The Egyptian pound has experienced a soaring by 39% against the US dollar within a few days. This dramatic rise has driven down the exchange rate of the US currency …
Economy
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EconomyHighlights
Collaboration between Social Solidarity Ministry and CBE promotes financial inclusion and supports MSMEs
Egypt’s Ministry of Social Solidarity partnered with multiple banks to organize “Diarna” exhibitions at bank headquarters. This is a step is taken in a joint effort to foster financial inclusion …
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It is hardly unexpected that the International Monetary Fund mission is staying longer in Egypt given the severity of the economic crisis and the urgency with which a viable agreement with creditors …
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The US dollar recorded a noticeable drop against the Egyptian pound in the parallel market, reaching approximately EGP 55 over the past few hours, down from a recent peak of …
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Egyptian Deputy Foreign Minister and Country Head of BRICS Delegation, Amb. Ragui Al-Etrebi, accompanied by Egypt’s Ambassador to Russia, Nazih El-Nagari, participated in the BRICS member states meeting held …
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The UK-based multinational Standard Chartered Bank has officially commenced its banking operations in Egypt, following the receipt of final approval from the Central Bank of Egypt (CBE), according to a …
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According to JLL’s “A Year in Review” report on Egypt’s real estate market, tourist arrivals witnessed a 4.5% hike, surpassing the global tourism rate by eight times. From January to …
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Foreign currency would not be an issue in the presence of a strategic plan with realistic goals that would be carried out by professionals Successful export strategy does not only …
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Valu, Bosta, and PayTabs – Egypt have formed a strategic partnership to revolutionize e-commerce in Egypt. They aim to improve the shopping experience and boost e-commerce growth. Bosta offers …
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Cairo, Egypt – 29 January 2024: Visa, a world leader in digital payments, announced that its Africa Fintech Accelerator program is now accepting applications for its second cohort. The announcement …