Prime Minister Mostafa Madbouly said Egypt is fully prepared for all scenarios amid regional war, affirming that the government is working on a comprehensive plan to ensure uninterrupted power supply
The Egyptian Exchange (EGX) closed Wednesday’s session with a varied performance, as the EGX30 index fell by 0.59% to 46,452.14 points.
The exchange rate between the US dollar and EGP recorded EGP 50.14 for buying and EGP 50.24 for selling at Banque Misr and the National Bank of Egypt (NBE) on Wednesday.
The Ministry of Tourism and Antiquities received 244 requests to support the expansion of Egypt's hotel capacity with investments estimated at EGP 16 billion, Minister Sherif Fathi announced.
Osama Rabie, Chairman of the Suez Canal Authority (SCA), confirmed that navigation through the Suez Canal is operating normally in both directions despite regional tensions.