Ghabbour launches Karry Minivan at EGP 67,000
Karry minivan is produced by the Chinese global brand Cherry, with Ghabbour Auto taking over from Modern Motors as its local Egypt agent six months ago.
New Suzuki Ciaz to launch next week at EGP 122,500
The car’s engine has 4 cylinders with 1400 cc, generating energy of duplicate 107HP with automatic transmission. It includes features like a fingerprint key, centre lock, and more.
Low value of EGP enhances investor appetite
Market analysts expect better foreign investor purchases and higher inflation rates
Egypt seeks pivotal role in energy trade: Al-Sisi
Following 25 January Revolution, Egypt has suffered from recurring power cuts
Falling EGP confirms Central Bank’s optimism, ensures foreign investors: DCode Consulting
On Thursday, the CBE’s Monetary Policy Committee lowered the interest rate for deposits and loans by 50 points in one night, to reach 8.75% and 9.75%, respectively.
Foreign ministry officials meet families of kidnapped Egyptians in Libya
Minister’s assistant assures relatives of the kidnapped of “maximum efforts exerted”
EGP exchange rate drops against dollar
Dollar exchange rate is up 10 piasters in 2 days in Egyptian banks following latest auction by CBE on Sunday to sell $40m at EGP 7.1901 per dollar
‘We are the solution’ initiative is positive step, lacks organisation: Ayman Nour
Morsi’s reign was part of a counterrevolution that started after Mubarak’s ouster, says liberal politician and former presidential candidate
Egyptian citizen allegedly assaulted by Saudi police
Egyptian expatriates stage protests in aftermath of alleged assault