Egypt’s urban inflation rises to 4.8% in May 2021, compared to 4.1% in April: CAPMAS
General consumer price index across country reached 112.9 points in May 2021
EJB partnered with previous governments to contribute to several economic plans: Mohieldin
Economic policies should be flexible with need to mobilise labour towards growing…
Egyptian remittances increase 8.5% to $23.4bn within 9 months: CBE
11% annual increase in remittances during March 2021 only
Egyptians present 13.1% of patents granted in Egypt during 2020
Total of 1,229 applications were made by foreigners, reflecting rate of 55.7%
Egypt’s SMEs Development Agency, Banque du Caire sign EGP 500m microfinance agreement
Contract allows for limit of loans provided to micro-projects to be raised…
Central Bank of Egypt receives 24 bids worth $540.6m for T-bills in US dollars
Proceeds of this tender will be used to pay for previous tender…
Financial position of banks in Egypt increases to EGP 7.55trn in March 2021: CBE
Net foreign assets at banking system rise by EGP 155.3bn in 9…
Egypt’s gold reserves climb $281m in May: CBE
Net international reserves increase to $40.468bn in May
Bank Audi Egypt CEO steps down, Bank ABC chief to leave within days
Sources indicated that Bedir is currently choosing between several offers from other…
Egypt sees 12.25% increase in manufacturing, extractive index in March 2021: CAPMAS
Decrease was seen in economic activities among computer, electronic, and optical products,…