Economy

The Executive Board of the International Monetary Fund (IMF) on Friday completed the first and second reviews of the extended…

The National Bank of Egypt, the largest government bank in Egypt, intends to invest up to five billion LE during…

The Egyptian Group for Multi-Purpose Terminals Company (EGMPT), the commercial arm of the Egyptian Transport Ministry for maritime transport and…

The Egyptian government has allocated LE596 billion (US$12.66 billion) to the support system, as part of the upcoming draft budget…

The Standard & Poor’s credit rating agency upgraded Egypt’s outlook from stable to positive, affirming its rating at B-. Standard…

The Financial Times reported that a large financial package from the European Union (EU) worth 7.4 billion euros may be…

The Goldman Sachs bank expects a surplus in foreign financing to Egypt worth US$26.5 billion over the next four years,…

The branches of Al-Ahly Exchange, Misr Exchange, and Cairo Exchange, companies affiliated with the three largest government banks, reaped the…

The exchange rate of the US dollar price is witnessing a state of relative calm in Egyptian banks on Thursday,…

Credit rating agency Moody’s announced on Tuesday that it has changed the ratings and estimates of five internationally ranked Egyptian…