Egypt’s financial inclusion rates significantly surged to 70.7% by the end of 2023, according to the Central Bank of Egypt (CBE). According to CBE’s financial inclusion indicators for the year, …
Economy
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“Egypt’s “National Project for Community, Human, and Local Development” (Mashrouak) has achieved a record lending rate of EGP 200 million in January 2024.”, Local Development Minister ,Hisham Amna, said . …
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Economy
World Bank, Egypt’s Ministry of Agriculture Discuss Sustainable Development in Agriculture Field
The Minister of Agriculture and Land Reclamation in Egypt, Elsayed Elkosayer, met with Miskreem Barhan and her delegation, the Regional Director for Sustainable Development in the Middle East and North …
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Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank (IsDB) group, and Banque Misr have signed a letter of intent, solidifying their …
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Soha Gendy, Minister of Immigration and Egyptian Expatriates Affairs, disclosed the specifics of the new investment firm, which would involve Egyptian expatriates and have roughly one billion dollars of capital. …
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EconomyNews
Planning Minister Witnesses Signing of Annual Work Program Between Egypt, International Islamic Trade Finance Corporation
Dr. Hala Al-Saeed, Minister of Planning and Economic Development and Governor of Egypt at the Islamic Development Bank Group; Engineer Hani Salem Sonbol, CEO of the International Islamic Trade Finance …
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Shell Egypt announced yesterday that it will participate as a Partner in the Egypt Energy Show (EGYPES 2024) from February 19-21, under the patronage of President Abdel Fattah El-Sisi and …
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Economy
Egyptian banks’ high-yielding savings certificates raise an unprecedented EGP 642 bn in 6 weeks
According to sources, Egyptian banks’ one-year term saving certificates of deposits (CDs) have attracted a record EGP 642 billion in just 42 days, offering a high annual yield of 27 …
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EconomyNews
President Abdel Fattah El-Sisi to Inaugurate 7th Edition of Egypt Energy Show “EGYPES” Tomorrow
February 18th, 2024, Cairo: Egypt’s President, H.E. Abdel Fattah El-Sisi, will inaugurate tomorrow, Monday, the 7th edition of Egypt Energy Show (EGYPS 2024), taking place during the period from February …
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The State Minister of Emigration, Soha Gendy, announced that her ministry has presented alternative plans to increase dollar transfers from Egyptians living abroad. These initiatives aim to address the challenges …