Economy
New agreements expected to skyrocket Saudi Arabia’s total private sector investments in Egypt to $50 billion
October 17, 2024
New agreements expected to skyrocket Saudi Arabia’s total private sector investments in Egypt to $50 billion
The visit of Saudi Crown Prince Mohammed bin Salman to Cairo on Tuesday has spurred the private sector in the…
Slight fluctuations in dollar exchange rates in Egypt
October 11, 2024
Slight fluctuations in dollar exchange rates in Egypt
The US dollar experienced relative stability against the Egyptian pound on Friday, following an increase of approximately 6 piasters in…
If a regional war breaks out, we will be forced to adopt a “war economy”: Egypt’s Prime Minister
October 10, 2024
If a regional war breaks out, we will be forced to adopt a “war economy”: Egypt’s Prime Minister
Mostafa Madbouly, the Egyptian Prime Minister, revealed on Wednesday, that his country is ready for all scenarios in the event…
House of Representatives approves increasing Egypt’s share in the IMF
October 8, 2024
House of Representatives approves increasing Egypt’s share in the IMF
The House of Representatives approved during a plenary session on Monday increasing Egypt’s share in the International Monetary Fund by…
Egypt eyes $15 billion African export market by 2025
October 6, 2024
Egypt eyes $15 billion African export market by 2025
Amr al-Samadoni, Secretary-General of the International Transport and Logistics Division, emphasized the need for a specific plan to develop the…
US dollar exchange rate against Egyptian pound at major banks
October 4, 2024
US dollar exchange rate against Egyptian pound at major banks
The Egyptian pound maintained its stability against the US dollar on Friday, following a decline on Thursday. Below is a…
PM attends opening of 48th session of Council of Arab Central Banks
October 3, 2024
PM attends opening of 48th session of Council of Arab Central Banks
Prime Minister Moustafa Madbouly attended Monday the opening of the 48th regular session of the Council of Arab Central Banks…
Central Bank of Egypt to meet on October 17 over interest rate
October 2, 2024
Central Bank of Egypt to meet on October 17 over interest rate
The Central Bank of Egypt’s next decision on the interest rate has been highly awaited since the US Federal Reserve…
Arab investments flood Egypt, offering economic lifeline
October 1, 2024
Arab investments flood Egypt, offering economic lifeline
The Central Bank of Egypt (CBE) revealed that Egypt had attracted a net inflow of Arab investments totaling $18.55 billion…
US dollar exchange prices at Egypt banks
September 29, 2024
US dollar exchange prices at Egypt banks
The US dollar exchange rate against the Egyptian pound reached stable rates on Sunday, at the beginning of trading on…