Gold prices fall sharply in Egypt as global markets retreat from record highs
Gold prices in the Egyptian market fell sharply on Saturday as global rates retreated from record highs following the nomination of Kevin Warsh as the next US Federal Reserve Chair.…
Egypt’s Finance Ministry seeks to align international aid with fiscal reform priorities
Egypt is seeking to align international development support with state fiscal reform priorities to maximise the effectiveness of technical and financial aid, Deputy Finance Minister for Fiscal Policy Yasser Sobhi…
Middle East Green Initiative backs land restoration, $12 bln pledged to fight desertification
Egypt’s acting environment minister Manal Awad said on Saturday that the ministerial declaration issued after the second meeting of the Middle East Green Initiative’s ministerial council reaffirmed member states’ commitment…
Egypt and Rwanda agree executive action plan for water management projects
Egypt and Rwanda have signed an executive action plan to activate a bilateral memorandum of understanding on water resources management and irrigation, Egypt’s water ministry said on Saturday. The agreement…
Finance Ministry plans local debt tenders worth EGP 843bn in February
Egypt’s Ministry of Finance has announced plans to issue local debt instruments worth EGP 843bn in February 2025, as part of a broader plan published on the ministry’s official website.…
Opinion | The Grand Barter: Accounting Ambition vs. Strategic Stability
Protecting the Suez Canal as a sovereign asset and the Central Bank of Egypt (CBE) as the guardian of monetary policy requires both to remain on strictly independent tracks. At…
Egyptian bank assets climb to EGP 24.8trn as household deposits lead growth
The aggregate balance sheet of banks operating in the local market — excluding the central bank — rose to EGP 24.752trn by end-August 2025, compared with EGP 24.275trn by end-June…
Egypt’s FM hosts African Union representatives to discuss trade corridors and regional stability
Egypt hosts African Union representatives to discuss trade corridors and regional stability as Foreign Minister Badr Abdelatty reaffirmed Cairo's commitment to the African Union’s founding principles of state sovereignty and…
Egypt’s Madbouly inspects 430-bed university hospital and $41m industrial projects in Minya tour
Egypt’s Prime Minister Mostafa Madbouly inspected the trial operation of the 430-bed Triple University Hospital in Minya on Saturday, as part of a wider tour of industrial, housing, and infrastructure…
ETA reviews tax system evolution and its role in driving investment
The Egyptian Tax Authority (ETA) recently participated in the annual tax conference hosted by Ernst & Young (EY) Egypt, a forum dedicated to exploring the latest shifts in tax policy.…