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US Dollar prices rise in Egypt Tuesday, August 13
2024/08/13

US Dollar prices rise in Egypt Tuesday, August 13

The US dollar strengthened against the Egyptian pound today, Tuesday, August 13, 2024, with exchange rates increasing across multiple government and private banks.

Central Bank: Foreigners can now open bank accounts
2024/08/11

Central Bank: Foreigners can now open bank accounts

The Central Bank of Egypt announced today, Sunday, that foreign non-residents can now open bank accounts in Egypt. These accounts allow for various banking services....

Al-Mashat: Intra-African trade fuels economic growth
2024/08/05

Al-Mashat: Intra-African trade fuels economic growth

Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation and Governor of Egypt to the World Bank, She commended the final statement issued...

Egyptian pound plunges against US dollar
2024/08/05

Egyptian pound plunges against US dollar

The Egyptian pound depreciated sharply against the US dollar today, Monday, losing approximately 70 piasters to trade at 49.5 pounds per dollar. This decline is...

Egyptian pound holds steady against US dollar Wednesday
2024/07/31

Egyptian pound holds steady against US dollar Wednesday

The Egyptian pound held steady against the US dollar at the start of trading on Wednesday, July 31, 2024, following the previous day’s increase.

Kouchouk: Egypt to secure third IMF tranche worth $820 million
2024/07/30

Kouchouk: Egypt to secure third IMF tranche worth $820 million

Ahmed Kouchouk, Minister of Finance, said that the approval of the International Monetary Fund's Board of Directors for the third review of Egypt's economic reform...

US dollar exchange rate in Egypt Monday
2024/07/29

US dollar exchange rate in Egypt Monday

The Egyptian pound maintained its stability against the US dollar today across various banks operating in the Egyptian banking market.

Al-Mashat: Fostering a competitive business climate to drive investment
2024/07/27

Al-Mashat: Fostering a competitive business climate to drive investment

Minister of Planning, Economic Development and International Cooperation Dr. Rania Al-Mashat held intensive meetings with ministers of economy, development, and international cooperation, as well as...