Business
Banks across Egypt offering CDs up to 30% per month
June 2, 2024
Banks across Egypt offering CDs up to 30% per month
Several banks operating in Egypt have recently launched Certificate of Deposits with lucrative monthly and annual returns. Here are the…
Egyptian Stock Exchange registers record gains in May 2024, main index jumps 10.12 percent
June 1, 2024
Egyptian Stock Exchange registers record gains in May 2024, main index jumps 10.12 percent
The Egyptian Stock Exchange achieved record gains in May 2024, supported by strong purchases of stocks in many sectors against…
National Bank of Egypt launches instant international remittance transfer service
May 30, 2024
National Bank of Egypt launches instant international remittance transfer service
The National Bank of Egypt (NBE) announced on Thursday the launch of a new service for the instant reception of…
CBE Governor Leads Egypt’s Delegation To Annual Meetings of AfDB
May 30, 2024
CBE Governor Leads Egypt’s Delegation To Annual Meetings of AfDB
Governor of the Central Bank of Egypt (CBE) and Egypt’s Governor to the African Development Bank (AfDB) Group Hassan Abdullah…
Egypt to lift fuel subsidies within 4 years: Official
May 29, 2024
Egypt to lift fuel subsidies within 4 years: Official
Egyptian Cabinet spokesperson Mohamed al-Hommosany announced that the government has devised a plan to gradually lift electricity subsidies within four…
Video: Egypt to increase prices of bread, electricity and petroleum products
May 28, 2024
Video: Egypt to increase prices of bread, electricity and petroleum products
Egyptian Prime Minister Mostafa Madbouly held a press conference on Monday, on the sidelines of his tour to inspect agricultural,…
Dollar exchange rate stable in beginning of Tuesday’s transactions
May 28, 2024
Dollar exchange rate stable in beginning of Tuesday’s transactions
The dollar exchange rate was stable at the start of Tuesday’s transactions at Egypt’s major banks. At the National Bank…
GAFI discuss investment opportunities in tourism sector with Turkish companies
May 27, 2024
GAFI discuss investment opportunities in tourism sector with Turkish companies
The General Authority for Investment and Free Zones (GAFI) held a series of promotional meetings on Sunday with leading Turkish…
Planning Minister: Success of sugar company result of cooperation among stakeholders
May 25, 2024
Planning Minister: Success of sugar company result of cooperation among stakeholders
Minister of Planning and Economic Development and Egypt’s Governor at the Islamic Development Bank (IsDB) Group, Hala al-Said has said…
Egypt’s Central Bank holds interest rate steady for the first time this year
May 24, 2024
Egypt’s Central Bank holds interest rate steady for the first time this year
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided on Thursday to keep the interest rate…