Economy

Egypt prepares to open the world’s largest textile factory in El Mahalla El Kubra city in February, as reported by Minister of Public Business Sector Mahmoud Esmat. According to data …

Janet Yellen, the US Treasury Secretary, and Kristalina Georgieva, the Managing Director of International Monetary Fund (IMF), pledged full support for the Egyptian economy, according to an official statement. Yellen …

Beltone Asset Management, a subsidiary of Beltone Financial Holding, has received initial approval from the Financial Regulatory Authority (FRA) to establish a gold investment fund. The company is currently working …

According to CBE, the dollar exchange rate remained stable at the start of Thursday’s transactions at Egypt’s major banks. The dollar rate at the National Bank of Egypt (NBE) and …

IFC has recently partnered with Al Baraka Bank Egypt to increase access to finance for micro, small, and medium-sized enterprises (MSMEs) in Egypt, including women-owned businesses, thereby catalyzing economic activity …

More than 1,500 people have already signed up to attend Forbes Middle East’s second annual Under 30 Summit in El Gouna, the fully integrated and sustainable town by Orascom Development …

The Egyptian Exchange (EGX) has revealed a comprehensive plan to stimulate demand and enhance the development of its stock exchange in 2024. The strategy, consisting of seven pillars, aims to …

PLASTEX 2024: Celebrating 30 Years – A Milestone Anniversary Unveiling the Pivotal Role of Plastics and Rubber in Shaping a Circular Economy and Sustainable Future Over 500 companies from 50 …

Egypt’s economy grew faster than expected in the fiscal year 2022/2023, according to the Minister of Planning and Economic Development, Hala El-Said. During a speech before the Planning and Budget …

At the beginning of Tuesday’s transactions at Egypt’s major banks, the dollar exchange rate was stable. The dollar rate at the National Bank of Egypt (NBE) and Banque Misr was …