Economy

Egypt’s two largest national banks, Banque Misr and the National Bank of Egypt (NBE), have received approximately EGP 11 billion (about $357.65 million) in deposits from citizens for newly issued …

Rania Al-Mashat, Egypt’s Minister of International Cooperation and Governor of the World Bank Group emphasized on Sunday the importance of Egypt’s decades-long partnership with the World Bank Group, which has …

The 19th PLASTEX exhibition is set to open tomorrow, Tuesday, January 9, at the Egypt International Exhibition Center (EIEC) in Cairo and will run until January 12. The show, which is …

Egypt’s two largest governmental banks, the National Bank of Egypt (NBE) and Banque Misr, have just introduced two new Certificates of Deposit (CDs) with record-breaking interest rates. The first has …

Earlier this week, the Egyptian Ministry of Petroleum and Mineral Resources announced the beginning of production at the first well of the North Safa oil field, located offshore in the …

The Ministry of International Cooperation has signed a development financing agreement with the European Investment Bank (EIB) worth €135 million and a €30 million grant from the European Union (EU), …

Egypt’s Telecommunications companies are set to raise the cost of home bundles on Friday, January 5. The increases will range from 10% to 15%, and free access to government and educational websites will …

The value of the Egyptian pound in comparison to the major currencies of the BRICS nations, as reported by their central banks and market transactions on December 31, 2023, is shown …

According to Minister of Finance Mohamed Maait, Egypt will keep raising wages in 2024 to lessen the financial strain that its people have been under since the COVID-19 pandemic and …

On December 28, The Central Bank of Egypt (CBE) announced its new decision to continue offering free transactions through the InstaPay application and to revoke the fee imposition that was …