Economy

Visa and Western Union (WU) have signed a seven-year agreement allowing WU customers to receive money from their loved ones and friends in 40 countries across five regions through eligible …

Officials and bankers said that Egyptians working abroad have begun sending more money home since the country sharply devalued its currency last week.   It is worth noting that on …

Banks in Egypt have started raising the withdrawal limits on credit cards, that were put in place to preserve scarce foreign currency liquidity in the banking system over recent years. …

The European Bank for Reconstruction and Development (EBRD) has partnered with the government of Egypt to turn the 6th of October Metropolis into a green city. The new strategy will …

The signing of the Green Hurghada Project Agreement between the United Nations Industrial Development Organization (UNIDO) and the Environment Affairs Agency was witnessed by Dr. Yasmine Fouad, the esteemed Minister …

An alliance between ASGC Construction, Saudi Egyptian Developers, and Hassan Allam Holding has announced plans to develop a project in downtown Cairo and build a hotel shopping mall, office building, …

Mazaya Egypt announced its plan to expand in the North Coast, as it currently has 7 branches in different regions covering the North Coast region. Moreover, Mazaya aims to seize …

Mohamed El-Etreby, the head of Egypt’s Banks Federation, has recommended prudence amid an influx of hard currency into Egypt in hot money due to the Egyptian pound’s flotation and interest …

Moody’s has recently given a positive outlook for Egypt. The rating company said that the positive outlook reflects the marked change in economic policy, including the large devaluation of the …

The Minister of Emigration in Egypt, Soha Gendy, has issued a call to those individuals who are interested in participating in the initiative of importing cars for Egyptians living abroad. …