Egypt’s Planning Minister Hala Al Saeed said, in a statement on Monday, that Egypt’s real annual growth rate reached 3.8% in 2022-2023. Upon reviewing a Ministry report on key economic …
Economy
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EconomyHighlights
Visa Partners with Reward to Offer Innovative Offers to Payment Cardholders in Egypt
Visa, a world leader in digital payments, and Reward, a global pioneer in bank loyalty, are joining forces to introduce Visa’s Card Linked Offers solution in Egypt. Through the partnership, …
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On Sunday, the Minister of Social Solidarity, Dr. Nevine Elkabbaj, visited the governorate of the New Valley to oversee several initiatives connected to the ministry. Additionally, the minister is going …
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EconomyHighlights
Sharm El-Sheikh hosts Arab-African Investment & International Cooperation Conference
The 26th edition of the Arab-African Investment and International Cooperation Conference kicked off on 30 October in Sharm El-Sheikh, under the auspices of the Egyptian Cabinet and the Arab League. …
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Egypt’s Automatic Pricing Committee for Petroleum Products has recently announced raising gasoline prices of all types. The decision is part of the quarterly review of fuel pricing, which went into effect last Friday. The New …
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EconomyHighlights
AAIB Introduces New High-Investment Savings Certificate with the Market’s Highest Return
According to its latest announcement, The Arab African International Bank has provided its customers with the greatest investment return in the banking market with a savings certificate. The bank allows …
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The Central Bank of Egypt’s Monetary Policy Committee (MPC) is scheduled to hold its seventh regular meeting of the year on Thursday. The purpose of the meeting is to determine …
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EconomyHealthHighlights
Al Baraka Bank Resumes its Unwavering Support for Women through “El Baraka Fiki” Initiative
Al Baraka Bank participated in the activities of “Pink October” or Breast Cancer Awareness Month, taking place in October of each year, within the framework of the “El Baraka Fiki” …
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EconomyHighlights
After years of struggle and competition with fierce opponents… Egypt’s Spiro Spathis sales rise to 300%
“Spiro Spathis”, the Egyptian soft drinks company, has witnessed a 300% increase in revenues following calls to boycott several competitor companies that mention their open support of Israel. Youssef Talat, …
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The Egyptian Cabinet announced on Friday that the National Wages Council (NWC) has decided to raise the minimum wage for private sector employees from EGP 3,000 to EGP 3,500, starting …