Economy

Minister of International Cooperation Rania Al-Mashat announced that Egypt has secured $2.1 billion in concessional financing for its private sector from international partners since the beginning of 2023, during a …

During the first seven months of 2023, Egypt’s fruit and vegetable exports reached $2.6 billion, according to Ministry of Agriculture Spokesperson Mohamed El-Qersh. In an interview with the TV program …

The Central Bank of Egypt (CBE) just announced that it replaced about 6 million pension cards with the national payment card, Meeza. Up until September 2022, 25 banks distributed 30 …

In June and August of 2023, representatives from the Central Bank of Ghana visited the Central Bank of Egypt to share knowledge about cybersecurity. The Ghanaian delegation sought to learn …

The Industrial Modernization Center (IMC) signed a cooperation protocol with the Export Development Bank of Egypt (EBank) to enhance the exports of the industrial sector. That protocol falls within the …

PepsiCo and the Arab Youth Center have opened applications for young Arab innovators to apply for the Arab Youth Hackathon, a regional entrepreneurship program aimed at creating smarter solutions to …

At the start of Sunday’s transactions at Egypt’s major banks, the US dollar’s value relative to the Egyptian pound was constant. The dollar exchange rate at the National Bank of …

According to a press release published yesterday, the Central Bank of Egypt and The London Institute of Banking & Finance (LIBF) have just signed a Memorandum of Understanding (MoU) to …

Egypt’s Housing & Development Bank has announced a standalone net profit after tax of EGP 3.015 billion in H1-2023, compared to EGP 1.204 billion reflecting an increase of EGP 1.811 …

Leading urban community developers, Madinet Masr (Stock code MNHD.CA), has unveiled its latest innovative venture, a new R&D arm, “Madinet Masr Innovation Labs”. This groundbreaking and first-of-its-kind arm is dedicated …