Electricity Ministry may cease negotiations for new equipment purchases following pound flotation
Offers and prices of companies changed after the US dollar exchange rate…
NBE, Banque Misr raise limits on card usage abroad
Vice chairperson of the National Bank of Egypt (NBE) Yehia Aboul Fotouh…
Increased cash support for subsidy cardholders is not enough: expert
Egypt floated its currency on Thursday, allowing it to fall from its…
Long-awaited pound flotation ends market’s long-standing state of suffocation: bank exchange market officials
While this decision has its advantages and disadvantages, it is the only…
30% hike in inflation rate in short term: Beltone Financial
The Central Bank of Egypt (CBE) announced on Thursday that it is…
Government considers 4 scenarios for future provision of electricity subsidies
The government is considering four scenarios for the future provision of electricity…
Taxi drivers intend to submit request to cabinet to increase tariff
The Taxi Drivers and Owners Association intends to submit an official letter…
2 vehicles with bombs located in Cairo
A car bomb went off targeting a judge in Nasr City, and…
Cairo Metro addresses cabinet, again, to increase ticket price to EGP 2
Parliament summon heads of Cairo Metro and Egyptian National Railways to review…
Egyptian pound flotation is a historic decision: bank leaders
Raising interest was important to protect citizens' savings and to face expected…