Egypt's President Abdel Fattah al-Sisi has raised the government employees' minimum wage to 2,400 Egyptian pounds ($152.8) a month from 2,000 pounds.
He also ordered an increase of around 13 percent in pensions.
The decisions were made during a (...)
Egypt has officially joined the U.N. trucking treaty TIR Convention on Monday, a major step in the country's plan to boost trade and stimulate economic development.
The North African country deposited its instrument of accession to the Convention on (...)
The Egyptian finance ministry has published its framework (pdf) for how it plans to use the proceeds of its first ever green bonds, how it selects and evaluates the projects that receive funding, and how this information is publicly disclosed.
In (...)
Amwal Al Ghad on Sunday demonstrates the exchange rates of key global currencies against the Egyptian pound according to the National Bank of Egypt (NBE) as of October 25, 2020.
Key foreign currencies:
Currency Buying Price Selling Price
U.S. (...)
Amwal Al Ghad on Saturday demonstrates the exchange rates of key global currencies against the Egyptian pound according to the National Bank of Egypt (NBE) as of October 24, 2020.
Key foreign currencies:
Currency Buying Price Selling Price
U.S. (...)
Amwal Al Ghad on Sunday demonstrates the exchange rates of key global currencies; U.S. dollar, euro, pound sterling, Kuwaiti dinar, Saudi riyal, and Japanese yen, in major Egyptian banks.
The table below shows the exchange rates of a number of key (...)
Amwal Al Ghad on Saturday demonstrates the exchange rates of key global currencies; U.S. dollar, euro, pound sterling, Kuwaiti dinar, Saudi riyal, and Japanese yen, in major Egyptian banks.
The table below shows the exchange rates of a number of key (...)
Alexandria Customs collected 2.519 billion Egyptian pounds ($155.6 million) in customs duties, taxes, and other charges during May, minister of finance Mohamed Maait said.
The total value of taxes and customs duties collected for imported goods at (...)
Egyptian billionaire Naguib Sawiris said on Tuesday that extending coronavirus shutdowns will mean that half the world will go bankrupt and 2021 will be another challenging year for global economy.
The global economy has already incurred tremendous (...)
Amwal Al Ghad on Saturday demonstrates the exchange rates of key global currencies; U.S. dollar, Kuwaiti dinar, and UAE dirham, in major Egyptian banks.
Bank / Currency U.S. dollar Kuwaiti dinar UAE dirham
Buying price Selling price Buying (...)
Amwal Al Ghad on Monday demonstrates the exchange rates of key global currencies; U.S. dollar, euro, pound sterling, Kuwaiti dinar, Saudi riyal, and UAE dirham, in major Egyptian banks.
The table below shows the exchange rates of a number of key (...)
Amwal Al Ghad on Wednesday demonstrates the exchange rates of key global currencies; U.S. dollar, euro, pound sterling, Kuwaiti dinar, and Saudi riyal, in four Egyptian banks.
The table below shows the exchange rates of a number of key Arab and (...)
Foreign investment in Egyptian treasuries rose to $22 billion by the end of December, Finance Minister Mohamed Maait said on Monday.
Foreign investment in Egyptian government debt instruments was $20 billion at the end of August.
Appetite for (...)
Egypt's budget deficit in the first half of the financial year was 3.8 percent of gross domestic product (GDP), up from 3.6 percent a year earlier, finance minister Mohamed Maait said on Monday.
Much of the widening of the deficit came from spending (...)
Egypt has appointed Hossam Fouad Sadek as executive director of the General Authority for Comprehensive Health Insurance, the finance ministry said in a statement on Wednesday.
Hossam Fouad Sadek, executive director of the General Authority for (...)
Egypt improved by one place to 93rd in the World Economic Forum's 2019 Global Competitiveness Index (GCI).
Launched in 2004, GCI comprises 12 pillars of competitiveness: institutions, infrastructure, macroeconomic environment, health and primary (...)