Economy

The balance of foreign exchange reserves increased to US$ 34.806 billion by the end of June, compared to US$ 34.660…

The foreign trade data bulletin for April, issued by the Central Agency for Public Mobilization and Statistics, showed an increase…

Speculations have gone viral about the possibility of Egypt devaluing its own currency, despite Egyptian President Abdel Fattah al-Sisi asserting…

Inflation remains a major concern for Egyptians and will lead to a sharp rise in borrowing costs, warned Fitch Solutions,…

On Monday, the last working day for banks in Egypt before the Eid Al-Adha holiday, the prices of many foreign…

An unknown rise in gold prices came before the last Eid al-Fitr holiday, until Prime Minister Mostafa Madbouly met with…

The annual inflation rate in Egypt rose to 32.7 percent in May, from 30.6 percent in April, according to data…

Egypt and the UAE are cooperating to secure land for the biggest wind farm in Africa – and one of…

Journalist and media host Amr Adib addressed viral social media discussion regarding the National Bank of Egypt discussing the issuance…

Citigroup anticipates that the Central Bank of Egypt may resort to delaying the devaluation of the Egyptian pound against the…