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Moody’s Analytics warns of Iran war’s impact on Egyptian economy

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

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

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

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

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

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

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

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

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

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…
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