Money

LE 2.1 M disbursed to needy families ahead of Eidul Adha: minister

Fri, 24 Jul 2020 - 12:09 GMT

In press statements, Qabbag said branches of the general establishment for social solidarity spread across Egypt and are working on offering aid to the neediest families.

2 suspects arrested over counterfeiting of Egyptian banknotes

Tue, 12 May 2020 - 03:53 GMT

The police arrested two individuals suspected of money counterfeiting, particularly the LE20 and LE100 banknotes.

Leaked phone calls unveil corruption of the Erdogans

Sun, 29 Sep 2019 - 11:28 GMT

Extra News TV channel broadcast on Saturday a compilation of leaked phone calls that took place in December 2013 between Turkish President Recep Tayip Erdogan and his son Bilal.

Euro zone lending steady, money supply growth picks up: ECB

Mon, 01 Jul 2019 - 09:37 GMT

Euro zone lending growth held steady in May while a broader money supply indicator.

Coin machine installed in main post office

Wed, 05 Jun 2019 - 11:58 GMT

The Mint Authority announced on Wednesday installing a machine to change cash for coin in the main post office in Ataba.

Egypt achieves primary surplus of LE 35.5B, budget deficit of 5.3%

Tue, 07 May 2019 - 11:15 GMT

The finance minister affirmed that Egypt will achieve the target growth rate of 5.6 percent by the end of the current fiscal year.

No increase in income taxes: Finance Ministry asserts

Fri, 14 Sep 2018 - 07:55 GMT

The Ministry of Finance denied the rumors concerning raising tax value on the citizens’ incomes.

Sisi ratifies law granting two bonuses for workers

Sat, 23 Jun 2018 - 09:04 GMT

President Sisi issued Saturday a law that stipulates granting a special allowance and a bonus to state employees, after being ratified by the Parliament.

North Korea: An overlooked investment opportunity

Sat, 23 Jun 2018 - 02:08 GMT

A recent turn away from full-blown aggressive behaviour between North Korea and the United States, as well as the rest of the world, has left many wondering about the investment opportunities within the country.

Interior Min. arrests 22 charged with seizing LE 47m from Egyptians' savings

Fri, 19 Jan 2018 - 01:48 GMT

The Ministry of Interior arrested 22 people, who seized LE 47 million from 149 citizens

Michael Jackson is Forbes top-earning dead celebrity

Fri, 03 Nov 2017 - 10:45 GMT

Even in the afterlife, pop superstar Michael Jackson is still one of the world’s highest earning celebrities.

French, Qatari candidates convene "suspiciously" at UNESCO HQ

Wed, 11 Oct 2017 - 05:10 GMT

The Qatari candidate Hamad bin Abdul Aziz Al-Kawari and the French candidate Audrey Azoulay convened in what can be described as a suspicious meeting.

China's bitcoin market alive and well as traders defy crackdown

Fri, 29 Sep 2017 - 11:49 GMT

Weeks after Beijing banned fundraising through token launches and ordered some bitcoin exchanges to shut.

Business news wrap-up

Mon, 18 Sep 2017 - 04:29 GMT

Daily round up of major business and economy news .

CAI Customs seize $150K while attempting smuggle

Wed, 13 Sep 2017 - 10:13 GMT

The Cairo International Airport Customs arrested a passenger while attempting to smuggle €150,000 ($179,578.50) from Paris on Wednesday.

Egypt's M2 money supply up 38.74% YoY in July: CBE

Wed, 30 Aug 2017 - 11:34 GMT

gypt’s M2 money supply was up 38.74 percent at the end of July from a year earlier.

5 celebrities suffering financially

Thu, 27 Jul 2017 - 11:48 GMT

We usually think of celebrities as luxurious beings sleeping on feather but what you might not know that many celebrities go through horrific financial crises!

Flaws in banks’ security in Egypt

Sun, 16 Jul 2017 - 08:37 GMT

After a gunman made away with LE 900,000 from the Egyptian Exchange Co.

How to utilize your income

Sun, 16 Jul 2017 - 08:29 GMT

What people tend to do to make a living is to stick to the safe and known

World stock markets dip with oil price, sterling firms

Mon, 05 Jun 2017 - 04:23 GMT

World equity markets dipped with oil prices on Monday amid concerns a diplomatic rift among some key Middle Eastern energy producers may weaken a pact on output cuts.

More