The Central Bank of Egypt (CBE) recently announced its active involvement in the “New Beginning for Human Development” initiative, aimed at promoting sustainable development and enhancing the quality of life …
Economy
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At the end of Tuesday’s transactions, the Central Bank of Egypt (CBE) released the average closing exchange rates for the US dollar (USD) in comparison to the Egyptian pound (EGP). …
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EconomyWomen’s Achievements
CIB Appoints Nevine Sabbour as First Female Non-Executive Chair for the Bank
Commercial International Bank Egypt (CIB), Egypt’s largest private sector bank, has announced several changes to its Board of Directors, which are pending approval from the Central Bank of Egypt and …
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The Egyptian Cabinet has recently approved several key decisions that will significantly impact the country’s economic development and international relations. These decisions focus on strategic projects, international agreements, and domestic …
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Egypt has launched the first phase of its new tax facilities measures. Prime Minister, Mostafa Madbouly, and the Minister of Finance, Ahmed Kouchouk, announced the initiative during a press conference …
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The Egyptian pound (EGP) showed fluctuations against the US dollar (USD) as trading began on Thursday, September 12, 2024. The National Bank of Egypt, Banque Misr, and the Commercial International …
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Egypt’s Minister of Planning, Rania Al-Mashat, met with Citigroup’s Vice Chairman, Jay Collins, and other senior officials. The discussions centered on exploring ways to enhance macroeconomic stability and empower the …
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Economy
Development partners invested $11 billion in Egypt since 2020, private sector engagement is critical: Al Mashat
Egypt has received investments totaling $11 billion from development partners since 2020, according to Minister of Planning and Economic Development (MPED) Rania Al Mashat. She emphasized the importance of private …
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Egypt’s gold prices dropped by 0.15 percent for all carats earlier today at 12:30 pm CLT (9:28 GMT) compared to the previous day’s prices, as per an electronic gold price …
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The Central Bank of Egypt (CBE), in collaboration with Visa, hosted the first edition of “Egypt Fraud Combating Forum”. The forum raises awareness of the Egyptian banks and financial …
