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…
Egyptian exports to EU doubled in 2022: EU’s Ambassador
“Considering that Egypt’s total exports totaled about €27bn, the EU remains the biggest importer of Egyptian products, representing around 30% of Egypt’s exports,” he continued.
CIB and Visa Celebrate Winners of FIFA World Cup™ Campaign
The Bank held an award ceremony at its Smart Village office to announce the winners of the FIFA World Cup™ campaign. The four winners from CIB Business Visa cardholders received…
How would new IMF loan help attract foreign investment back into Egypt stock market?
It is necessary to secure dollar liquidity to prevent speculations on local currency: Amr Elalfy
Opinion| Insufficient cold chains lead to food loss that could feed 950 million people
If food waste was a country, it would be the third largest emitter behind the US and China, contributing to up to 10% of the world’s greenhouse gases. However, with…
