}

Egypt eyes deeper investment ties with US DFC at IMF-World Bank meetings

Egypt’s Minister of Investment and Foreign Trade Mohamed Farid Saleh held talks with senior executives from the US International Development Finance Corporation (DFC) on expanding economic cooperation and exploring investment opportunities aligned with Egypt’s economic targets.

USD/EGP exchange rates above EGP 51 at Egyptian banks

The exchange rate between the USD and EGP reached EGP 51.77 for purchase and EGP 51.87 for sale at Banque Misr and the National Bank of Egypt (NBE) on Thursday, April 15th.

SCZONE inks $2M Turkish-Egyptian trailer project in Ain Sokhna

The General Authority for the Suez Canal Economic Zone (SCZONE) signed a $2 million (EGP 104 million) agreement with the Turkish-Egyptian alliance SAI HYDRAULIC to establish a trailer manufacturing project in the Ain Sokhna Integrated Industrial Zone.

How will the introduction of a new 2-pound coin affect daily buying and selling transactions?