The European Union (EU) is set to disburse €1.5 billion to Egypt this June to support the country’s economic reform objectives, President of the European Commission Ursula von der Leyen said.
The European Union (EU) is set to disburse €1.5 billion to Egypt this June to support the country’s economic reform objectives, President of the European Commission Ursula von der Leyen said.
The exchange rate between the USD and EGP recorded EGP 50.17 for buying and EGP 50.27 for selling at the National Bank of Egypt (NBE) and Banque Misr on Tuesday, June 16th.
Pickalbatros Group has secured a $200 million loan from the World Bank to support the expansion of its hotel portfolio in Morocco, Chairman Kamel Abou Ali told Asharq Business.
Oil tanker traffic through Egypt’s Suez Canal jumped by nearly one-third in April, as the Strait of Hormuz closure boosted demand for the Red Sea shipping route.
