Egypt’s President follows up on Tahya Misr Fund’s role in supporting social protection programmes

Al-Sisi continuously directs fund to enhance activities in partnership with government, civil society, private sector

Daily News Egypt

Finance Minister denies reports of new taxes on economic activities

We are keen on stabilizing tax policies despite harsh global economic challenges: Maait

Daily News Egypt

Shoukry heads to Riyadh for political consultation meeting with Saudi Arabia

This is based on the close historical and fraternal relations between the two countries, and in connection with their continuous efforts to strengthen Arab solidarity in the face of current…

Sami Hegazi

Egypt to receive second tranche of 46-month IMF loan next March 

IMF downgrades Egypt’s economic growth forecast to 4% in FY2023

Nehal Samir

US dollar continues appreciation against Egyptian currency, exceeding EGP 29

The International Monetary Fund (IMF) stressed on Tuesday that the Central Bank of Egypt should commit to a flexible exchange rate that adapts to the dynamics of the balance of…

Hossam Mounir

4th Edition of Startups Without Borders Summit to return to Cairo on February 2023

Since 2018, Startups Without Borders has been building world-class events where diversity takes centre stage, gathering over 12,000 entrepreneurs from the MENA and Europe across different cultures and nationalities.

Daily News Egypt

Government postpones costly projects after local currency depreciation

The measures, detailed in the government’s official gazette, include stopping spending on new projects that need US dollars and ordering state entities to get approval from the Finance Ministry and…

Daily News Egypt

Shoukry affirms support for Somalia’s fight against terrorism

Ambassador Ahmed Abu Zeid, the spokesperson of the Foreign Ministry, said that the meeting addressed the emphasis on the specificity and history of Egyptian-Somali relations, and the common desire to…

Sami Hegazi

Dollar exchange at CBE increases by over EGP 0.50 on Monday

Dollar exchange records EGP 27.5538 for buying and EGP 27.6256 for selling

Hossam Mounir