DeCode report highlights Egypt’s progress in transparency, public participation: Finance Ministry
The Ministry of Finance has announced that a recent report by DeCode, an economic and financial consultancy, has highlighted Egypt's positive progress in international transparency, budget oversight, and public participation…
Egypt, Djibouti strengthen cooperation in energy sector
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Essmat, received his counterpart from Djibouti, Yonis Ali Guedi, Minister of Energy and Natural Resources, on Saturday, to discuss ways to strengthen…
Egypt’s Foreign Minister calls for global reform at TICAD event
Egypt's Foreign Minister Badr Abdelatty called for sweeping reforms to the global financial architecture and the UN Security Council during a visit to Japan this week. Speaking at the first…
Egypt’s financial inclusion rate climbs to 71.5%: CBE
The Central Bank of Egypt (CBE) has announced a significant increase in the country's financial inclusion rate, with 71.5% of eligible citizens now owning transaction accounts, according to data released…
Egypt Healthcare Authority, China’s Mindray Explore Cooperation
Egypt Healthcare Authority is exploring opportunities for cooperation with Chinese medical device company Mindray, aiming to enhance the country's healthcare sector through technology transfer, training, and innovation. Ahmed El-Sobky, chairperson…
Gold prices to rise on Fed hints of US rate cuts: iSagha
Gold prices rose slightly in local markets on Saturday, following a week of gains fuelled by growing expectations of a US Federal Reserve interest rate cut next month. The price…
Egypt’s FM, Japan External Trade Organisation CEO seek to strengthen economic ties
Egypt’s Foreign Minister Badr Abdelatty met with Norihiko Ishiguro, CEO of the Japan External Trade Organization (JETRO), on Saturday during his current visit to Japan, signalling a strengthening of economic…
Over 25 million displaced in Horn of Africa
Xinhua – Some 25 million people were internally displaced in the Horn of Africa by the end of June, with the data including 20 million internally displaced persons (IDPs) in…
Egypt’s external debt declines to $160.6bn in Q1 2024
Egypt's external debt registered $160.6bn at the end of March 2024, a decrease of approximately $4.1bn, or 2.5%, compared to the end of June 2023. The decline was attributed to…
Turkish lira hits record low against USD
Xinhua – The Turkish lira plummeted to a historic low against the US dollar on Friday, with the exchange rate exceeding 34 liras per dollar amid enduringly high inflation. One…