Egyptian economy

Panda bonds may be solution to reduce pressure on US dollar demand in Egypt: Economist
Business

Panda bonds may be solution to reduce pressure on US dollar demand in Egypt: Economist

China has the highest economic growth rate and expansion around the world, Egyptian economist Ahmed Khattab, said, with many nations…
2022 exceptional year at level of economic challenges: Mashat
Egypt

2022 exceptional year at level of economic challenges: Mashat

Minister of International Cooperation Rania al-Mashat on Monday said the year 2022 had been exceptional at the level of economic…
Finance Minister discusses S&P downgrading Egypt’s economic outlook
Business

Finance Minister discusses S&P downgrading Egypt’s economic outlook

Egypt will implement a package of financial, monetary and structural measures to deal with the high external financing needs of…
Egypt sees US$3.75 billion trade balance deficit during June 2022: CAPMAS
Business

Egypt sees US$3.75 billion trade balance deficit during June 2022: CAPMAS

The Central Agency for Public Mobilization and Statistics announced a decrease in the value of the trade balance deficit to…
Egyptian economy 2nd largest Arab and African economy by 2022: IMF
Economy

Egyptian economy 2nd largest Arab and African economy by 2022: IMF

The Cabinet Media Center published an infographic report highlighting expectations from the International Monetary Fund that the Egyptian economy will…
US dollar exchange rate continue to stabilize on Tuesday
Business

US dollar exchange rate continue to stabilize on Tuesday

On Tuesday, US dollar prices witnessed remarkable stability as it recorded LE15.64 for purchase and LE15.74 for sale at Banque…
US dollar exchange rate stable on Monday
Business

US dollar exchange rate stable on Monday

US dollar exchange rate was stable on Monday in several Egyptian banks. In Banque Misr and National Bank of Egypt,…
Finance Minister says Egypt will enter sovereign sukuk market in 2022
Business

Finance Minister says Egypt will enter sovereign sukuk market in 2022

Egyptian Finance Minister Mohamed Maait said that his country will enter the sovereign sukuk market in 2022, explaining that investor…
Egypt among world’s top steel producers in 2020
Egypt

Egypt among world’s top steel producers in 2020

The World Steel Association (Worldsteel) published a report stating that Egypt came in 20th place among the world’s top steel…
Egyptian economy exceeds international expectations, report
Business

Egyptian economy exceeds international expectations, report

The Egyptian government said on Saturday that economic indicators show that the Egyptian economy has exceeded international expectations, thanks to…
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