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Markets across the Middle East (non-GCC) came in second, with exports and re-exports totaling AED 25 billion
Initiative aligns with Egypt's strategy to enhance local crude oil and gas production.
Leaders exchanged heartfelt wishes in advance of Eid al-Adha, praying for health and happiness
Up from 13.9 percent in April
Trading of Valu shares on the EGX is expected to take place during the week commencing on June 22
The debt-to-GDP ratio has declined, showing commitment to maintaining this positive financial trend
The MPC has adjusted the overnight deposit rate to 24 percent and lending rate to 25 percent
Tanmeyah’s portfolio grew by 36 percent, contributing to EFG Finance's strong performance
Move will help bolster the fintech’s growth and commitment to innovation, financial inclusion
El-Sisi reaffirmed Egypt's commitment to strengthening its strategic partnership with Greece during a meeting with the Greek President
CBE allows local and foreign institutions to subscribe to T-bills, starting at a minimum of $100,000
Adjustment improves upon January forecasts of 3.6 percent and 4.1 percent for the economy
With a new headquarters and a powerhouse leadership team, Engineer Naguib Sawiris' global development firm is positioning itself to capitalize on the region's booming property market
The overnight deposit, lending, and main operation rates were cut by 2.25 percent each
Al Mashat projected real growth at 4.5 percent, subject to review if tensions escalated
Egypt's President called upon companies and businessmen in Qatar to expand their investments in Egypt
Trade exchange in 2024 exceeded $16.3 billion, marking a notable growth of 29 percent compared to 2023
Country aims for $60 billion in foreign direct investment, $145 billion in exports
These deals will support priority projects in water treatment, sanitation, electricity, and rail transport sectors
The Saudi TASI index rose by 1.8 percent at the start of trading
The country aims for 65 percent private sector contribution by 2030
The agreement was signed during French President Emmanuel Macron's recent visit to Egypt
Agreements focus on transportation, health, and education
Total foreign assets of the banking sector reached EGP3.653 trillion
