Economy

Egypt among three Arab Countries on the list of largest economies in Africa in 2024: IMF

Egypt among three Arab Countries on the list of largest economies in Africa in 2024: IMF

Three Arab countries – Egypt, Algeria, and Morocco – are among the top ten largest economies in Africa in 2024,…
CBE raises daily withdrawals to LE30K from ATM machines

CBE raises daily withdrawals to LE30K from ATM machines

The Central Bank of Egypt (CBE) on Monday moved to increase the daily maximum limit for cash withdrawals from ATMs…
Maait talks about int’l applause for Egypt’s economic indicators

Maait talks about int’l applause for Egypt’s economic indicators

Finance Minister Mohamed Maait said there is an international praise for the success of the Egyptian economy in achieving indicators…
Everything you need to know about the new 85% CD from ABK-Egypt

Everything you need to know about the new 85% CD from ABK-Egypt

The Al Ahli Bank of Kuwait – Egypt on Tuesday announced the launch of a three-year certificate of deposit with…
Opening of Moroccan, Canadian markets for Egyptian products: Agriculture Minister

Opening of Moroccan, Canadian markets for Egyptian products: Agriculture Minister

Minister of Agriculture and Land Reclamation, Elsayed Al-Qasir, announced the opening of Morocco’s markets to Egyptian potatoes and the Canadian…
Standard Bank aims to expand in the Middle East through an office in Egypt

Standard Bank aims to expand in the Middle East through an office in Egypt

Standard Bank Group, Africa’s largest bank by assets, plans to open a new office aiming to capitalize on rising trade between…
Egypt’s balance of payments turns into deficit of US$410 million: CBE data

Egypt’s balance of payments turns into deficit of US$410 million: CBE data

The decline in remittances from Egyptians abroad and the decline in petroleum exports has led to the Egyptian balance of…
After a 12-year hiatus, Misrayon & Polyester Fiber Company resumes exports

After a 12-year hiatus, Misrayon & Polyester Fiber Company resumes exports

The Misrayon & Polyester Fiber Company in Kafr al-Dawar city managed to export the first shipment of its production for…
Gold prices in Egypt rise locally on Thursday

Gold prices in Egypt rise locally on Thursday

The price of 21-karat gold reached LE 3,110 in jewelry stores across Egypt. The global price of gold has been…
Back to top button