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Gold prices rise as US dollar drops

Gold prices rise as US dollar drops

Gold prices advanced on Thursday, buoyed by a softer US dollar as investors closely await key inflation data out of…
Will the Central Bank raise interest rates at its upcoming meeting?

Will the Central Bank raise interest rates at its upcoming meeting?

Expectations are growing that central banks globally will move to raise interest rates to hedge against an inflationary wave triggered…
Egypt’s economy records 5.1% growth in 2025/2026

Egypt’s economy records 5.1% growth in 2025/2026

Egypt’s economy grew 5.1 percent in the 2025/2026 fiscal year, exceeding forecasts by major international financial institutions, Minister of Planning…
Egypt, Dubai chambers discuss boosting joint investments

Egypt, Dubai chambers discuss boosting joint investments

CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed Awad, and CEO of Dubai Chambers Mohamed Ali…
Egypt’s foreign currency reserve up to US$ 57.214 billion in August

Egypt’s foreign currency reserve up to US$ 57.214 billion in August

The Central Bank of Egypt (CBE) announced that total international reserves rose to US$ 57.214 billion at the end of…
When will old lease contracts expire? Everything you need to know

When will old lease contracts expire? Everything you need to know

As the expiration deadline for old lease contracts approaches for legal entities, interest amongst landlords and tenants alike has risen…
Sungrow deepens long-term commitment to Egypt with new energy storage facility

Sungrow deepens long-term commitment to Egypt with new energy storage facility

Sungrow recently launched its energy storage manufacturing facility in Egypt’s Suez Canal Economic Zone, with a planned annual production capacity…
Petroleum Minister highlights refining, transport upgrades to secure energy supplies

Petroleum Minister highlights refining, transport upgrades to secure energy supplies

Minister of Petroleum and Mineral Resources Karim Badawi affirmed that upgrading infrastructure in the petroleum sector represents a key pillar…
GAFI chief: Egypt seeks to turn partnership with Italy into joint projects, investments

GAFI chief: Egypt seeks to turn partnership with Italy into joint projects, investments

CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed Awad said Egypt seeks to translate its strategic…
InstaPay users warned of new phishing scam targeting bank accounts

InstaPay users warned of new phishing scam targeting bank accounts

Cybersecurity expert Mostafa Rahim has issued a stern warning over rising AI-powered phishing scams targeting users of financial applications, particularly…
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