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US dollar exchange rate rises in 10 Egyptian banks

US dollar exchange rate rises in 10 Egyptian banks

The US dollar exchange rate continued to rise against the Egyptian pound on Tuesday in 10 banks, officially exceeding the…
Egypt seeks to raise trade exchange with Turkey to US$15 billion annually

Egypt seeks to raise trade exchange with Turkey to US$15 billion annually

Government officials in Egypt and Turkey are aiming to enhance cooperation and raise the volume of trade exchange between the…
Egypt desires for IMF’s work not to impose additional burdens on citizens: Prime Minister

Egypt desires for IMF’s work not to impose additional burdens on citizens: Prime Minister

Egyptian Prime Minister Mostafa Madbouly announced the start of implementing procedures for the fourth review of the International Monetary Fund’s…
Fitch upgrades Egypt’s credit rating to B with stable outlook

Fitch upgrades Egypt’s credit rating to B with stable outlook

Fitch Ratings upgraded Egypt’s credit rating from B- to B with a stable outlook. The credit rating agency said in…
Real estate bubble threatens Egypt’s market: Expert

Real estate bubble threatens Egypt’s market: Expert

Wael Enaba, a capital markets expert, has stated that there is currently a disagreement among experts and analysts regarding the…
Cabinet Approves Re-forming Committee For Managing Foreign Debt File

Cabinet Approves Re-forming Committee For Managing Foreign Debt File

The cabinet approved during its weekly meeting on Wednesday 30/10/2024 under Premier Mostafa Madbouly a draft cabinet decision on re-forming…
Egypt looks forward to positive consultations with IMF mission: Minister

Egypt looks forward to positive consultations with IMF mission: Minister

Minister of Finance Ahmed Kouchouk, concluded his participation in the annual meetings of the International Monetary Fund (IMF) and the…
Three alternatives to compensate for decline in Suez Canal revenues

Three alternatives to compensate for decline in Suez Canal revenues

The Chairman of the Board of Directors of the Commercial International Bank, Hesham Ezz al-Arab, said on Sunday that the…
China directly invests up to $8 billion in Egypt

China directly invests up to $8 billion in Egypt

The General Authority for Investment and Free Zones announced that Chinese companies in Egypt have been able to achieve tangible…
Egypt calls for restructuring debts of middle and low-income countries

Egypt calls for restructuring debts of middle and low-income countries

Egypt called on the international community to restructure the debts of middle and low-income countries, and use the debt swap…
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