economy
Cabinet’s media center highlights efforts to maximize role of SCZONE as pillar of economic growth
Egypt
January 19, 2025
Cabinet’s media center highlights efforts to maximize role of SCZONE as pillar of economic growth
The Cabinet’s media center confirmed that the Suez Canal Economic Zone (SCZONE) has received significant attention from the Egyptian state,…
US dollar exchange rate against Egyptian pound at major banks on Friday
Business
December 27, 2024
US dollar exchange rate against Egyptian pound at major banks on Friday
On Friday, the Egyptian pound exhibited renewed stability against the US dollar, holding onto its most recent decline as reflected…
Egypt repays a total of $38.7 billion in debt during 2024
Egypt
December 26, 2024
Egypt repays a total of $38.7 billion in debt during 2024
Egyptian Prime Minister Mostafa Madbouly confirmed that the amount of debt due in the coming year will be less than…
Egypt to be among the largest economies in the world by 2075: Report
Business
December 24, 2024
Egypt to be among the largest economies in the world by 2075: Report
A recent economic report monitoring the conditions of several African countries predicts that Egypt will become among the largest economies…
Global economic slowdown in 2024 – Cabinet Center
Business
December 23, 2024
Global economic slowdown in 2024 – Cabinet Center
The Cabinet’s Information and Decision Support Center said on Sunday 22/12/2024 a global economy slowdown was reported in 2024 prompted…
Is now a good time to buy gold?
Business
December 19, 2024
Is now a good time to buy gold?
The former secretary-general of the Gold Division, Nageeb Najieb, stated that the best options for investing in gold are the…
D-8 convenes commissioners’ meetings in Cairo
Egypt
December 17, 2024
D-8 convenes commissioners’ meetings in Cairo
The D-8 Organization for Economic Cooperation kicked off on Tuesday the meetings of the 48th session of its commission, in…
“Don’t be alarmed if the exchange rate increases”: Egypt’s Prime Minister
Main Slider
November 29, 2024
“Don’t be alarmed if the exchange rate increases”: Egypt’s Prime Minister
Prime Minister Mostafa Madbouly addressed concerns about the Egyptian pound’s exchange rate during a press conference on Thursday. He assured…
New tax plan – Egypt agrees to 10 new IMF conditions
Business
November 23, 2024
New tax plan – Egypt agrees to 10 new IMF conditions
A mission from the International Monetary Fund (IMF), led by Ivana Vladkova Hollar, issued a statement at the conclusion of…
Central Bank of Egypt announces increase in foreign reserves to $46.94 billion
Business
November 7, 2024
Central Bank of Egypt announces increase in foreign reserves to $46.94 billion
The Central Bank announced an increase in net foreign reserves to US$46.94 billion at the end of October, compared to…