Updated Monday 1/16/2023 12:09 PM Abu Dhabi time The price of the Saudi riyal varied today in Egypt on the morning of Monday, January 16, 2023, at the Central Bank, while it settled in banks and money changers. The importance of the Saudi riyal in the Egyptian exchange market is due to its association with the Umrah and Hajj seasons for Egyptians, as well as the growing trade relations between Egypt and Saudi Arabia. The value of trade exchange between Egypt and Saudi Arabia reached $9.1 billion in 2021, an increase of 62.1%, compared to 2020; The value of trade exchange between the two countries amounted to $5.6 billion, according to data from the Central Agency for Public Mobilization and Statistics in Egypt. Saudi Arabia has also pledged $10 billion in investments in sectors such as health care, education and agriculture. It has already acquired state-owned stakes in 4 Egyptian companies listed on the stock exchange for $1.3 billion, and has deposited $5 billion in the country’s central bank, helping to ease Egypt’s financing needs next year by more than $35 billion. Terms of reference for the apartments of Dar Misr, Housing Misr, and Jannah.. Allotment is on a first-come-first-served basis The Egyptian economy was severely affected by the Russian-Ukrainian crisis and the exit of billions of dollars from government debt instruments, which led to a scarcity of hard currency. The price of the Saudi riyal against the Egyptian pound The price of the Saudi riyal varied today in Egypt at the beginning of the Central Bank’s dealings; It rose to about 7.86 pounds for buying, while it settled at 7.88 pounds for selling, compared to 7.85 pounds for buying and 7.88 pounds for selling yesterday. While the average price of the riyal today in exchange companies recorded about 7.82 pounds for purchase and 8.17 pounds for sale. The dollar shock jumped the bread subsidy bill in Egypt.. How much was the increase? The price of the Saudi riyal today in Egyptian banks Abu Dhabi Islamic: 7.87 pounds for purchase – 7.88 pounds for sale Egyptian Gulf: 7.82 pounds for purchase – 7.89 pounds for sale Al Ahli Kuwaiti: 7.86 pounds for purchase – 7.89 pounds for sale Alexandria: 7.85 pounds for purchase – 7.89 pounds for sale Stop ration cards in Egypt.. The government reveals the truth about the “messages” The price of the Saudi riyal in the National Bank of Egypt The price of the Saudi riyal in the early trading today at the National Bank of Egypt maintained its level at 7.84 pounds for purchase and 7.86 pounds for sale. The price of the Saudi riyal against the pound in Banque Misr today, as the riyal price stabilized at the beginning of Banque Misr’s dealings today, at the level of 7.84 pounds for purchase, and 7.86 pounds for sale. The price of the Saudi riyal today at CIB Bank, just as the price of the Saudi riyal did not change today morning at the Commercial International Bank CIB (the largest private bank in Egypt); To trade stable at 7.82 pounds for buying, and 7.88 pounds for selling.
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