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European gas prices surge; competitors for Egyptian supplies
2024/09/07

European gas prices surge; competitors for Egyptian supplies

Natural gas prices in Europe have risen, in light of indications of increased competition with Egypt to purchase fuel shipments.

Egyptian pound strengthens ahead of dollar
2024/09/03

Egyptian pound strengthens ahead of dollar

The Egyptian pound strengthened against the US dollar on Tuesday, September 3, 2024, as the dollar's value declined by 4 piasters at the Central Bank...

Al-Mashat: Multilateral banks bridge investment gap, encourage investments
2024/08/31

Al-Mashat: Multilateral banks bridge investment gap, encourage investments

Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation and Governor of Egypt at the New Development Bank, participated in the main business...

Central Bank profitability soars following policy shift
2024/08/27

Central Bank profitability soars following policy shift

The Central Bank of Egypt announced today, Tuesday, that it has succeeded, for the first time in seven years, in turning to profitability in the...

Dollar price drops in several Egyptian banks
2024/08/25

Dollar price drops in several Egyptian banks

The Egyptian pound strengthened against the US dollar, on Sunday, August 25, 2024, at several private and public banks. The Central Bank of Egypt maintained...

Abdelatty represents Egypt at TICAD, meets JETRO
2024/08/24

Abdelatty represents Egypt at TICAD, meets JETRO

Dr. Badr Abdelatty, Minister of Foreign Affairs, Immigration, and Egyptians Abroad, attended the opening session of the Tokyo International Conference on African Development (TICAD) ministerial...

Gold prices fluctuate, dollar steady
2024/08/24

Gold prices fluctuate, dollar steady

The price of gold in Egypt has fluctuated significantly since Friday, primarily due to shifting global gold prices. Despite the US dollar exchange rate remaining...

Dollar to pound exchange rate Saturday
2024/08/17

Dollar to pound exchange rate Saturday

The US dollar exchange rate remained stable on Saturday against the Egyptian pound across various Egyptian government and private banks