Business
Egypt considers importing 15 new Liquefied natural gas shipments in 2025
April 7, 2025
Egypt considers importing 15 new Liquefied natural gas shipments in 2025
The Egyptian Ministry of Petroleum and Mineral Resources is considering importing more than 15 new Liquefied natural gas (LNG) shipments…
Egypt’s external debt fell by US$12.9 billion in 2024
April 6, 2025
Egypt’s external debt fell by US$12.9 billion in 2024
Reforms led by the Central Bank of Egypt (CBE) contributed to the country’s largest ever decline in external debt in…
Finance Ministry highlights initiatives to stimulate economic activity
April 5, 2025
Finance Ministry highlights initiatives to stimulate economic activity
The Ministry of Finance outlined several initiatives to stimulate economic activity, empower the private sector and support productive industries in…
Central Bank of Egypt announces increase in net foreign assets
April 5, 2025
Central Bank of Egypt announces increase in net foreign assets
The net foreign assets of the Egyptian banking system jumped by approximately US$1.5 billion during February, reaching $10.17 billion, compared…
Goldman Sachs lowers US yield outlook, cites tariff-driven slowdown
April 4, 2025
Goldman Sachs lowers US yield outlook, cites tariff-driven slowdown
Goldman Sachs has lowered its forecasts for US debt yields by the end of 2025, citing the potential for an…
Transfer and inquiry fees implemented on InstaPay starting Tuesday
April 1, 2025
Transfer and inquiry fees implemented on InstaPay starting Tuesday
New fees for transfer and inquiry services on the “InstaPay” application have come into effect on Tuesday, April 1, 2025.…
Transport Ministry calls on businessmen to invest in logistics
March 30, 2025
Transport Ministry calls on businessmen to invest in logistics
The Ministry of Transport, represented by the General Authority for Land and Dry Ports (GALDP), has called on investors, businessmen,…
ETF: Tourism rates up by 15% due to promotion strategies of state
March 30, 2025
ETF: Tourism rates up by 15% due to promotion strategies of state
Member of the Egyptian Tourism Federation (ETF) Hossam Hazaa asserted that the rates of tourism increased by 15 percent-20 percent…
Planning Minister partakes in WFP roundtable on debt swaps for development
March 29, 2025
Planning Minister partakes in WFP roundtable on debt swaps for development
Minister of Planning, Economic Development and International Cooperation Rania Al Mashat said effective partnerships, national ownership and integration, and a…
Egypt banks announce Eid al-Fitr holiday dates
March 28, 2025
Egypt banks announce Eid al-Fitr holiday dates
On the occasion of Eid al-Fitr, the Central Bank of Egypt announced the suspension of operations at all banks operating…