Economy

Global economic slowdown in 2024 – Cabinet Center

Global economic slowdown in 2024 – Cabinet Center

The Cabinet’s Information and Decision Support Center said on Sunday 22/12/2024 a global economy slowdown was reported in 2024 prompted…
What is the significance of the developing countries’ summit in Egypt for the first time in 24 years?

What is the significance of the developing countries’ summit in Egypt for the first time in 24 years?

Economic expert Wafaa Ali, in a statement to RT, discussed the importance of Egypt hosting the summit of the Organization…
The CFI takes a stand for transparency with a new program to educate and empower traders

The CFI takes a stand for transparency with a new program to educate and empower traders

The CFI Financial Group, a leading online trading provider in the region, has announced the launch of its flagship program,…
Ras al-Hekma deal achieves largest surplus in Egypt’s final budget account

Ras al-Hekma deal achieves largest surplus in Egypt’s final budget account

The Egyptian government revealed that the final account of the state’s general budget for the fiscal year 2023/2024 has achieved…
Egypt launches tokenization for payment cards on mobile apps, Apple Pay service

Egypt launches tokenization for payment cards on mobile apps, Apple Pay service

The Central Bank of Egypt (CBE) announced that it has launched the tokenization of payment cards on mobile applications and…
US dollar surges against the Egyptian pound

US dollar surges against the Egyptian pound

The US dollar recorded an increase of 15 piasters in both buying and selling rates on Thursday, during mid-day trading…
Egypt plans to offer at least 10 companies for sale in 2025

Egypt plans to offer at least 10 companies for sale in 2025

Egypt is planning to offer at least 10 companies for sale in 2025, according to a press conference by Prime…
China discovers world’s largest gold mine

China discovers world’s largest gold mine

China has announced the discovery of a gold mine that may be the largest in the world, containing reserves estimated…
After breaking the LE50-mark, will the US dollar exchange rate continue to rise?

After breaking the LE50-mark, will the US dollar exchange rate continue to rise?

The Director of the Cairo Center for Economic and Strategic Studies, Abdel-Moneim al-Sayed, commented on the US dollar price exceeding…
US dollar officially hits new record high, surpassing the 50-Egypt pound mark for first time ever

US dollar officially hits new record high, surpassing the 50-Egypt pound mark for first time ever

The Egyptian pound experienced a significant rise against the US dollar on Thursday, with the greenback surpassing the 50-Egyptian pound…
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