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Egyptian Stock Exchange registers record gains in May 2024, main index jumps 10.12 percent
Economy

Egyptian Stock Exchange registers record gains in May 2024, main index jumps 10.12 percent

The Egyptian Stock Exchange achieved record gains in May 2024, supported by strong purchases of stocks in many sectors against…
NilePreneurs: LE2bn increase in sales of beneficiary companies within 5 years
Egypt

NilePreneurs: LE2bn increase in sales of beneficiary companies within 5 years

The NilePreneurs Initiative, which is powered by the Central Bank of Egypt (CBE) and the banking sector, Saturday 10/02/2024 said…
Banking expert explains differences between clean and dirty float
Economy

Banking expert explains differences between clean and dirty float

Banking expert Hany Abul-Fotouh explained that the exchange rate policies followed globally involve either linking the country’s currency to another…
IMF determines agreement with Egypt regarding tranches of existing loan and additional financing
Main Slider

IMF determines agreement with Egypt regarding tranches of existing loan and additional financing

The Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), Jihad Azour, said that…
“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt
Business

“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt

A member of the House of Representatives, Abu Abbas Farhat Turki, a submitted a briefing request to the Speaker of…
GAFI head: Egypt ranked first in Africa in terms of incoming foreign direct investments in 2022
Business

GAFI head: Egypt ranked first in Africa in terms of incoming foreign direct investments in 2022

CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said Egypt was ranked first in Africa…
Investment file is Egypt’s top priority during current phase: PM
Egypt

Investment file is Egypt’s top priority during current phase: PM

The investment file is Egypt’s top priority during this stage, affirmed Prime Minister Moustafa Madbouly.  The government is working through…
IDSC says EGX leading financial institution in terms of capital market sustainability
Egypt

IDSC says EGX leading financial institution in terms of capital market sustainability

The Cabinet’s Information and Decision Support Center (IDSC) has stated that the Egyptian Exchange (EGX) is considered one of the…
Finance Minister: Committed to achieving goals of current fiscal year
Egypt

Finance Minister: Committed to achieving goals of current fiscal year

The Finance Ministry is committed to achieving all goals set for the current fiscal year, which ends in June, despite…
Official gazette publishes PM’s decision on minimum wages of civil servants
Egypt

Official gazette publishes PM’s decision on minimum wages of civil servants

The official gazette published on Tuesday a decision issued by Prime Minister Moustafa Madbouli last week to amend some provisions…
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