Economy

A government source said on Sunday that Egypt has paid one billion dollars in overdue dues to foreign oil companies…

Egyptian Minister of Supply and Internal Trade Sherif Farouk told Al-Masry Al-Youm, on the sidelines of the annual conference of…

Egyptian Ministry of Petroleum and Mineral Resources and the government of the Fujairah Emirate in the UAE began implementing the…

Economists have attributed the recent rise in the US dollar against the Egyptian pound to a combination of domestic and…

Cabinet Spokesperson Counselor Mohamed al-Hamasy stated that Prime Minister Mostafa Madbouly clearly indicated in the weekly press conference that Egypt…

The Central Bank announced an increase in net foreign reserves to US$46.94 billion at the end of October, compared to…

Egyptian Prime Minister Mostafa Madbouly announced the start of implementing procedures for the fourth review of the International Monetary Fund’s…

Fitch Ratings upgraded Egypt’s credit rating from B- to B with a stable outlook. The credit rating agency said in…

Wael Enaba, a capital markets expert, has stated that there is currently a disagreement among experts and analysts regarding the…

Minister of Finance Ahmed Kouchouk, concluded his participation in the annual meetings of the International Monetary Fund (IMF) and the…