Egypt’s foreign reserves saw a strong year-on-year increase of 34 percent, reaching $47.4 billion by the end of February 2025.
16.04.2025
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News by
Egypt Today
The African Export-Import Bank (Afreximbank) aims to provide $2 billion in direct and indirect financing to Egypt in 2025.
16.04.2025
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News by
Ahram Online
Farouk highlighted that Saudi Arabia is Egypt’s third-largest trading partner, with bilateral trade reaching US$13 billion in 2023.
16.04.2025
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News by
tvbrics
Egypt is pushing ahead with efforts to secure funding from Gulf neighbours and foreign partners as it seeks to tackle heavy foreign debts.
15.04.2025
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News by
Reuters
The deals span key sectors such as investment promotion, food processing, solar energy, metal industries, and real estate development.
15.04.2025
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News by
Egypt Today
Development Partners International (DPI), a UK-based private equity firm, has taken over the management of Egypt’s $105 million Nclude Fund.
15.04.2025
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News by
tech point
The EGP sinks to new lows due to persistent capital outflows and financing gaps, sparking concerns about economic resilience.
14.04.2025
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News by
Ahram Online
Gold prices in Egypt spike, with 24k gold reaching EGP 5,142.75/gram, reflecting global demand and local currency pressures.
14.04.2025
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News by
Zawya
EKH shareholders approve $53.2M in dividends, reflecting strong 2024 financials and strategic regional investments.
14.04.2025
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News by
Zawya
S&P affirms Egypt’s credit rating at B-/B, revising its outlook to stable amid reforms and external funding improvements.
14.04.2025
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News by
Egypt Independent
SP‑BB upgrades Egypt’s outlook to stable amid fiscal reforms, boosting investor confidence and highlighting market stability.
13.04.2025
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News by
Investing
Egyptian banks launch a fee-waived, no-minimum-balance account drive in April, enhancing financial inclusion.
13.04.2025
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News by
Daily News Egypt
This step comes after InstaPay imposed a transfer fee of 0.1 percent of the transaction amount, with a minimum of 50 piasters and a maximum of LE20.
10.04.2025
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News by
Egypt Independent
The drop in the pound was mirrored by a steep decline in the Egyptian Exchange (EGX), where the main indices fell by between 1.86% and 3.65%.
10.04.2025
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News by
Egypt Today
The global trade disruptions caused by the newly imposed US tariffs are creating uncertainty for Egypt’s monetary policy.
09.04.2025
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News by
Ahram Online
Kouchouk emphasized that the Egyptian government is focused on reforming its financial policies to better support private sector growth and stability.
09.04.2025
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News by
Egypt Today
The potential for another tariff increase by the US government tomorrow has further heightened uncertainty.
09.04.2025
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News by
Egypt Today
The cash wallet works with just one click. This process will not need to visit branches or intermediary companies.
08.04.2025
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News by
Waya
The median forecast of 14 analysts polled by Reuters was for annual urban consumer inflation to have slipped to 12.6% in March from 12.8% in February.
08.04.2025
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News by
Reuters
French investments in Egypt have exceeded $7 billion, making France one of the country’s key partners and creating over 50,000 jobs.
08.04.2025
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News by
Ahram Online
