The Egyptian economy

Egypt rejects Indian wheat shipment: Do not compromise with agricultural quarantine requirements

<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" And he said Head of the Egyptian Agricultural QuarantineAhmed Al-Attar, for the website "Sky News Arabia": "We received a request from a company that owns 55 thousand tons of Indian wheat and wants to enter Egyptian portsAfter you were supposed to go to Turkey". Al-Attar indicated that this shipment was … Read more

After raising interest rates in Egypt, what is the future of the 18 percent certificates?

<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" El-Etreby told the website "Sky News Arabia"that "A savings certificate with a fixed monthly return of 18% is ongoing in Banque Misr, and there is no new decision to issue certificates with a return higher than that after the recent decision of the Central Bank to increase Benefit On deposit … Read more

Al-Sisi provokes an interaction with a statement about the interference of Arab brothers, and it would not have happened “without” that

Dubai, United Arab Emirates (CNN) – Egyptian President Abdel Fattah El-Sisi sparked an interaction between activists on social media, following statements in which he stressed the importance of the intervention of some Arab brothers in 2013 and 2014. In a statement to history ????⚡️ Egyptian President #Sisi: Were it not for the intervention of the … Read more

Egypt..Experts comment on the continued exit of foreign investors from the stock exchange

Cairo, Egypt (CNN)– Foreign investors continued to leave the Egyptian Stock Exchange and recorded net sales of 7 billion pounds (378 million dollars) since the beginning of the year, which negatively affected the performance of market indices. Analysts attributed the reasons to external factors, most notably the tendency of foreign funds and institutions to exit … Read more

Egypt moved the price of the pound against the dollar, coinciding with raising the interest rate.. This is what experts told CNN

Dubai, United Arab Emirates (CNN)–The Egyptian government devalued the Egyptian pound, on Monday, and moved its exchange rate against the US dollar, coinciding with an increase in the interest rate to absorb the exit of foreign investment from the country and control the high inflation wave. The average exchange rate of the pound against the … Read more

Xinhua: The Egyptian Family Development Project is a “historic opportunity” to solve the overpopulation crisis

The Chinese (Xinhua) agency confirmed that Egypt faces a “historic opportunity” to solve the problem of overpopulation that it has suffered for decades, through the national project for the development of the Egyptian family, which was launched by the government and provided it with all the factors of success.. The agency indicated that President Abdel … Read more