Economy

Egypt and South Africa have pledged to strengthen their collaboration to advance regional development, especially in Africa, as stated in a release following a meeting between Rania Al-Mashat, Egypt’s Minister …

According to the bank’s financial statement, the Central Bank of Egypt made a profit of EGP 22.83 billion ($468.71 million) for the fiscal year 2023/2024 after seven years. The central …

The Sovereign Fund of Egypt (TSFE) has appointed Noha Khalil as its new acting Chief Executive Officer (CEO). Khalil, previously serving as the fund’s Chief Strategy & Business Development Officer, …

In a meeting on Wednesday, 21st August 2024, Tourism Minister Sherif Fathy discussed additional incentives that could help achieve the desired outcomes in the tourism sector. The minister emphasized the …

The Central Bank of Egypt (CBE) report indicated that in June 2024, the number of Egyptian women holding transaction accounts increased to 20.8 million, accounting for 63.4 percent, up from …

The National Authority for Social Insurance, the National Bank of Egypt, and Fawry for electronic payments have signed a significant protocol to advance electronic payment systems. By joining forces, these …

Egyptian Minister of Local Development, Dr. Manal Awad, has recently emphasized the substantial progress of the “Mashroa’ak” (Your Project) National Program for Community, Human, and Local Development. According to the …

Egypt recently established the Environmental and Climate Policy Committee with the aim of guiding the country toward a sustainable and environmentally friendly future. The committee, led by Environment Minister Yasmine …

The Central Bank of Egypt (CBE) is organizing a training program on extensive data analysis and artificial intelligence (AI) from August 18 to 22. This program is being conducted in …

Egypt is poised to introduce a new currency, with the final approval from the Central Bank of Egypt (CBE) and the cabinet being the only remaining steps. This development comes …