Economy

Several Egyptian banks on Wednesday increased fees for using payment and credit cards abroad from three percent to six percent,…

The Egyptian Minister of Trade and Industry Ahmed Samir announced that Egypt has concluded its first trade deal within the…

Egyptian billionaire Naguib Sawiris plans to establish four hotels in Egypt, with investments ranging between US$200 and $300 million through…

Finance Minister Mohamed Maait said Wednesday that President Abdel Fattah al-Sisi is reshaping Egypt’s economy by empowering the private sector,…

  Member of the Egyptian-Kuwaiti Cooperation Council, Ahmed Kilany, said that the volume of Kuwaiti investments in Egypt exceeds US$…

The Saudi Egyptian Investment Company (SEIC), which is affiliated with the Saudi Public Investment Fund (the sovereign fund), acquired a…

The Central Bank of Egypt announced that the net foreign assets deficit in the banking sector increased by about fiv…

The NilePreneurs Compete Initiative – one of the initiatives of the Central Bank of Egypt and implemented by Nile University…

The Chairman of the General Authority for the Suez Canal Economic Zone (SCZONE) Walid Gamal Eddin, held a meeting with…

The Central Bank of Egypt decided on Saturday to raise the required reserve ratio in banks from 14 percent to…