US dollar drops 51 piasters against Egyptian pound The US dollar lost 51 piasters against the Egyptian pound... Businessmen Team 07 Oct 2025 The dollar’s exchange rate continued to decline gradually across Egyptian banks over the past ten d...
Declining inflation, rising remittances propel continued GDP growth The Egyptian government's economic team, headed by Prime Minister Dr.... Businessmen Team 07 Oct 2025 Attending the session were Central Bank Governor Hassan Abdalla, Minister of Planning, Economic Dev...
US dollar drops against Egyptian pound Monday The U.S. dollar recorded slight fluctuations against the Egyptian pound... Businessmen Team 06 Oct 2025 Dollar exchange rates at major Egyptian banks:National Bank of Egypt (NBE):Buying: EGP 47.58 Sellin...
Enppi among world’s top 100, Petrojet climbs global ranks Companies in Egypt’s petroleum projects sector have achieved a remarkable... Businessmen Team 05 Oct 2025 Enppi ranked 98th, entering the global top 100 for the first time. The company advanced 38 places f...
USD, EGP exchange rate remains stable The U.S. dollar recorded relative stability against the Egyptian pound... Businessmen Team 05 Oct 2025 Dollar exchange rates at major Egyptian banks:National Bank of Egypt (NBE): Buying: EGP 47.61 Selli...
Arab Contractors wins five global awards Minister of Housing, Utilities and Urban Communities Engineer Sherif El... Businessmen Team 05 Oct 2025 The wins included the top honor for the Julius Nyerere Hydroelectric Dam and Power Station in Tanza...
Social Housing Fund, Next Bank sign cooperation protocol The Social Housing and Mortgage Finance Fund (SHMFF) and Next... Businessmen Team 05 Oct 2025 The protocol was signed by Mai Abdelhamid, Chief Executive Officer of the SHMFF, and Tamer Seif El-...
Saada: Monetary policy balances growth and financing costs Mohamed Saada, Secretary-General of the Federation of Egyptian Chambers of... Businessmen Team 04 Oct 2025 The committee decided to reduce the overnight deposit and lending rates by 1 percentage point, to 2...
Bishai: Inflation expected to drop to around 14% in Q4 2025 Engineer Matta Bishai, head of the Domestic Trade Committee of... Businessmen Team 04 Oct 2025 Bishai explained that the decision was supported by a decline in the annual inflation rate in Egypt...
US dollar drops 36 piasters against Egyptian pound The US dollar fell by 36 piasters against the Egyptian... Businessmen Team 04 Oct 2025 The dollar had recorded EGP 48.05 for buying and EGP 48.19 for selling on Saturday, September 27, b...
CBE Cuts Interest Rates by 1% The Monetary Policy Committee of the Central Bank of Egypt... Businessmen Team 02 Oct 2025 The decision reflects the committee’s assessment of the latest inflation developments and outlook...
Urgent: Central Bank slashes interest rates by 1% The Monetary Policy Committee of the Central Bank of Egypt... Businessmen Team 02 Oct 2025 The rates were reduced to 21.00%, 22.00%, and 21.50%, respectively. The discount rate was also lowe...
