Latest Economy News
Egypt’s net international reserves rise to $40.062bn in December 2020
FX reserves increase by about $364m to $35.399bn in December
US Treasury Secretary Steven Mnuchin visits Egypt
Mnuchin’s visit to reaffirm enduring US commitment to Egypt, and explore areas…
Global economy to expand by 4% in 2021: World Bank
“Top near-term policy priorities are controlling the spread of COVID-19, and ensuring…
Egypt is 3rd largest beneficiary of IsDB funds, receiving $12.7bn: Hala El-Said
Egypt is the third largest beneficiary of the total appropriations from the…
Poverty increases vulnerability to mental health conditions: Study
Eastern Mediterranean countries are witnessing higher rates of mental health disorders than…
Central Bank of Egypt receives 35 bids worth $1.0511bn for latest T-bills tender
The Central Bank of Egypt (CBE) has announced it has received 35…
Egypt, KOICA negotiate new public service digitisation project
Korean agency to implement two projects, worth $6.5m, by 2021 on women’s…
Central Bank of Egypt to issue $850m worth T-bills tender on Monday
The Central Bank of Egypt (CBE) will issue, on Monday, a tender…
Egypt eyes EGP 647.5bn from T-bills, bonds issuances during 3Q 2020/21
Total of 52 T-bills bids worth EGP 463.5bn, 32 bids for bonds…
High solvency, liquidity enable Egypt banking sector to function successfully amid COVID-19: Central Bank
Banking sector has witnessed high financial stability in past years, allowing it…