Economy

The Information Technology Industry Development Agency (ITIDA) and the German Agency for International Cooperation (GIZ) signed a memorandum of understanding (MOU) under which the two organizations will focus on enhancing …

On Tuesday, the Central Bank of Egypt (CBE) held an auction for treasury bills and bonds worth EGP 86.25 billion ($2.8 billion) as per the bank’s website. The auction included …

Misr Life Insurance and the National Bank of Egypt (NBE) jointly launched Maash Bokra “Future Pension,” the first USD pension certificates for Egyptians working overseas.  The certificates are available to …

Minister of International Cooperation Rania Al-Mashat announced that Egypt has secured $2.1 billion in concessional financing for its private sector from international partners since the beginning of 2023, during a …

During the first seven months of 2023, Egypt’s fruit and vegetable exports reached $2.6 billion, according to Ministry of Agriculture Spokesperson Mohamed El-Qersh. In an interview with the TV program …

The Central Bank of Egypt (CBE) just announced that it replaced about 6 million pension cards with the national payment card, Meeza. Up until September 2022, 25 banks distributed 30 …

In June and August of 2023, representatives from the Central Bank of Ghana visited the Central Bank of Egypt to share knowledge about cybersecurity. The Ghanaian delegation sought to learn …

The Industrial Modernization Center (IMC) signed a cooperation protocol with the Export Development Bank of Egypt (EBank) to enhance the exports of the industrial sector. That protocol falls within the …

PepsiCo and the Arab Youth Center have opened applications for young Arab innovators to apply for the Arab Youth Hackathon, a regional entrepreneurship program aimed at creating smarter solutions to …

At the start of Sunday’s transactions at Egypt’s major banks, the US dollar’s value relative to the Egyptian pound was constant. The dollar exchange rate at the National Bank of …