Business
Minister: State keen to achieve economic growth based on investments, industry localization
April 27, 2025
Minister: State keen to achieve economic growth based on investments, industry localization
The state intends to achieve strategic transition for making economic growth through stimulating investments and localizing industry, Minister of Planning,…
What is the highest return on CDs in Egypt?
April 26, 2025
What is the highest return on CDs in Egypt?
After the Central Bank of Egypt (CBE) reduced its base interest rate by 2.25 percent on Thursday, April 17, interest…
Egypt, IME to discuss details of RST new financing this week, sources
April 22, 2025
Egypt, IME to discuss details of RST new financing this week, sources
The Egyptian government and Central Bank are expected to discuss ways to obtain the new financing via Resilience and Sustainability…
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…