After touching a peak of EGP 51.7 per dollar in April 2024, the pound now trades near 48.4, improving about 6 percent. But, how did this happen?
Papers by
Egypt Business Directory
HSBC Egypt launches a real-time Treasury API, enabling businesses to automate cash management, payments, reconciliation via ERP systems
21.08.2025
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News by
IBS Intelligence
Egypt achieves a record 3.6% primary budget surplus in FY24/25, driven by 4.7% GDP growth, private investment, and tax revenue surges.
21.08.2025
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News by
Ahram Online
Strong inflows from tourism and remittances, and renewed optimism ahead of key International Monetary Fund (IMF) reviews in September.
20.08.2025
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News by
Ahram Online
Egypt is working to position itself among the world’s top 50 economies in the World Bank’s upcoming Business Ready (B-READY) report for 2026.
20.08.2025
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News by
Ahram Online
The new app provides users with real-time market updates, information on listed securities, index movements, and the latest market news.
20.08.2025
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News by
african markets
President Abdel-Fattah El-Sisi has renewed Hassan Abdalla’s mandate as acting governor of the Central Bank of Egypt (CBE) for a third consecutive term
19.08.2025
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News by
Ahram Online
A steady flow of foreign currency is crucial for securing a reliable supply of essential goods, petroleum products, and manufacturing inputs.
19.08.2025
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News by
Egypt Today
The Egyptian Exchange launches its first mobile app, offering real-time market data, news, and community forums. Currently in beta on Android.
18.08.2025
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News by
Cairo Scene
Egypt achieved a record LE 629 B primary surplus (3.6% of GDP) in FY 2024/25, driven by tax hikes, revenue growth, and private investment gains.
18.08.2025
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News by
Egypt Today
Egypt’s FRA mandates Basel III-aligned solvency rules for non-banking finance firms, phased in from Jan 2026, full rollout by Jan 2027.
18.08.2025
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News by
Zawya
Egypt's unemployment rate falls to 6.1% in Q2 2025, as labor force grows to 33.6 M and employment rises while jobless numbers drop.
18.08.2025
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News by
Egypt Today
Major banks have raised the traveller withdrawal limit to USD 10,000, lowered credit card foreign currency fees, and lifted travel verification.
15.08.2025
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News by
Cairo Scene
We have assets that are abandoned or not optimally utilised, meaning land on the Nile is used as a warehouse or a public transport garage!
14.08.2025
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News by
Daily News Egypt
Egyptian Prime Minister Mostafa Madbouly stated on Wednesday that the recent growth in the country’s foreign reserves is the result of economic reform
14.08.2025
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News by
Ahram Online
The Egyptian Credit Bureau (iscore) has entered a strategic partnership with Synapse Analytics, an artificial intelligence (AI)-driven risk decision.
13.08.2025
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News by
Ahram Online