money
NilePreneurs: LE2bn increase in sales of beneficiary companies within 5 years
Egypt
February 11, 2024
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
February 5, 2024
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
February 1, 2024
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
December 21, 2023
“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
September 2, 2023
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
June 14, 2023
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
May 22, 2023
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
May 9, 2023
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
April 12, 2023
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…
Bourse gains EGP 18 bln, all indexes up
Egypt
April 3, 2023
Bourse gains EGP 18 bln, all indexes up
Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday’s trading session, backed by purchases by Egyptian financial…