Economy

Egypt secures fourth tranche of Japanese funding for Cairo Metro Line 4

Egypt secures fourth tranche of Japanese funding for Cairo Metro Line 4

Egypt and Japan have signed the exchanged letters and a financing agreement for the fourth tranche of the Greater Cairo…
Everything you need to know about the prices of iPhone 17 series in Egypt

Everything you need to know about the prices of iPhone 17 series in Egypt

Starting Friday, the Egyptian market is ready to receive pre-orders for the new iPhone 17 series. Consumers can place a…
Sawiris demands government offer employees 40-year apartment installments

Sawiris demands government offer employees 40-year apartment installments

In a televised interview on the “Hadret al-Mowaten” program, businessman Naguib Sawiris commented on the significant recent increase in real…
Gold heads for fourth weekly gain amid rate cut expectations

Gold heads for fourth weekly gain amid rate cut expectations

Global gold prices rose during early trading on Friday, heading for their fourth consecutive weekly increase. The growing concerns about…
No electricity price hike: Egypt’s Prime Minister

No electricity price hike: Egypt’s Prime Minister

Prime Minister Mostafa Madbouly affirmed that there is currently no increase in electricity prices. During a government press conference on…
Egypt launches massive LE 900 billion tourism project on Red Sea coast

Egypt launches massive LE 900 billion tourism project on Red Sea coast

Prime Minister Mostafa Madbouly on Monday evening witnessed the signing of partnership contracts between the Egyptian government, Emaar Misr and…
Egypt plans to reduce its debt to lowest level in history: PM

Egypt plans to reduce its debt to lowest level in history: PM

Prime Minister Mostafa Madbouly announced that Egypt is currently aiming to achieve the lowest debt reduction in its history, RT…
Egypts slams Israeli threats as gas agreement hangs in the balance

Egypts slams Israeli threats as gas agreement hangs in the balance

Diaa Rashwan, head of the Egyptian State Information Service, commented on Israeli reports that Prime Minister Benjamin Netanyahu had directed…
National Bank of Egypt reduces number of dollar-denominated certificates of deposit

National Bank of Egypt reduces number of dollar-denominated certificates of deposit

The National Bank of Egypt (NBE) announced the suspension of some certificates of deposit in various foreign currencies (dollars, euros,…
Economic expert reveals impact of Central Bank of Egypt’s recent decision

Economic expert reveals impact of Central Bank of Egypt’s recent decision

Economic expert Mohamed Fouad hailed the Central Bank of Egypt‘s (CBE) decision to reduce interest rates, given the decline in…
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