Economy

In response to the Central Bank of Egypt’s (CBE) recent decision to raise key interest rates by 6% during an extraordinary Monetary Policy Committee (MPC) meeting, the National Bank of …

The Minister of International Cooperation, H.E. Dr. Rania Al-Mashat, held a meeting with Saida Neghza, President of the General Confederation of Algerian Enterprises (CGEA). The CGEA is a self-governing Algerian …

The Central Bank of Egypt (CBE) has just instructed banks to remove limits on foreign spending for all credit cards. The bank’s decision aims to strengthen the stability of the …

Visa, a world leader in digital payments, today unveiled a new partnership with the renowned Egyptian football legend Mohamed Salah to be a Visa Ambassador for the United Arab Emirates, …

The Central Bank of Egypt (CBE) held a special meeting of the Monetary Policy Committee (MPC) to address the challenges facing the domestic economy. The existence of a parallel exchange …

The International Monetary Fund (IMF) has resolved major issues with Egyptian authorities about the review of its $3 billion loan programme and will unveil the final financing package within weeks, …

Egypt’s economic landscape saw a strong uptick on Monday, with foreign bonds rising and currency forwards strengthening following a historic $24 billion investment pact with the UAE. The real estate …

With the support of GIZ Egypt, the ICT Cluster members signed a partnership agreement to establish Egypt4Industry, a pioneering association dedicated to fostering the integration of Industry 4.0 solutions within …

The British Egyptian Business Association (BEBA) organized  a breakfast briefing themed “In Search of Dollars: Exporting Real Estate to Support Egypt’s Hard Currency Reserves & Annual Remittance Inflows.” Five high-profile …

As part of its efforts to foster growth and success for local brands in Egypt,“Fawry”, the leading company in the field of banking technology and electronic payments signed a strategic …