Economy

October 31, 2023

CBE offers new instructions of credit cards outside Egypt

The Central Bank of Egypt issued new instructions to facilitate the use of credit cards abroad, with the aim of overcoming any…

October 29, 2023

The Central Bank of Egypt issued new instructions to facilitate the use of credit cards abroad, with the aim of…

October 23, 2023

Global rating agency Standard & Poor’s on Friday downgraded Egypt’s long-term sovereign rating to “B-” from “B” – indicating increased…

October 18, 2023

Banking expert Mohamed Abdel-al explained that the Central Bank of Egypt’s decision to activate the maximum credit limit granted to…

October 17, 2023

The price of the US dollar continued to stabilize against the Egyptian pound, on Tuesday, at the Central Bank of…

October 17, 2023

Egypt has become the first nation in the Middle East and Africa to issue sustainable international “panda bonds” on the…

October 15, 2023

Finance Minister Mohamed Maait said the ministry is seeking to receive a realistic and analytical vision from international financial institutions…

October 14, 2023

Egypt’s Finance Ministry announced offering up 35 state-owned companies in 19 sectors on IPO from October 2023 to June 2024,…

October 13, 2023

Egypt aims to raise the ratio of taxes to the gross domestic product in accordance with international standards, Finance Minister…

October 10, 2023

The International Monetary Fund lowered its growth forecast for the Egyptian economy during the current fiscal year 2023-2024 to 3.6…