Central Bank of Egypt says food major driver of December 2022’s inflation of 21.3%
Annual headline urban inflation recorded an average of 13.9% in 2022 compared…
People & Places awards EGP1.6bn construction contracts for its North Coast development in Ras El Hekma; THE MED
People & Places, next-generation community maker, has announced the signing of contracts…
HDB directs 25% of credit portfolio to SMEs
Supporting these projects top priority in bank's strategic plan: Hassan Ghanem
Finance Minister denies reports of new taxes on economic activities
We are keen on stabilizing tax policies despite harsh global economic challenges:…
Egypt to receive second tranche of 46-month IMF loan next March
IMF downgrades Egypt’s economic growth forecast to 4% in FY2023
US dollar continues appreciation against Egyptian currency, exceeding EGP 29
The International Monetary Fund (IMF) stressed on Tuesday that the Central Bank…
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…
Government postpones costly projects after local currency depreciation
The measures, detailed in the government’s official gazette, include stopping spending on…
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
Azimut Egypt aims to launch gold investment fund next February
Ahmed Abul-Saad, managing director of Azimut Egypt, revealed that the fund is…