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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
The exchange rate closed at EGP51.19 to $1, up from EGP50.66
The Purchasing Managers' Index fell to 49.2 from 50.1 in February
The Parliament approved macro-financial assistance to Egypt: 452 votes for, 182 against, 40 abstained
The industrial zone aims to establish a sustainable industrial base that drives year-round economic activity and job creation
This holiday is for government employees celebrating Eid across various public sector entities
President El-Sisi held Ramadan Iftar banquet in honor of the UAE president
The net return for banks rose to EGP915 billion in 2024, up from EGP582.5 billion
The Minister noted Egypt's competitive advantages: a diverse economy, strong industrial base, and skilled workforce
EFG Holding will retain at least a 67 percent indirect stake in Valu through its subsidiaries
The Group's net operating profit rose 84 percent Y-o-Y in FY24 to $175.9 million
Canal’s revenues declined over 60 percent year-on-year in 2024, costing Egypt nearly $7 billion in losses
The monthly inflation rate recorded 1.4 percent last month compared to 1.6 percent in January 2025
Gold holdings in foreign currency reserves reached approximately $11.851 billion in February, up from $11.416 billion
Egypt's PMI declined from a 50-month high of 50.7 in January to 50.1 in February
The country further sought approval for the EUR4 billion package and emphasized SCZONE as key investment destination.
This increase results from CBE's collaboration with banks and stakeholders for economic empowerment across society
The UAE President thanked King Salman and Crown Prince for organizing the dialogue
Interest rates remained unchanged due to the increasingly uncertain global and regional outlook regarding the impact of U.S. protectionist trade policies
This initiative is designed to reassure both current and prospective investors regarding their future tax responsibilities
Cairo currently benefits from an $8 billion IMF financing agreement expanded in 2022 for economic support
The country received 8.7 million tourists in the first half of the current fiscal year
