What did CBE do to reduce and stabilise prices?
CBE plays defining role in stabilising markets, lowering prices, and curbing inflation
Financial position of banks in Egypt increases to EGP 15.429trn in February 2024: CBE
Customer deposits in banks jump to EGP 10.617trn, credit facilities rise to EGP 5.783trn
Central Agency for Reconstruction develops Fustat Hills Park in Cairo
Minister of Housing, Utilities, and Urban Communities, Assem El-Gazzar, announced the ongoing development of Fustat Hills Park in Cairo Governorate. The Central Agency for Reconstruction through the Cairo Greater Reconstruction…
Global Toncoin scam targets Telegram users with fake booster scheme
A sophisticated scam targeting Toncoin (TON) users on Telegram has been operating since at least November 2023,Kaspersky researchers have revealed. The scheme, which has ensnared victims worldwide, exploits the growing…
Over 461,000 income tax, VAT disputes settled in Egypt
Mohamed Maait, Egypt's Minister of Finance, recently announced the resolution of more than 461,000 income tax and value-added tax (VAT) disputes over the past six years. These settlements were achieved…
Over 28,000 new cars delivered despite economic headwinds: Finance Minister
Egypt's Finance Minister Mohamed Maait announced the successful delivery of over 28,000 new, eco-friendly cars under a presidential initiative to replace older vehicles. Despite economic challenges including supply chain disruptions…
Egypt’s foreign trade reaches $51.555bn in H1 FY 2023/24
Imports record $35.106bn, exports reach $16.449bn
Liver Institute serves 452,657 citizens in 5 months
Egypt’s Ministry of Health and Population announced that 452,657 citizens received medical services, through the National Institute for Research on Endemic Diseases, Liver and Infectious Diseases, affiliated with the General…
Accumulated reserves of EGP 120.7bn for Comprehensive Health Insurance: Maximising investment returns for beneficiaries
Mohamed Maait, Minister of Finance and President of the General Authority for Comprehensive Health Insurance, recently announced significant progress in Egypt’s comprehensive health insurance system. This initiative aims to fulfil…
African Union calls for extraordinary summit on Sudan war
The African Union (AU) Peace and Security Council (PSC) has called for an extraordinary summit to address the escalating war in Sudan. The decision was reached during a meeting on…