
Money supply grew 31.5% year-on-year in February

The new budget estimated the inflation rate at 16 percent

The meeting comes on the heels of inflation reaching historic levels

More than 90 projects totaling $32 billion were funded by the Bank

Country's GDP growth hit 3.9% in Q2

Tarboul is one of the most attractive investment destinations in region

Egypt is forced to seek new sources of foreign currency

Project to boost food security in the Arab world’s most populous country

During the 17th Annual EFG Hermes One-on-One Conference opening session

29 detained lured investors by fraudulent means

Offering insights into key trends impacting today's frontier, emerging markets

Government seeks to grow private sector participation

Hours after the increase in gasoline prices

In support of the country's climate change efforts

40 percent of the world's countries apply this

Making the airline the first African operator of the aircraft.

Yield dropped over 0.6 percentage points

Egypt aims to raise $5 billion in sukuk issuances within 6 months

Optimism prevails nevertheless for long-term outlook

Amid country's plans to reduce government's economic footprint

Due to country's diminished external buffers, shock absorption ability

Some will be ready within 3 months

USD200 million in equity came from Chimera Abu Dhabi

Oldest gold-wrapped non-royal mummy among discoveries

Company invested $500 million to develop international infrastructure

Date aligns with that of the US Federal Reserve

Start-up TileGreen turns plastic waste into eco-friendly tiles

Project activity holds steady even amid macroeconomic challenges

Following pound's depreciation

In February 2023

New company aims to provide financial services to micro, small enterprises

Nargis-1 well located in offshore concession

Due to a foreign currency shortage

Inflation rates jumped to 24.4% at end December

Fell 6.6% to about 26.5 pounds per dollar

EGX targets 23 government entities

لإhe tender, the third of its kind, was set for 12 blocks

The Egyptian Central Bank monitors illegal dollar practices

About $8 billion in expected channel revenues in 2022

Expectations of an increase of 100-200 basis points

For the state's development sectors and the private sector

Driving country's efforts to establish itself as a regional energy hub

Egyptian Cabinet: Agreement aims to reduce debt

Country to capitalize on opportunities for oil and gas exploration

By South African Vodacom Group

Trade exchange increased by 32.6% in 2021

Speculation is very high

By celebrating the 100th anniversary of King Tut’s tomb

Egypt has $16 billion in external financing gap over four years

Falling to 45.4 from in November 47.4 in October

Investors had sealed preliminary agreements

The first private sector IPO on the DFM since 2014

A bid to mitigate the devastating effects of climate change on the Delta

A company dedicated to receiving investments from Egyptians abroad

"Fund for loss and damage"and "rapid" reduction of emissions

Highlighting country's ability to attract private investment in strategic sectors

Brazilian President is star of conference today

Leveling up 0.6%

UAE also launched national net zero pathway by 2050

Egypt consumes 20 million tons of wheat annually

Egypt aims for $30 billion in tourism revenues by 2025

Expected to be reduced after reaching agreement with IMF

The annual inflation rate was 16.3% in October

Train network will connect "Ain Sukhna, Alexandria, El Alamein, and Matrouh

The program's total investments amount to $14.7 bn

Madbouly: "Solidarity among all parties has become an unavoidable option"

Following discussions about acquiring stakes in Egyptian companies

New project using Egyptian engineers and state-of-the-art technology

On declining liquidity and access to international markets

Top leader quotes from the summit

The historical city in danger of drowning

The transition to renewables will 'take longer than expected'

Increasing by about $213 mn

Summit will cover a wide range of climate mitigation and adaptation topics

Rishi Sunak reverses decision to skip climate talks

Prior to the agreement, Egypt hiked key interest rates by 2%

Overnight lending rate at 14.25% and deposit rate at 13.25%

And maintains electricity prices through June 2023

UAE investments in Egypt valued at $4.9 bn in 9 months

Egypt has abundant production of long-staple cotton varieties

Egypt's central bank is redesigning its currency trading system

Standard & Poor's confirms Egypt's rating at B with stable outlook

"The pace of the Egyptian pound's decline has already begun"

Country reveals three axes of economic reform prior to loan

Registering 15.3%, up from 14.6% in August

Project valued at 1 billion Egyptian pounds

Final agreement may happen in coming days

Egypt already getting clean energy ready

CBE decided lately to keep key interest rates unchanged

First tranche of the offerings to be announced within four weeks

108 international agreements signed valued at $22 bn for gas excavation

Purchase branded unjustifiable in a time of economic turmoil

It approved increasing percentage of cash reserves that banks need to keep

IOC's President will discuss bid with Sisi on Sept. 24

Three yacht ports to be established from Suez Canal revenues

IMF: Negotiations with Egypt are in very advanced stages

As inflation bites

Up to 19.31 pounds

Compared to 13.6% in July

"Egypt working hard to increase foreign direct investment"

As part of its preparations for COP 27

Demands to provide dollars to ensure tea imports

Beverage industry, electrical appliance production rose by 15.54%

The African continent needs billions in assistance for food security

Center will serve Bedouin communities in South Sinai

Companies included Saudi Al-Fanar and UAE's Alcazar

The government announced refusal to lift subsidies on bread

Trade exchange between two countries surged by $1.2 bn in Q1

Country's exposure to GCC countries exceeded $25.9 bn

Sisi names Hassan Abdullah as caretaker governor of the CBE

The day before the bank meets to make a decision on interest

"Fitch" expects 300 basis points rise in upcoming meetings

Net profit increased to EGP 391.5 mn in Q2 2022

Shops and malls will have to limit their use of strong lights

Poorer countries scream foul, and China out of climate negotiations

"Deal in line with Egypt's plan to encourage FDI"

Inflation reached 13.6% in July, compared to 13.2% in June

To confront crises and emergencies in the country

Funds flow out

Summit will be crucial to Africa’s response to climate change

2103 ships crossed from both directions in July

Capital Economics: Currency to drop to 21 pounds/dollar by end 2022

Central Bank offered purchase price of US dollar against EGP 19.01

New discovery may be 1 of 4 lost Ancient Egyptian “sun temples”

The Fund downgraded Egypt's real GDP forecast to 4.8%

Egyptians can now link bank accounts, make withdrawals

Egypt, Saudi, and Turkey have shown interest in joining the group

The project is valued at 25 billion euros

The Egyptian army controls a large portion of the economy

Economy, GDP, boosted by utilities sector and mega construction projects

Nearly 600 keys are expected to be delivered by the end of this year

Pound reached a low of 18.91 pounds against the dollar

Prices of diesel supplied to the food and electricity industries were fixed

External support is required to avoid uncontrolled currency depreciation

Last week, Egypt bought the most wheat in at least a decade

KFC has been dominating Egypt’s market for many decades now

The pound hits its lowest level in over 5 years

Egypt ranks second after the UAE in terms of fintech funding deals

The Canal's revenues are expected to increase to $13.5 bn in 2023

It Increased cash withdrawals from ATMs of other banks to 4,000 EGP

Funds will help strengthen Egypt’s resilience to food crises

This is equivalent to 5.5% of the country's GDP

Finance Minister worried about further rate hikes

Categories like cereals, breads, oil, and fats saw a major price rise

The amount of gold in the Egypt's Central Bank increased by 54%

Many investors are showing interest in setting up investments in Egypt

Other plans include increasing industrial exports to reach $30 bln

FDI from privatization are projected at $10 billion annually over 4 years

A draft "state financial policy document" is submitted to the Cabinet

Compared to 1.9% in the previous FY

Export capacity to amount to 12 million tons annually within 3 years

Plastics, CO2, recycling high on projects’ agenda

Inflation expected to reach 17% in August

Cairo launches today the National Climate Change Strategy 2050

“HC”: Inflation figures for April higher than estimates

April’s $629 million in revenues highest ever in a month

Sector contributes 12% of Egypt's GDP and provides 10% of total jobs

The government has identified $9 billion in assets to offer this year

This translates into 4.255 percent of valU’s issued capital

A lost golden city. An ancient Zeus temple. A 4500-year-old statue

Revenues amounted to $629 million in April

Q1 sees rising demand for office space

The Spring Meetings examine the global economic impact of war and food security concerns

The country's present focus is on the local wheat crop

Egypt, Saudi collaborate to invest in Saudi's fintech sector

Inflation rose to 12.1 percent in March

Egypt tops African countries in VC transactions

The IMF praised "authorities' recent actions to expand targeted social protection

The measure aims to deal with the repercussions of the Russian-Ukrainian crisis

Egypt’s Central Bank Governor: Maintain FX liquidity, investor confidence

The Central Bank raises interest rates for the first time since 2017

The Central Bank of Egypt is expected to raise interest rates

Egypt among the countries boasting the world's largest smart cities

JP Morgan: There is a likely need to depreciate the pound

The IPO is the premiere listing of Egyptian cosmeceutical players

Technology ensures invulnerable data security

Stabilizing inflation among institution's main goals

Egypt eyes increased oil and gas output

Egypt exchange additions follow bullish 2021

New tech cuts cost per bit, ups capacity per wavelength for Telecom Egypt