Business
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…
US dollar and other currencies weaken against the Egyptian pound on Thursday
September 26, 2024
US dollar and other currencies weaken against the Egyptian pound on Thursday
The Egyptian pound has gained significant strength against major currencies on Thursday. In mid-day trading at the National Bank of…
Gold up 6.4% since the beginning of September
September 26, 2024
Gold up 6.4% since the beginning of September
Gold prices have risen by 6.4 percent since the beginning of September, on track to record its third consecutive monthly…
Egypt sets new record in exports for engineering goods
September 26, 2024
Egypt sets new record in exports for engineering goods
The Egyptian Engineering Export Council has announced a significant 27.3 percent increase in the sector’s exports from January to August,…
Experts call on Egypt’s government to wait on issuing international bonds
September 23, 2024
Experts call on Egypt’s government to wait on issuing international bonds
Observers and analysts called on the Egyptian government to wait on issuing international bonds until the vision becomes clearer regarding…
Finance Minister says Egypt’s economic situation “reassuring”
September 21, 2024
Finance Minister says Egypt’s economic situation “reassuring”
Finance Minister Ahmed Kouchouk affirmed Friday 20/9/2024 that Egypt’s economic situation is “reassuring” as reflected in positive budget performance indicators…
Turkish factory opens in Egypt with $110 Million investment
September 19, 2024
Turkish factory opens in Egypt with $110 Million investment
A new Turkish factory was inaugurated in the Tenth of Ramadan City, east of Cairo, on Wednesday with investments totaling…
Saudi Arabia to inject $5 billion in investments into Egypt as a first phase
September 18, 2024
Saudi Arabia to inject $5 billion in investments into Egypt as a first phase
The Crown Prince of Saudi Arabia met with Egyptian Prime Minister Mostafa Madbouly to explore available investment opportunities between both…