Economy

The Central Bank of Egypt (CBE) announced the sale of fixed-return deposits worth EGP 872.550 billion through the 7-day open market mechanism. On its official website, the Central Bank disclosed …

This past week was filled with a wide range of events, situations, and emotions, from uplifting and inspirational to very sorrowful which marked the death of persons who will be …

Samsung Electronics recently announced a total investment exceeding $700 million in its manufacturing complex in Beni Suef, Egypt. This facility, the first of its kind in the Middle East and Africa and one …

Hassan Ghanem, CEO and Managing Director of the Housing and Development Bank (HDB), emphasizes the bank’s unwavering dedication to supporting women, a critical pillar for sustainable development. Aligned with the …

Egypt’s Minister of Planning and Economic Development, Hala Al-Saeed, emphasized the government’s commitment to fostering entrepreneurship, innovation, and the growth of startups as well as small and medium-sized enterprises. She …

Minister of International Cooperation and Governor of Egypt at the European Bank for Reconstruction and Development (EBRD) Rania al Mashat has emphasized the importance of maintaining overall stability and advancing …

During the past week, global gold prices increased 2.3%, equating to a $54 rise. This upturn was fueled by mounting anticipation that the US Federal Reserve could halt its monetary …

In the first quarter (Q1) of 2024, Egypt’s unemployment rate decreased to 6.7%, reflecting a 0.2% drop from the previous quarter. The Central Agency for Public Mobilization and Statistics (CAPMAS) …

The Dubai chapter of The Indus Entrepreneurs (TiE) has officially launched the fifth annual TiE Women MENA Program 2024, an empowering initiative designed to support and elevate women entrepreneurs across …

Minister of International Cooperation and Governor of Egypt at the European Bank for Reconstruction and Development (EBRD) Rania al Mashat, has been chosen for the first time ever as vice-chair …