Economy
Planning Minister says IsDB’s new strategy approved at critical timing
May 26, 2025
Planning Minister says IsDB’s new strategy approved at critical timing
Egyptian Minister of Planning, Economic Development and International Cooperation, and Egypt’s Governor to the Islamic Development Bank (IsDB) Group, Rania…
US dollar in decline, stock prices suffer 3% loss
May 25, 2025
US dollar in decline, stock prices suffer 3% loss
Major stock indices fell on Friday, with the US dollar now trading sharply lower after US President Donald Trump issued…
Sisi ratifies final accounts for FY 2023–2024 budgets of several authorities
May 24, 2025
Sisi ratifies final accounts for FY 2023–2024 budgets of several authorities
CAIRO, May 22 (MENA) – President Abdel Fattah al-Sisi has ratified laws approving the final accounts for the budgets of…
Central Bank of Egypt cuts key interest rates
May 23, 2025
Central Bank of Egypt cuts key interest rates
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE), at the conclusion of its meeting this Thursday,…
PM: Gov’t looking forward to self-sustained economic system
May 22, 2025
PM: Gov’t looking forward to self-sustained economic system
CAIRO, May 21 (MENA) – Prime Minister Mostafa Madbouly said the government is working on detailed plan for 2030 that…
Egypt to receive 4 billion euros in EU budget support
May 20, 2025
Egypt to receive 4 billion euros in EU budget support
Minister of Planning, Economic Development, and International Cooperation Rania al-Mashat announced that efforts are in place alongside the European Union…
SCZone, GS Global Sourcing Co. to set up 15-million-dollar project in Qantara area
May 19, 2025
SCZone, GS Global Sourcing Co. to set up 15-million-dollar project in Qantara area
The Suez Canal Economic Zone (SCZone) signed on Sunday, 18-5-2025, a contract with GS Global Sourcing Co Ltd to set…
Mashat hold talks with IMF to secure US$ 1.3 billion financing from RSF
May 15, 2025
Mashat hold talks with IMF to secure US$ 1.3 billion financing from RSF
Egyptian Minister of Planning, Economic Development and International Cooperation Rania al-Mashat held a meeting with the International Monetary Fund (IMF)…
Which Arab country has the most significant trade with the US?
May 14, 2025
Which Arab country has the most significant trade with the US?
Egypt recorded the highest growth rate in trade with the US in the Middle East, reaching 69 percent, according to…
Egypt sees unprecedented, historical leap in expat remittances: CBE
May 13, 2025
Egypt sees unprecedented, historical leap in expat remittances: CBE
The Central Bank of Egypt (CBE) announced that remittances from Egyptians working abroad has seen a unprecedented and historic leap…