After a 225 bps rate cut, top CD returns now sit at 25.25% and 24.75% at Egypt’s major banks, impacting investment options.
27.04.2025 Egypt Independent
Egypt and China are discussing converting part of Egypt's debt into interest-free loans to finance key development projects.
24.04.2025 Ahram Online
The Central Bank of Egypt (CBE) announced that Labour Day, which falls on Thursday, 1 May, will be a paid holiday for banks in Egypt.
24.04.2025 Ahram Online
Adjustment improves upon January forecasts of 3.6 percent and 4.1 percent for the economy.
24.04.2025 economy middle east
The new taxation model is expected to roll out within the next few months as part of a national effort to simplify investment procedures.
24.04.2025 Egypt Today
It also announced that it would discontinue its popular platinum savings certificates, which offered an annual return of 17.25 percent.
24.04.2025 Ahram Online
The government is working to maintain a secure economic course, centered on stimulating domestic production and expanding exports.
24.04.2025 Egypt Today
The revised estimates suggest Egypt’s economy will expand by 2.4 percent this year, followed by growth of 3.8 percent in 2025 and 4.3 percent in 2026.
23.04.2025 Egypt Today
The president underlined the need to ensure that investors experience tangible and swift improvements in the ease of doing business in Egypt.
22.04.2025 Egypt Today
President El-Sisi reviewed the government's efforts to improve the business climate and attract more domestic and foreign investments.
22.04.2025 Ahram Online