Egypt’s net international reserves surpass $50bn for first time in October: CBE
The Central Bank of Egypt (CBE) announced that the country’s net international…
Local liquidity in banking sector climbs to EGP 13.6trn in September 2025
The Central Bank of Egypt (CBE) reported a notable rise in broad…
Opinion | The Optimal Approach to Managing Hot Money Profits
In my view, imposing any new fees or taxes on profits from…
Should Egypt aim for stronger EGP or focus on sustaining foreign currency inflows?
In April, the Egyptian pound lost a significant portion of its value,…
Egypt expands list of exports requiring advance foreign currency payment
The Ministry of Trade and Industry has issued Ministerial Decree No. 273…
Egypt’s budget deficit narrows to 5.1% of GDP over eight months: Finance Ministry
The Ministry of Finance announced on Monday that Egypt’s overall budget deficit…
Egypt finalizes overhaul of 12 Spanish trains for service deployment
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport,…
CBE reports EGP 133.4bn in net profits for February 2025
The Central Bank of Egypt (CBE) recorded a net profit of EGP…
CBE joins Pan-African Payment and Settlement System
As part of Egypt’s efforts to deepen economic collaboration with African nations,…
Fitch Ratings raises Egypt’s long-term foreign-currency rating to ‘B’ with stable outlook
Fitch Ratings has upgraded Egypt's Long-Term Foreign-Currency Issuer Default Rating (IDR) to…
