The Egyptian Pound (EGP) slightly declined against the US dollar (USD) at the beginning of Thursday’s transactions today, August 1. Egypt’s Central Bank (CBE) has recorded the average dollar exchange …
Economy
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Contact Financial Holding, a leader in non-banking financial services, has announced a partnership with the Women’s Economic and Social Empowerment Program (WESEP), funded by the United States Agency for International …
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Economy
Maya Morsy: Egypt to Establish Integrated Database of In-Kind, Monetary Subsidies Beneficiaries
Minister of Social Solidarity Maya Morsi issued a decree Tuesday forming a committee to conduct a census of the beneficiaries of both in-kind and monetary subsidies to create an integrated …
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The Central Bank of Egypt (CBE) has just released the average exchange rates for the US dollar (USD) against the Egyptian pound (EGP) at the end of Tuesday’s trading. Based …
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Economy
Ministry of Finance: Egypt’s Debt-to-GDP Ratio Decreased to 89% in the Preceding Fiscal Year
In the most recent monthly report, the Ministry of Finance has just announced that Egypt has effectively reduced its debt-to-GDP ratio during the previous fiscal year (FY2023/2024), decreasing to 89 …
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Economy
Egypt’s Exemplary Leadership: Enhancing Supply Chain Diversity and Affordable Biologic Medicine Access
Act4Biosimilars, a global initiative founded and sponsored by Sandoz, announced the launch of the Deep Dive Report for the Middle East and Africa (MEA), revealing the challenges impacting biosimilar adoption in …
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Egypt’s Ministry of Industry and Transport is establishing the Egypt Digital Industrial Platform and preparing an industrial map to simplify processes and procedures for investors. The deputy prime minister for …
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On Monday, July 29, the Egyptian Pound remained steady against the US dollar at the beginning of the day’s transactions. According to Amwal Al Ghad English, the National Bank of …
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President of the World Bank (WB) Group Ajay Banga expressed a strong interest in fostering a partnership with Egypt that aligns with the priorities of the newly appointed government and …
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Economy
Tanmeyah, Banque Misr Ink EGP 500mln Credit Facility Agreement to Support Small & Micro Businesses
In line with Banque Misr’s strategy to support small and micro enterprises and contribute to sustainable economic development, the bank has signed an EGP 500 million credit facility agreement with …