Economy

CBE holds interest rates steady, citing inflation risks and ‘wait-and-see’ approach

CBE holds interest rates steady, citing inflation risks and ‘wait-and-see’ approach

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) met on Thursday, and decided to maintain key…
Dubai Rental Trends: What Egyptian Expats Should Know Before Signing a Lease

Dubai Rental Trends: What Egyptian Expats Should Know Before Signing a Lease

Dubai’s rental market remains one of the most dynamic in the region, and for Egyptian expats looking to relocate, understanding…
US dollar approaches LE 47 Egyptian for selling in bank transactions

US dollar approaches LE 47 Egyptian for selling in bank transactions

The dollar’s price against the Egyptian pound fell significantly at the start of trading on Monday, dropping by about nine…
PM stresses gov’t commitment to carrying out economic reforms

PM stresses gov’t commitment to carrying out economic reforms

CAIRO, Nov 13 (MENA) – Prime Minister Mostafa Madbouly stressed the government’s commitment to implementing the economic and structural reforms…
FM: Egypt-Turkey economic relations witnessing unprecedented momentum

FM: Egypt-Turkey economic relations witnessing unprecedented momentum

CAIRO, Nov 12 (MENA) – Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty on Wednesday reaffirmed that economic…
PM: Empowering private sector is top State priority, key development target

PM: Empowering private sector is top State priority, key development target

CAIRO, Oct 27 (MENA) – Prime Minister Mostafa Madbouly affirmed that empowering the private sector remains one of the State’s…
Egyptian goods exempt from China’s customs duties: Chinese ambassador to Cairo

Egyptian goods exempt from China’s customs duties: Chinese ambassador to Cairo

The Chinese Ambassador to Cairo Liao Liqiang said on Sunday that the Chinese government issued a decree exempting Egyptian goods…
PM: Egypt’s vision 2030 places human being at core of development

PM: Egypt’s vision 2030 places human being at core of development

Prime Minister Mostafa Madbouly asserted that Egypt’s path of development is based on a clear philosophy on the human being…
Central Bank of Egypt offers treasury bills in euro, launches 1st sovereign bond in Egyptian pound

Central Bank of Egypt offers treasury bills in euro, launches 1st sovereign bond in Egyptian pound

The Central Bank of Egypt (CBE) announced on Sunday that it will be issuing €600 million in euro-denominated treasury bills…
Egypt’s external debt rises to US$ 161.23 billion at the end of June

Egypt’s external debt rises to US$ 161.23 billion at the end of June

Egypt’s external debt rose to US$161.23 billion by the end of June, compared to $ 156.689 billion at the end…
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