EGP closes slightly down against USD on Thursday
The Central Bank of Egypt (CBE) reported the average exchange rates for the US dollar (USD) against the Egyptian…
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EGP stable against USD in Thursday early trade
The Egyptian Pound (EGP) remained stable against the US Dollar (USD) at the start of trading on Wednesday, August…
S. Arabia mulls converting Egypt’s debt into investment
Saudi Arabia is considering converting a $5 billion deposit in Egypt’s central bank into investments, announced the…
URGENT: IMF approves 3rd review of Egypt’s loan programme
The IMF Executive Board completed early on Tuesday (CLT) the third review under the Extended Arrangement under the…
Significant improvement in Egyptian economy – CBE
Egypt’s debt reduction, robust reserves, and prudent policies have positioned the country for sustained growth and…
Egypt’s c. bank FX surplus up to $10.3b by June ’24
The net assets held by the Central Bank of Egypt (CBE) increased significantly to $10.3b up from (negative) $11.4b…
Egypt’s Sisi prioritises investment attraction in SCZONE
Egyptian President Abdel Fattah El Sisi on Thursday issued directives to the government, emphasising the need to…
Egypt’s balance of payments records $4.1b surplus
Transactions of the Egyptian economy with the external world recorded an increase in the overall BoP surplus to…
Egyptian govt. forms ministerial teams to boost efficiency
Egyptian Prime Minister Dr. Moustafa Madbouly on Tuesday took a significant step by establishing two ministerial…
Egypt’s local gold nudges down on Tuesday afternoon trade
Egypt’s gold prices nudged down on Tuesday at 12:00 pm compared to July 8th, according to an electronic gold price…