Business
President Sisi orders revision to Egypt’s program with the IMF
October 21, 2024
President Sisi orders revision to Egypt’s program with the IMF
Egyptian President Abdel Fattah al-Sisi called on the government to review Egypt’s program with the International Monetary Fund (IMF) in…
Standard & Poor’s affirms Egypt’s economy rating and outlook
October 19, 2024
Standard & Poor’s affirms Egypt’s economy rating and outlook
The Standard & Poor’s credit rating agency affirmed its outlook for the Egyptian economy at positive, while maintaining its debt…
Central Bank of Egypt modifies transaction limits on InstaPay application
October 18, 2024
Central Bank of Egypt modifies transaction limits on InstaPay application
The Central Bank of Egypt (CBE) announced on its website that the maximum limits through applications of approved service providers,…
US Dollar rises against Egyptian pound at some Egyptian banks
October 17, 2024
US Dollar rises against Egyptian pound at some Egyptian banks
The US dollar price increased on Thursday against the Egyptian pound in some banks. The US dollar price was recorded…
New agreements expected to skyrocket Saudi Arabia’s total private sector investments in Egypt to $50 billion
October 17, 2024
New agreements expected to skyrocket Saudi Arabia’s total private sector investments in Egypt to $50 billion
The visit of Saudi Crown Prince Mohammed bin Salman to Cairo on Tuesday has spurred the private sector in the…
For 15 days, Egyptian banks open accounts for free without a minimum
October 16, 2024
For 15 days, Egyptian banks open accounts for free without a minimum
The Central Bank of Egypt (CBE) announced opening accounts in banks operating in the local market for free and without…
In a first, Egyptian companies to deliver natural gas to homes in Europe
October 12, 2024
In a first, Egyptian companies to deliver natural gas to homes in Europe
The Egyptian Petroleum Sector, represented by the Egyptian Natural Gas Distribution Company for Cities (Town Gas), has signed contracts to…
Slight fluctuations in dollar exchange rates in Egypt
October 11, 2024
Slight fluctuations in dollar exchange rates in Egypt
The US dollar experienced relative stability against the Egyptian pound on Friday, following an increase of approximately 6 piasters in…
If a regional war breaks out, we will be forced to adopt a “war economy”: Egypt’s Prime Minister
October 10, 2024
If a regional war breaks out, we will be forced to adopt a “war economy”: Egypt’s Prime Minister
Mostafa Madbouly, the Egyptian Prime Minister, revealed on Wednesday, that his country is ready for all scenarios in the event…
Egypt among most important countries helping in growth of African economy
October 9, 2024
Egypt among most important countries helping in growth of African economy
Egypt is among the most important five African countries that help in the growth of the economy of Africa with…