Finance News
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Egypt launches new initiative for expats to invest in 1.5 Million Feddan Project
Egyptians abroad will be able to acquire agricultural lands and engage in various agricultural and developmental activities.
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St. Kitts and Nevis Investment Gateway Summit 2025: A call to Egyptian investors
After the remarkable success of its 2024 edition, the St. Kitts and Nevis Investment Gateway Summit returns with even greater ambition.
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Illusion of easy money: Unmasking digital scams in Egypt
With the expansion of digital financial services and electronic wallets, digital fraud has become a concerning phenomenon in Egypt.
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Careem Pay Expands to Egypt
Careem Pay launches UAE-to-Egypt remittances, offering instant, low-cost transfers—50% cheaper than banks.
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Egypt's headline inflation rate almost halves in February
The drop was amplified by a statistical base effect, as exceptionally fast price increases of the past two years were no longer reflected in the stats
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Egypt FX inflows match expenditures for 1st time in years
For the first time in years, foreign currency inflows into Egypt have matched expenditures, signalling economic stability.
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Egypt’s tax revenues surge by 39% in H1 of FY2024/2025
Kouchouk revealed that Egypt plans to triple allocations for economic stimulus programs and initiatives compared to the current year.
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Visa launches "Tap-to-Add Card" in Egypt
Visa introduces the Tap to Add Card feature in Egypt, simplifying digital payments and enhancing user convenience.
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Fawry and Ottu sign strategic collaboration agreement to drive unprecedented business growth in Egypt
Fawry and Ottu's strategic collaboration aims to drive unprecedented business growth in Egypt's financial sector.
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IMF approves $1.2 billion for Egypt
Cairo has requested financing under the RSF since 2022, with hopes it could unlock up to an additional $1 billion.
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Egypt's lucrative carry trade in the balance after recent dips
Egypt's carry trade faces uncertainty after recent dips in currency, potentially altering the country's lucrative financial strategy.
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Egyptian Economy Shows Positive Indicators at present
The Egyptian PM highlights the nation's economy, showcasing positive indicators and progress, signaling resilience amid global financial challenges.
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7 ways you can benefit from Egypt’s 1st comprehensive tax services guide
As Egypt continues its digital transformation, this guide is just one step toward a more streamlined, user-friendly tax system.
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Egypt’s FRA increases micro-enterprise loan limit
The decisions aim to address economic changes and implement the Unified Insurance Law.
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How Licensing Fueled A $30 Million Manufacturing Business In Egypt
Licensing allows startups to generate capital, leverage industry expertise, and gain market intelligence.
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98% of women entrepreneurs in Egypt optimistic about revenue growth
Mastercard released Wednesday a new report on Egypt's women's entrepreneurship landscape ahead of International Women’s Day 2025.
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Egypt’s amb. in Riyadh asserts Cairo’s interest in attracting more Saudi investments
The Egyptian ambassador underlined keenness of Egyptian government on removing obstacles facing Saudi investors in Egypt.
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Egypt non-oil businesses PMI continues positive streak in February
New orders continued to rise, driven by improving market conditions and stronger client demand.
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FRA increases financing caps for microfinance and micro-insurance
The changes are part of the FRA’s ongoing efforts to support financial sustainability and enhance access to funding.
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Federation of Egyptian Banks denies links to GRA platform
The Federation of Egyptian Banks (FDE) denied Thursday any connections or accounts between banks operating in Egypt and the GRA platform.