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Tightening monetary policy prerequisite for achieving inflation targets of 7% (±2%) in 4Q 2024, 5% (±2%) in 4Q 2026: CBE
The CBE stated that the widespread rise in inflation requires more monetary restraint to contain inflationary pressures from the demand…
Group giving during Ramadan
Many groups of friends in Egypt come together discretely give to those less fortunate during the holy month
Dortmund boss Tuchel blasts UEFA over speedy rescheduling of Monaco game
Borussia Dortmund coach Thomas Tuchel has criticized UEFA after his side's 3-2 loss to Monaco. A day after the team…
CBE provides banks with $118.7m in weekly auction
The CBE sold US dollars at a fixed price of EGP 9.78. Banks have been directed to sell the US…
Cairo’s economic fog
Al-Sisi appears to lack fundamental understanding of the potential economic and political damage that a soaring US dollar can do…
Arabia Developments, ElSewedy join forces to launch industrial zone in New 6th of October City
Arabia Developments has signed a strategic cooperation agreement with ElSewedy Industrial Development, a subsidiary of Elsewedy Electric Group, to develop…
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Egypt collects 9 medals at Sahl Hasheesh Triathlon
Egyptian athletes obtained nine medals at the 2016 Sahl Hasheesh Triathlon, which was organised by TriFactory LLC, on Friday. The first race in the morning…
