Business
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…
PM follows up on real estate export file
March 27, 2025
PM follows up on real estate export file
Prime Minister Mostafa Madbouly underlined on Tuesday the importance the government attaches to the real estate export file, saying it…
PM attends signing of $1.65 bln metal industries complex deal
March 26, 2025
PM attends signing of $1.65 bln metal industries complex deal
Prime Minister Mostafa Madbouly attended the signing of a $1.65 billion contract to establish the Shin Feng Integrated Metal Industries…
PM reviews IFC advisory services deal to expand private sector’s participation in airports’ management
March 25, 2025
PM reviews IFC advisory services deal to expand private sector’s participation in airports’ management
CAIRO, March 24 (MENA) – Prime Minister Mostafa Madbouly reviewed with Vice-President of International Finance Corporation (IFC) for Africa Sérgio…