Business
Gold prices soar to historic high in Egypt
April 21, 2025
Gold prices soar to historic high in Egypt
Gold prices in the Egyptian local market reached unprecedented levels on Monday, with the popular 21-karat gold exceeding the 4800…
Egypt takes over chairmanship of AfCFTA council of trade ministers
April 20, 2025
Egypt takes over chairmanship of AfCFTA council of trade ministers
CAIRO, April 19 (MENA) – Egypt’s Ambassador in Congo Hisham Hisham al-Makoud has participated in a ceremony to hand over…
Highest CDs returns in Egyptian banks after CBE cut interest rate
April 19, 2025
Highest CDs returns in Egyptian banks after CBE cut interest rate
The Central Bank of Egypt (CBE) has decided to cut interest rates on Thursday by 225 basis points, bringing the…
Will the US dollar rise after the CBE cut interest rates?
April 19, 2025
Will the US dollar rise after the CBE cut interest rates?
Economic expert Mohamed Fouad revealed the impact of the Central Bank of Egypt‘s (CBE) recent decision to reduce interest rates…
Egyptian banks cut interest rates on variable certificates following Central Bank move
April 18, 2025
Egyptian banks cut interest rates on variable certificates following Central Bank move
In an automatic move responding to the Central Bank of Egypt’s reduction of key interest rates, banks operating in Egypt…
Kuwait to provide Egypt with massive investments in 7 vital sectors
April 16, 2025
Kuwait to provide Egypt with massive investments in 7 vital sectors
Kuwait announced its intentions to make major investments in Egypt and capitalize on its investment opportunities following Egyptian President Abdel…
Central Bank of Egypt to cut interest rates, expert says
April 16, 2025
Central Bank of Egypt to cut interest rates, expert says
Banking expert Tarek Metwally anticipates the Central Bank of Egypt (CBE) to cut interest rates by 200 basis points (equivalent…
Egypt, Qatar affirm commitment to fostering economic partnership
April 15, 2025
Egypt, Qatar affirm commitment to fostering economic partnership
Egypt and Qatar on Monday issued a joint statement affirming their commitment to strengthening their economic partnership and continuing efforts…
Top 10 countries with the largest gold reserves in the world
April 14, 2025
Top 10 countries with the largest gold reserves in the world
A “safe haven” – this is how many view gold, which they use as a reliable tool to hedge against…
Standard & Poor’s revises its outlook for Egypt
April 12, 2025
Standard & Poor’s revises its outlook for Egypt
Standard & Poor’s has revised its outlook for Egypt to stable, and affirmed its credit rating at ‘B-/B’. The agency…