Economy
CBE decides to return banks to work at 3 pm instead of 5 pm
July 16, 2025
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
July 12, 2025
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
July 10, 2025
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
July 7, 2025
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
July 3, 2025
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
June 30, 2025
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
June 21, 2025
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
June 20, 2025
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
June 20, 2025
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,…
Egypt to operate one of Mediterranean’s largest gas wells in June, producing 50 million cubic feet daily
June 19, 2025
Egypt to operate one of Mediterranean’s largest gas wells in June, producing 50 million cubic feet daily
The Egyptian Ministry of Petroleum plans to produce approximately 40 to 50 million cubic feet of natural gas from the…