money

Egypt launches new stage of National Strategy for money laundering
Egypt

Egypt launches new stage of National Strategy for money laundering

The National Strategy for Money Laundering and Terrorism financing aims at boosting the national economy and achieving goals of sustainable…
Egypt keen on attracting more foreign investments: Finance min
Egypt

Egypt keen on attracting more foreign investments: Finance min

Minister of Finance Mohamed Maait asserted on Wednesday Egypt’s keenness on effective contribution facilitating the international trade movement and attracting…
Pakistani rupee plummets as markets adjust to removal of unofficial controls
World

Pakistani rupee plummets as markets adjust to removal of unofficial controls

The Pakistani rupee fell 9.6% against the dollar on Thursday, central bank data showed — the biggest one-day drop in…
Finance min: Societal dialogue on new budget to be launched in coming few days
Egypt

Finance min: Societal dialogue on new budget to be launched in coming few days

Finance Minister Mohamed Maait said that a societal dialogue on the 2023/2024 budget will be launched in the coming few…
ITFC to provide US$1.5 billion to Egypt during 2023
Economy

ITFC to provide US$1.5 billion to Egypt during 2023

Minister of Planning and Economic Development, and Governor of Egypt at the Islamic Development Bank Group, Hala al-Saeed announced that…
CBE cancels fees on bank transfer and mobile wallet
Egypt

CBE cancels fees on bank transfer and mobile wallet

The Board of Directors of the Central Bank of Egypt has chosen to exempt customers dealing with electronic payment and…
Limiting use of bank cards abroad prevents manipulation, says Egyptian expert
Egypt

Limiting use of bank cards abroad prevents manipulation, says Egyptian expert

Egyptian economist Hani Abul-Fotouh said that the withdrawal of foreign currency from outside the country using Egyptian bank cards is…
Gov’t: IMF’s approval of new support package reflects confidence in Egypt’s ability to meet int’l obligations
Egypt

Gov’t: IMF’s approval of new support package reflects confidence in Egypt’s ability to meet int’l obligations

The International Monetary Fund’s (IMF) recent approval of Egypt’s comprehensive national economic reform program is a further confirmation of the…
CBE to receive billion dollars from RSF in January
Business

CBE to receive billion dollars from RSF in January

Informed sources said that the loan decided by the Resilience and Sustainability Facility (RSF), of the International Monetary Fund recently…
Soaring food prices in Egypt to ease soon, assure officials
Egypt

Soaring food prices in Egypt to ease soon, assure officials

Members of the Egyptian chambers of commerce announced that the soaring prices of several commodities in the Egyptian market is…
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