Thursday 26 Dec

Rates

Egypt inaugurates largest solar plant in Aswan
2024/12/11

Egypt inaugurates largest solar plant in Aswan

The Ministry of Electricity and Renewable Energy is set to inaugurate Egypt's largest solar power plant in Kom Ombo, Aswan Governorate, this coming Saturday. The...

ADNOC Gas aims to boost processing capacity
2024/12/04

ADNOC Gas aims to boost processing capacity

ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company, has announced plans to significantly enhance its gas processing capabilities. The company aims to...

Morgan Stanley expects status quo on Egypt rates
2024/11/19

Morgan Stanley expects status quo on Egypt rates

Morgan Stanley expects the Central Bank of Egypt to maintain interest rates unchanged at its Monetary Policy Committee meeting the coming Thursday.

Matta Beshay warns of soaring inflation amid fuel price hike
2024/10/21

Matta Beshay warns of soaring inflation amid fuel price hike

Matta Beshay, the head of the Internal Trade Committee at the Importers Division of the Federation of Egyptian Chambers of Commerce, stated that Prime Minister...

Sawiris warns of interest rate impact on real estate
2024/09/29

Sawiris warns of interest rate impact on real estate

Businessman Naguib Sawiris, Chairman of Orascom Telecom Holdings, has identified several new challenges facing the Egyptian real estate sector. Among the most pressing is the...

EGP holds steady against USD in banks, Saturday
2024/09/07

EGP holds steady against USD in banks, Saturday

The US dollar exchange rate remained stable today, Saturday, September 7, 2024, against the Egyptian pound in all banks operating in Egypt, according to 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...

Al-Mashat: Expanding opportunities for Emirati investors
2024/08/19

Al-Mashat: Expanding opportunities for Emirati investors

Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, received Maryam Khalifa Al-Kaabi, Ambassador of the United Arab Emirates and Permanent Representative to...