The US dollar shortage has stimulated price hikes in the Egyptian market, creating poor economic conditions that …
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local
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Egypt News
Egypt’s Ministry of aviation grants permission for more low-cost internal flights
by aya salahby aya salahThe Civil Aviation Ministry has granted permission for several local airlines to provide cheap flights between Egyptian …
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Egypt’s government has bought 4.711 million tonnes of local wheat since the start of the season on …
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Egypt’s government has bought 4.464 million tonnes of local wheat since the start of the season on …
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The dollar hovered near its highest level in two months against a basket of currencies on Tuesday …
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Industry & Trade
Supply ministry purchases 20,000 tonnes of rice to face Egypt’s deficit
by Noha Gadby Noha GadEgyptian Ministry of Supply signed contracts of purchasing 20,000 tonnes of local rice recently to be injected …
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Citigroup Inc and U.S. Bancorp have agreed to sell Brazilian card payment processing joint venture Elavon do …
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A delegation of French businessmen and representatives of companies operating in construction, financial institutions and consultancy sectors …
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International News
Indian temple fire kills nearly 80, triggered by fireworks display
by Noha Gadby Noha GadA huge fire swept through a temple in India’s southern Kerala state early on Sunday, killing nearly …
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Real Estate
Egypt’s banks pumped US$225mn among CBE’s mortgage initiative in 2 years
by aya salahby aya salahEgypt’s local banks injected 2 billion Egyptian pounds (US$225 million) in favour of the central bank’s low-income …