Friday 20 backend.Sep

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Experts: Central Bank unlikely to lower rates at upcoming meeting
2024/07/10

Experts: Central Bank unlikely to lower rates at upcoming meeting

Experts and bankers rule out a decision by the Monetary Policy Committee of the Central Bank of Egypt to lower the interest rate at its...

El-Mashat: New government seizes opportunities, reflects national dialogue
2024/07/10

El-Mashat: New government seizes opportunities, reflects national dialogue

Minister of Planning and Economic Development and International Cooperation, Dr. Rania El-Mashat attended a meeting of the special committee formed by the House of Representatives...

TMG breaks records: EGP 340 billion in sales,  "SouthMed" secures EGP 200 billion
2024/07/09

TMG breaks records: EGP 340 billion in sales, "SouthMed" secures EGP 200 billion

Talaat Moustafa Group (TMG), the prominent Egyptian real estate developer, has achieved remarkable sales of EGP 340 billion (USD 7.1 billion) till July 8, 2024,...

Egypt and Germany sign €103.5 million financial cooperation agreement
2024/07/08

Egypt and Germany sign €103.5 million financial cooperation agreement

Dr. Rania El Mashat, Minister of International Cooperation, and Frank Hartmann, Ambassador of Germany to Egypt, signed a financial cooperation agreement worth 103.5 million euros.

Gold prices in Egypt drop Monday
2024/07/08

Gold prices in Egypt drop Monday

Gold prices in the Egyptian market saw a noticeable decline today, Monday, July 8th, 2024. The price of 21-karat gold, the most popular choice in...

US dollar stabilizes in banks Monday
2024/07/08

US dollar stabilizes in banks Monday

On Monday, the U.S. dollar price stabilized in Egyptian banks. Buying levels ranged from 47.88 to 47.9 Egyptian pounds, while selling levels were between 48...

Talaat Moustafa stock tops active stocks on the exchange in a week
2024/07/07

Talaat Moustafa stock tops active stocks on the exchange in a week

Ten stocks dominated the trading on the stock exchange during the week ending Thursday.

Egypt's foreign reserves hit record high of $46.4 billion
2024/07/07

Egypt's foreign reserves hit record high of $46.4 billion

The Central Bank of Egypt (CBE) announced today, Sunday, that its foreign reserves rose by $260 million to reach $46.4 billion at the end of...