Finance News

The €1 billion tranche was deposited into the Central Bank of Egypt last Friday as part of the financial assistance.
05.01.2025 | News by Egypt Today

resident Abdel-Fattah El-Sisi issued Decree No. 110 of 2024 to approve Egypt's acquisition of an additional 28,940 shares in the IFC.
05.01.2025 | News by Ahram Online

By granting these golden licenses, Egypt reinforces its position as a hub for strategic investment and economic development.
Papers by Egypt Business Directory

After obtaining the necessary regulatory licenses, Aman Egypt will hold a 49% stake in the joint venture’s shares.
02.01.2025 | News by Zawya

Private investments grew by 30%, reaching EGP 133.1 billion, compared to EGP 102.3 billion in the same quarter of the previous year.
02.01.2025 | News by Zawya

On 20 December, the EU approved the disbursement of the first tranche to Egypt as part of its macro-financial assistance (MFA) to the country.
02.01.2025 | News by Ahram Online

Foreign minister Badr Abdelatty noted that the figure reflects Egypt’s commitment to fostering economic growth across Africa.
01.01.2025 | News by Cairo Scene

The real GDP growth rate recovered to 3.5 percent during the first quarter (Q1) of the fiscal year (FY) 2024/2025, from 1 July to 30 September.
01.01.2025 | News by Ahram Online

Public investments experienced a sharp decline, contracting by 60.5 percent to LE 57 billion, down from LE 144.4 billion in Q1 of FY 2023/2024.
01.01.2025 | News by Egypt Today

This growth highlights Egypt's growing attractiveness to international investors. The country drew in $46.1 billion in FDI.
01.01.2025 | News by Egypt Today

The Central Bank of Egypt (CBE) announced on its website that it sold $840 million in USD-denominated treasury bills (T-bills) with a 364-day maturity
01.01.2025 | News by Ahram Online

significant investments in social development, including LE 11.5 billion for the construction and renovation of 23 hospitals and health centers.
01.01.2025 | News by SIS

These services provide numerous benefits, including convenient and timely access to banking services anywhere.
31.12.2024 | News by Ahram Online

Al-Mashat explained that the main goals of the Private Sector Development and Economic Diversification Program are twofold.
31.12.2024 | News by Egypt Today

The total investments executed in the fiscal year 2023/2024, which ended on 30 June, reached 98.5 percent of the targeted EGP 1.65 trillion.
31.12.2024 | News by Ahram Online

CBE kept the daily and monthly maximum limits for transactions on prepaid cards and mobile payment services as stated in November.
30.12.2024 | News by Ahram Online

Since 2020, Egypt has been navigating economic challenges exacerbated by global disruptions, including the pandemic and rising inflation.
29.12.2024 | News by Waya

In 2024, Egypt repaid $38.7 billion in external debt, including a substantial $7 billion in the final two months of the year.
Papers by Egypt Business Directory

Since launching the first securitization bond issuance in 2021, the company has continued to expand its financial services package.
26.12.2024 | News by Egypt Independent

HC Securities & Investments expected the CBE to keep the current interest rates unchanged despite recent inflation readings.
26.12.2024 | News by Ahram Online