As part of its commitment to advancing digital transformation in line with Egypt’s Vision 2030, the Central Bank of Egypt (CBE) has announced the extension of a fee exemption for …
Economy
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EconomyHighlights
IDSC Shares Insights about Moody’s 2025 MENA Economic Outlook and Egypt’s Economic Future
The Egyptian Information and Decision Support Center (IDSC) has shed light on Moody’s recently published “MENA Economic Outlook: Strategic Foresight in Uncertain Times” report by Moody’s Investors Service. The report …
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EconomyHighlights
Egypt Launches 2024 Tax Filing Season: Key Dates, Online Submissions, and Support Services
Egypt’s Tax Authority Chairperson, Rasha Abdel Aal, has officially announced the opening of the 2024 tax filing season. The tax filing period for individuals (natural persons) will begin on January …
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Economy
Germany Supports Egypt’s Green Energy Transition with Concessional Loans at One-Tenth of Market Rates
Germany supports Egypt’s transition to a green economy by offering concessional loans at just one-tenth of current market rates. In an interview with Daily News Egypt, German Ambassador to …
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EconomyHighlightsTravel & Tourism
Egytrans Reports Exceptional Growth, with 9.5-Fold Increase in Q1 Profits
Egytrans, a leader in Egypt’s transportation sector, has achieved remarkable growth in the first quarter of the 2024-2025 fiscal year. The company reported a stunning 9.5-fold increase in profits, …
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EconomyHighlightsNews
Mirna Aref Highlights Egypt’s Investment Potential During PM’s Meeting With Investors
Mirna Aref, General Manager of Microsoft Egypt, recently praised the government’s significant efforts to enhance Egypt’s infrastructure and logistics sectors. She emphasized that the positive developments in these areas …
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In an effort to bolster Africa’s economic and banking frameworks, the Central Bank of Egypt (CBE) recently organized a high-level virtual seminar titled “Effective Supervision: Building Supervisory Frameworks and Risk …
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EconomyNews
Uzbekistan Investment Minister Proposes Digital Platform to Strengthen Business Ties with Egypt
Uzbek Minister of Investment, Industry, and Trade Laziz Kudratov has proposed the creation of a digital platform to enhance economic cooperation between Egypt and Uzbekistan. The platform aims to facilitate …
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Egypt’s banking sector has delivered a strong performance in the first nine months of 2024, with banks collectively reporting over EGP 426 billion in net profits. This robust performance underscores …
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The International Monetary Fund (IMF) on Tuesday reached an agreement with Egypt, allowing the country to access approximately $1.2 billion. This follows the successful completion of the fourth review under …
