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Economy Country 2026-01-24T22:48:44+00:00

Egyptian Banks Publish Weekend Exchange Rates

Egyptian banks revealed the exchange rates for foreign currencies against the pound, which were in effect during the Friday and Saturday holidays.

Egyptian Banks Publish Weekend Exchange Rates

Egyptian banks, at the close of the business week on Thursday, revealed the exchange rates for foreign currencies against the pound, which were in effect during the Friday and Saturday holidays.

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Egypt and China Sign Agreement on Battery Cell Production
2026-01-25T13:08:48+00:00

Egypt and China Sign Agreement on Battery Cell Production

The Egyptian Cabinet's Media Center announced the signing of a strategic agreement between Egypt and China to localize the production of energy storage battery cells. This step aims to strengthen economic ties and develop the high-tech sector.
Economy Politics Country
Egypt Cancels Customs Exemptions for Imported Phones
2026-01-25T10:21:17+00:00

Egypt Cancels Customs Exemptions for Imported Phones

Head of Egyptian Customs confirms the cancellation of exemptions on imported phones, explaining it's a temporary measure to protect local industry and regulate the market, aimed at Egyptians abroad.
Economy Politics Country
Growing Demand for Old Phones in Egypt for Gold Extraction
2026-01-24T23:58:15+00:00

Growing Demand for Old Phones in Egypt for Gold Extraction

In Egypt, there is a growing demand for old and damaged mobile phones to extract gold from their components. Traders report rising prices for boards from broken devices, linking this to the rising cost of gold and the development of new recycling technologies. Chinese scientists have developed an innovative method that could change the industry.
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