Economy

CBE decides to return banks to work at 3 pm instead of 5 pm

CBE decides to return banks to work at 3 pm instead of 5 pm

The Central Bank of Egypt (CBE) announced that banks will resume their normal working hours, until three pm starting Tuesday,…
Egypt and China sign 1st phase of debt-for-development swap program

Egypt and China sign 1st phase of debt-for-development swap program

Minister of Planning, Economic Development and International Cooperation, Rania al-Mashat, and the Chairman of the China International Development Cooperation Agency…
Cabinet Holds Weekly Meeting on Political, Economic, Social Files

Cabinet Holds Weekly Meeting on Political, Economic, Social Files

Prime Minister Mostafa Madbouly chaired the weekly cabinet meeting on Wednesday July 9,2025 at the New Administrative Capital to review…
Egypt’s partnership with BRICS boosts the value of local currency: Expert

Egypt’s partnership with BRICS boosts the value of local currency: Expert

The BRICS 2025 Summit kicked off on Sunday, July 6, in Rio de Janeiro, Brazil. Leaders and heads of emerging…
Egypt’s next IMF tranche in doubt amid slow reforms

Egypt’s next IMF tranche in doubt amid slow reforms

Unexpected developments regarding Egypt’s fifth tranche of the International Monetary Fund (IMF) loan suggest that slow progress on structural reforms…
Egypt set to become regional industrial hub across ME, Africa – PM

Egypt set to become regional industrial hub across ME, Africa – PM

10TH OF RAMADAN CITY, Egypt, June 28 (MENA) – Prime Minister Mostafa Madbouly stressed on Saturday that Egypt is on…
Talks underway to disburse 2nd tranche of European aid to Egypt, worth €4 billion

Talks underway to disburse 2nd tranche of European aid to Egypt, worth €4 billion

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania al-Mashat, held a negotiating meeting with the relevant national authorities…
Egypt ranks 9th globally, 1st in Africa for FDI in 2024

Egypt ranks 9th globally, 1st in Africa for FDI in 2024

Rania al-Mashat, Egypt’s Minister of Planning and Economic Development and International Cooperation, announced the launch of the World Investment Report…
Egypt in advanced talks with Qatar for multi-billion dollar North Coast investment

Egypt in advanced talks with Qatar for multi-billion dollar North Coast investment

Qatar is reportedly engaged in advanced discussions to invest $3.5 billion in a major tourism project along Egypt’s Mediterranean coast,…
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