Monday 13 Jan

Dollar

Dollar stable against Egyptian pound Thursday
2025/01/02

Dollar stable against Egyptian pound Thursday

The Egyptian pound has seen a period of relative stability against the US dollar on Thursday, January 2, 2025, following a decline of over 3%...

Egypt receives $131M budget boost from AfDB
2024/12/30

Egypt receives $131M budget boost from AfDB

In its plenary session today, Monday, the House of Representatives approved President Abdel Fattah El Sisi Decision No. 383 of 2024 approving the agreement with...

Hisham Talaat urges expert input to resolve dollar crisis
2024/12/26

Hisham Talaat urges expert input to resolve dollar crisis

Hisham Talaat Moustafa, CEO of Talaat Moustafa Holding Group (TMG), proposed a collaborative approach to address Egypt's ongoing dollar crisis during a meeting with Prime...

Gold prices in Egypt Wednesday
2024/12/25

Gold prices in Egypt Wednesday

Gold prices in Egypt saw a new update today, Wednesday. The price of one gram of 21-karat gold, the most commonly traded, was approximately 3745...

European Commission approves €1 billion for Egypt
2024/12/20

European Commission approves €1 billion for Egypt

Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, announced today, Friday, the European Commission’s approval to disburse financing to Egypt worth one...

Dollar breaks 50-pound mark
2024/12/05

Dollar breaks 50-pound mark

For the first time since the exchange rate was liberalized, the US dollar surpassed the 50-pound mark in official transactions on Thursday morning. Several public...

Gold prices soar in Egypt Wednesday
2024/11/28

Gold prices soar in Egypt Wednesday

Gold prices in Egypt experienced a significant surge at the close of trading on Wednesday evening. All gold karats saw an increase of EGP 15...

Remittances from Egyptians abroad soared 107.7%
2024/11/25

Remittances from Egyptians abroad soared 107.7%

In a positive economic indicator, remittances from Egyptians working abroad surged by a significant 107.7% in September, reaching $2.7 billion.