Business
Moody’s Analytics warns of Iran war’s impact on Egyptian economy
April 11, 2026
Moody’s Analytics warns of Iran war’s impact on Egyptian economy
An economist at Moody’s Analytics, Dominic Bartos, said that the Gulf Cooperation Council (GCC) countries are facing an unprecedented crisis…
Strategic savings: Your guide to latest US and Euro certificate rates
April 10, 2026
Strategic savings: Your guide to latest US and Euro certificate rates
With the Central Bank of Egypt (CBE) maintaining interest rates at 19% for deposits and 20% for loans to combat…
EGX rises as market capitalization gains LE71 bln
April 9, 2026
EGX rises as market capitalization gains LE71 bln
The Egyptian Exchange (EGX) closed higher on Wednesday, April 8, 2026, supported by buying from local, Arab, and foreign institutions…
Investment min. says Egypt, Morocco move towards strategic investment partnerships
April 7, 2026
Investment min. says Egypt, Morocco move towards strategic investment partnerships
Minister of Investment and Foreign Trade Mohamed Farid Saleh said Egypt and Morocco move towards elevating bilateral relations to strategic…
PM: Top priority given to securing funding to meet essential needs
April 6, 2026
PM: Top priority given to securing funding to meet essential needs
Prime Minister Mostafa Madbouly said on Sunday, April 5th, 2026, that the government attaches great importance to securing adequate financing…
Finance min. urges strengthening direct online communication with taxpayers
April 5, 2026
Finance min. urges strengthening direct online communication with taxpayers
Finance Minister Ahmed Kouchouk called for strengthening direct online communication with taxpayers through chatbot, call centers and customer service platforms…
Egypt signs lifeline million-barrel Libyan oil deal to defy Hormuz blockade
April 3, 2026
Egypt signs lifeline million-barrel Libyan oil deal to defy Hormuz blockade
Egypt is planning to import at least one million barrels of Libyan crude oil per month, Bloomberg reported. This strategic…
Central Bank of Egypt maintains current interest rates
April 3, 2026
Central Bank of Egypt maintains current interest rates
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided in its meeting on Thursday, to keep…
Egypt’s gold markets surge amid US-Iran war fluctuations
April 3, 2026
Egypt’s gold markets surge amid US-Iran war fluctuations
Gold prices in Egypt saw a rise on Friday, increasing by an average of LE 15 across various karats. The…
Egypt’s SUMED oil flows jump 150% on Red Sea trade rerouting
April 2, 2026
Egypt’s SUMED oil flows jump 150% on Red Sea trade rerouting
Oil flows through Egypt’s “SUMED” pipeline have surged by 150 percent since the Iranian conflict outbreak, a direct reflection of…