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Turkish investments in Egypt rise up to US$4 billion: Official

Turkish investments in Egypt rise up to US$4 billion: Official

The Head of the Egyptian Commercial Representation and Minister Plenipotentiary for Trade Abdel-Aziz al-Sherif, affirmed that trade and investment relations…
US dollar price in Egypt now returns to its true value: Economist 

US dollar price in Egypt now returns to its true value: Economist 

Economist Sherif Awad explained on Friday that the Central Bank‘s one percent interest rate cut will have a positive impact…
CBE cuts key interest rates by 100 bps

CBE cuts key interest rates by 100 bps

CAIRO, Oct 2 (MENA) – The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided Thursday to…
Qatar to launch massive Red Sea tourism project with St. Regis

Qatar to launch massive Red Sea tourism project with St. Regis

The Qatari Ambassador to Egypt, Tariq Faraj al-Ansari, has revealed that Qatari Diar Real Estate Investment Company is preparing to…
Egyptian expat remittances double in a decade, hitting record $36.5 billion

Egyptian expat remittances double in a decade, hitting record $36.5 billion

The Egyptian Cabinet Media Center has released several infographics highlighting the record surge in remittances from Egyptians working abroad and…
President Sisi orders continued efforts to reduce Egypt’s inflation

President Sisi orders continued efforts to reduce Egypt’s inflation

Egyptian President Abdel Fattah al-Sisi ordered continued efforts to maintain a steady decline in inflation rates. He also directed coordination…
Egypt urges stronger developing country role in global finance, slams Gaza displacement plans

Egypt urges stronger developing country role in global finance, slams Gaza displacement plans

NEW YORK/CAIRO, Sept 27 (MENA) – Minister of Foreign Affairs, Emigration and Expatriates Badr Abdelatty called for unified efforts to…
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…
Egyptian remittances hit record $23.2 billion in first seven months of 2025

Egyptian remittances hit record $23.2 billion in first seven months of 2025

The Central Bank of Egypt announced a 49.7 percent increase in remittances from Egyptians working abroad during the first seven…
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