Minister of Supply and Internal Trade Sherif Farouk confirmed that the price of subsidized bread will not be affected by the recent hike in diesel prices, remaining unchanged at EGP 0.20 per loaf.
The gold prices in Egypt stabilized on Wednesday, despite higher oil prices, as per Dahab Misr’s data by 1:11 PM.
The USD recorded EGP 51.95 for buying and EGP 52.05 for selling at Commercial International Bank Egypt (CIB) and the National Bank of Egypt (NBE) on Wednesday.
Arab Company for Projects and Urban Development, a subsidiary of Talaat Moustafa Group (TMG), has participated in establishing the Awamed Real Estate Investment Fund, in partnership with CI Capital.
Auto sales in Egypt grew by 39% year-on-year (YoY) in January 2026, reaching 14,100 vehicles, according to a report by the Automotive Market Information Council (AMIC).