Egypt’s central bank cuts interest rates by 225 bps for the first time in 5 years to boost growth amid easing inflation and economic reforms.
20.04.2025
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News by
Egypt Today
The 58 facts below show where the money is going, the ambitions behind each line item, and how the plan compares with the current year.
Papers by
Egypt Business Directory
Fresh data from the Central Bank of Egypt (CBE) show that the sector channelled EGP 3.9 billion into community projects during 2024.
Papers by
Egypt Business Directory
The plan focuses on transformative investments in the electricity and renewable energy sectors, urban development, and essential services.
17.04.2025
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News by
Ahram Online
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
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
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
