Friday 15 Nov

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Gold prices steady on Monday
2024/08/05

Gold prices steady on Monday

Gold prices remained unchanged at the start of trading today, Monday, holding steady from yesterday's closing levels.

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...

Al-Falih announces shift of Saudi deposits in Egypt to investments
2024/08/01

Al-Falih announces shift of Saudi deposits in Egypt to investments

Saudi Minister of Investment, Khalid Al-Falih, revealed that Saudi Arabia is set to significantly increase its investments in Egypt through its Public Investment Fund (PIF)...

Rania Al-Mashat: Seeking to attract more Saudi investments
2024/08/01

Rania Al-Mashat: Seeking to attract more Saudi investments

Egypt expressed its keenness to forge additional partnerships and investments with Saudi Arabia, particularly in the private sector. This desire aligns with the growing strength...

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.

Gold prices drop slightly on Wednesday
2024/07/31

Gold prices drop slightly on Wednesday

Gold prices in Egypt declined slightly on Wednesday, July 31, 2024, with a EGP 5 per gram drop across all karats. This minor decrease comes...

Cairo crowned tourism capital of Islamic World for 2026
2024/07/31

Cairo crowned tourism capital of Islamic World for 2026

Cairo has been designated as the Tourism Capital for the member states of the Organization of Islamic Cooperation (OIC) in 2026. This announcement was made...

Finance Minister meets international investors in London
2024/07/31

Finance Minister meets international investors in London

Ahmed Kouchouk, Minister of Finance, affirmed that bolstering the role and contributions of both domestic and foreign private sectors in Egypt's economy is a top...