pound

    Date: 2022-03-22 09:25:53 GMT - Egypt - Economy - SN:6 - ID:9482795

    The US dollar maintained an increase by 2.50 to 2.55 points against the Egyptian pound following a decision by the Central Bank of Egypt (CBE) to increase the interest rate by 1 pecent. At the National Bank of Egypt (NBE) and Banque Misr, the ....

  • Petroleum min., Methanex Corporation, ILO discuss boosting bilateral cooperation

    Petroleum min., Methanex Corporation, ILO discuss boosting bilateral cooperation

    Date: 2022-03-15 09:38:14 GMT - Egypt - Economy - SN:10 - ID:9470085

    Petroleum Minister Tareq el Mulla had talks on Tuesday with a delegation from "Methanex" Corporation", the world's largest producer and supplier of methanol, and representatives of the International Labor Organization (ILO) and the Canadian embassy ....

  • US dollar price stable at Egypt's major banks

    US dollar price stable at Egypt's major banks

    Date: 2022-03-15 09:34:37 GMT - Egypt - Economy - SN:9 - ID:9470082

    The US dollar exchange rate was stable at the start of Tuesday's transactions at Egypt's major banks. The stability in the foreign exchange market was attributed to the increase of Egypt's foreign currency reserves, the economic reform measures ....

  • SCA closely follows up on world trade movement

    SCA closely follows up on world trade movement

    Date: 2022-03-15 09:15:33 GMT - Egypt - Economy - SN:8 - ID:9470024

    The Suez Canal Authority (SCA) is closely following up the world trade movement, said SCA Chairman Osama Rabie. It is also reviewing constantly the transit fees for ships passing through the canal, which is one of the world's most important ....

  • Banks' loan portfolio for MSMEs up by $316 billion in 5 years -- CBE

    Banks' loan portfolio for MSMEs up by $316 billion in 5 years -- CBE

    Date: 2022-03-15 06:48:47 GMT - Egypt - Economy - SN:6 - ID:9469671

    The volume of increase in banks' loan portfolio for micro, small, and medium sized enterprises (MSMEs) surpassed $316 billion by the end of December, up by 250 per cent compared to December 2015, the Central Bank of Egypt (CBE) announced ....

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