USD stable against EGP on Monday The US dollar remained stable against the Egyptian pound on... Businessmen Team 01 Sep 2025 The exchange rate held steady in major banks, with the dollar trading at 48.54 pounds for buying an...
UAE's EII cuts stake in Egypt's Qalaa Holdings UAE-based Emirates International Investment (EII) has reduced its stake in... Businessmen Team 01 Sep 2025 EII sold 30 million shares in the transaction, valued at a total of 85.2 million Egyptian pounds, w...
CBE lowers interest rates by 2% The Monetary Policy Committee (MPC) of the Central Bank of... Businessmen Team 28 Aug 2025 The CBE said the move reflects its assessment of recent inflation trends and outlook, with annual h...
US dollar stable against Egyptian pound The US dollar remained stable against the Egyptian pound in... Businessmen Team 23 Aug 2025 Exchange rates at several major Egyptian banks:National Bank of Egypt: Buying: EGP 48.45  ...
Madbouly directs governors to launch old rent survey committees Prime Minister Dr. Moustafa Madbouly chaired the Board of Governors... Businessmen Team 16 Aug 2025 The meeting was attended by Matrouh Governor Major General Khaled Shoeib, Red Sea Governor Major Ge...
El-Sherbiny follows up on electricity supply to water, wastewater stations Minister of Housing, Utilities and Urban Communities Sherif El-Sherbiny held... Businessmen Team 11 Aug 2025 El-Sherbiny reviewed the current electricity supply status for drinking water pumping stations, wat...
Gold prices fluctuate Wednesday morning Gold prices in Egypt fluctuated Wednesday, mirroring global market volatility... Businessmen Team 16 Jul 2025 Egypt's Gold Prices (per unit):24-Karat: EGP 5,31421-Karat: EGP 4,65018-Karat: EGP 3,986Gold Pound:...
Abdalla attends Arab Central Bank Governors’ meeting in Abu Dhabi Hassan Abdalla, Governor of the Central Bank of Egypt, took... Businessmen Team 13 Jul 2025 The meeting formed part of the ongoing preparations for the 49th session of the Council, scheduled...
CBE keeps interest rates unchanged The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC)... Businessmen Team 10 Jul 2025 The committee also held the credit and discount rates steady at 24.50%.The decision reflects the la...
Arab, foreign exchange rates in Egypt on Thursday Foreign exchange market data revealed the latest developments in foreign... Businessmen Team 19 Jun 2025 A large number of Egyptians closely monitor daily exchange rates, especially for major currencies s...
Egypt, UAE discuss boosting economic, investment ties Sheikh Mohammed bin Zayed, President of the United Arab Emirates,... Businessmen Team 04 Jun 2025 After the welcoming ceremony, the two presidents headed to the Beach Palace, where they held a meet...
US dollar drops against Egyptian pound Tuesday The US dollar continued its decline against the Egyptian Pound... Businessmen Team 03 Jun 2025 The Central Bank of Egypt recorded the US dollar at EGP 49.62 for buying and EGP 49.75 for selling,...