Economy

Egypt participates in launching financing platform between 10 international banks

Egypt participates in launching financing platform between 10 international banks

Minister of International Cooperation and Governor of Egypt at the World Bank Group, Rania al-Mashat, participated in the launch of…
Dollar Exchange Rate Stable at Beginning of Sunday’s Transactions

Dollar Exchange Rate Stable at Beginning of Sunday’s Transactions

The dollar exchange rate was stable at the start of Sunday’s transactions at Egypt’s major banks. At the National Bank…
IMF director: We are committed to supporting Egypt

IMF director: We are committed to supporting Egypt

Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said the fund remains committed to supporting Egypt in going…
Egypt seeks US$145 billion in exports in 2030

Egypt seeks US$145 billion in exports in 2030

Cabinet spokesperson Mohamed al-Hommsani on Saturday explained the details behind Prime Minister Mostafa Madbouly’s visit to the Port Said and…
Egypt signs 14 cooperation agreements with China

Egypt signs 14 cooperation agreements with China

The General Authority for Suez Canal Economic Zone (SCZone) has signed 14 agreements with industrial developers from China. The head…
Significant rise in US dollar price exchange rate

Significant rise in US dollar price exchange rate

Dollar price rises against the Egyptian pound by up to 85 piasters after Eid al-Fitr holiday The dollar price rose…
Egypt among three Arab countries on the list of largest economies in Africa in 2024: IMF

Egypt among three Arab countries on the list of largest economies in Africa in 2024: IMF

Three Arab countries – Egypt, Algeria, and Morocco – are among the top ten largest economies in Africa in 2024,…
CBE raises daily withdrawals to LE30K from ATM machines

CBE raises daily withdrawals to LE30K from ATM machines

The Central Bank of Egypt (CBE) on Monday moved to increase the daily maximum limit for cash withdrawals from ATMs…
Maait talks about int’l applause for Egypt’s economic indicators

Maait talks about int’l applause for Egypt’s economic indicators

Finance Minister Mohamed Maait said there is an international praise for the success of the Egyptian economy in achieving indicators…
Everything you need to know about the new 85% CD from ABK-Egypt

Everything you need to know about the new 85% CD from ABK-Egypt

The Al Ahli Bank of Kuwait – Egypt on Tuesday announced the launch of a three-year certificate of deposit with…
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