EGP 1.6bn directed to tourism promotion, aviation stimulus in FY 2021/22: Tourism Minister
Plan aims to attract 30 million tourists to Egypt in coming years: Tourism Minister
NI Capital aims to increase managed assets to EGP 12bn
Subscription in stock fund closed with target size of EGP 25m before end of year
CBE throws light on Egypt’s high inflation in November 2022
November’s high inflation was mainly caused by 27 October currency devaluation, continued repercussions of Russian-Ukrainian conflict
Army’s Chief of Staff inspects reclamation projects in Toshka
Askar listened to a detailed explanation that included the latest status of the project according to the performance rates and time plans of the project to achieve the desired results…
IMF loan gives Egypt new boost: Cabinet
In a Saturday statement, the cabinet added that the loan reflects confidence in Egypt's capabilities to fulfil its international obligations and its ability to achieve the targeted economic growth rates.
Egypt provides EGP 42.5bn in export subsidy to 2,500 companies since October 2019: Finance Ministry
The export subsidies help companies continue production and fulfil their obligations, which would lead to maximizing the country's production capacities, exports, competitiveness of Egyptian products in global markets, and realizing…
IMF loan to secure hard currency needed for importing production requirements: Manufacturers
Egypt’s IMF-supported programme presents a comprehensive policy package to preserve macroeconomic stability, restore buffers, and pave the way for inclusive and private-sector-led growth.
Al-Sisi expresses pride in strong Egypt-Jordan relations
President Al-Sisi expressed his pride in the strong relations between Egypt and Jordan, and stressed the importance of continuing efforts to deepen ties in various fields.
CBE reveals top indicators of financial safety for banks by end of 3Q 2022
EGP 93.4bn in net profits, top 10 accounted for 78.29%
Ahli United Bank – Egypt Wins “Bank of the Year- Egypt” award from The Banker (UK)
The award is a testament to the bank’s efforts to harness the quality of services provided and innovative solutions with unique value propositions for corporate and retail clients that differentiate…