
News - Egypt News

Poultry prices today, Sunday 12-3-2023 am, for the consumer | Prices are rising slightly
A slight increase was recorded in the prices of white chicks. The following is a list of poultry prices for Sunday 12-3-2023 AM for the consumer:
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Egypt: Poultry and egg prices rise despite the decline in feed prices
On Friday, November 17, 2023, the Egyptian markets recorded a new increase in the prices of poultry and eggs, despite the recent decline in feed prices.
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CIB obtained a $150 million loan from the European Bank for Reconstruction and Development.
The European Bank for Reconstruction and Development announced that it has granted the Commercial International Bank - Egypt a loan worth $150 million.
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The Cabinet approved procedures for issuing new Japanese “Samurai” bonds.
The Cabinet approved the measures taken to issue the new batch of Japanese samurai bonds.
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The Egyptian Stock Exchange witnessed strong gains, amid optimism that the foreign exchange crisis will soon be resolved.
The Egyptian Stock Exchange recorded strong gains at the close of trading on Thursday. This increase is due to the strong demand witnessed by Arab institutions and investment funds. This rise comes in light of optimism about resolving the foreign exchange crisis, in light of the efforts made by the government and the Central Bank, especially in accelerating the government proposals programme.
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Increase in Daily Transaction Limits for Payment Cards and Mobile Phone Services by the Central Bank of Egypt
The Central Bank of Egypt increased the daily and monthly limits for financial transactions through bank accounts that support financial inclusion, in addition to prepaid payment cards and mobile payment services.
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Head of the Poultry Division in Egypt: Increased production costs during the winter.
Dr. Abdel Aziz Al-Sayed, Head of the Poultry Division, reported that poultry prices fell by 6 pounds, after the decline in feed prices. Chicken prices have now reached an average of 61 to 62 pounds.
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The Council of Ministers is in talks to resolve financial complications between the National Investment Company and the Egyptian Post.
Meeting Held to Discuss Financial Procedures Between National Investment Bank and National Postal Authority Under the leadership of Dr. Mostafa Madbouly, Prime Minister of Egypt, a meeting was conducted to review the status of financial clarification procedures between the National Investment Bank and the National Postal Authority. The meeting included senior officials from both organizations, as well as the Ministers of Planning and Economic Development, Communications and Information Technology.
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“Debit card crisis” in Egypt: What sectors are affected?
The decision to stop the use of direct debit cards for customers outside the country, and their use inside Egypt, imposes pressure on many sectors, including: the technology sector, e-commerce, and the family sector.
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