Egypt’s external debt dropped $12.9 bn in 2024 to $155.1 bn—the largest annual fall ever—driven by CBE reforms and timely bond repayments.
07.04.2025 Egypt Independent
The Egyptian Exchange (EGX) plummeted on Sunday, just one day after the US implemented its latest blanket tariffs.
07.04.2025 Egypt Independent
USD/EGP rates ticked up to EGP 50.54/50.64 at major banks on April 4, reflecting ongoing dollar demand and FX‑market volatility.
06.04.2025 Zawya
Egypt’s banking system net foreign assets jumped by $1.5 bn in Feb to $10.17 bn, boosting FX reserves and supporting pound stability.
06.04.2025 Egypt Independent
2PointZero’s Maseera acquires ADVA, leveraging AI credit scoring and e‑KYC to extend digital lending to Egypt’s 50 M underbanked consumers.
06.04.2025 Gulf Business
Egypt’s Finance Ministry unveils initiatives to spur growth: private-sector incentives, industry support, and expanded social protection outlays.
06.04.2025 Egypt Independent
The EU Parliament approves a €4 bn tranche for Egypt’s MFA package, bolstering fiscal stability, reforms, and strategic partnership through 2027.
06.04.2025 Daily News Egypt
The offering witnessed over 4.95 billion shares subscribed, according to a press release.
03.04.2025 Zawya
The United States has, for decades, provided Egypt with military and economic aid, but this support has always come with strings attached.
03.04.2025 Egyptian Streets
Sawiris, whose wealth is estimated at around $8.6 billion, resigned from his position as director of the London branch of his family office.
03.04.2025 Egypt Independent
