Business

Central Bank of Egypt announces increase in net foreign assets

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

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

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

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

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

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

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

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

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

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…
Back to top button