Browsing Category
Money
Egypt targets 5% primary surplus, 4.9% deficit in 2026/27 budget
Egypt’s government aims for a primary surplus of 1.2 trillion Egyptian pounds (5 per cent of GDP) in its 2026/2027…
Egypt’s Cabinet approves EGP 5.1 trillion budget focused on growth, social spending
Egypt’s Cabinet, led by Prime Minister Moustafa Madbouly, approved a 5.1 trillion Egyptian pound state budget for…
Deposits in Egyptian banks top EGP 15.7 trillion at 2025-end: CBE
Deposits in Egypt’s banking sector recorded 15.767 trillion Egyptian pounds by the end of December 2025, according…
Egypt’s banking sector posts record net profit of EGP 601.6b in 2025 – CBE
Banks operating in Egypt recorded a net profit of 601.612 billion Egyptian pounds in 2025, according to preliminary…
Egypt’s banking sector shows resilience with strong capital, low NPLs – CBE
Egypt’s banking sector remains robust and well-positioned to support economic growth, according to the latest…
Egypt’s ‘swift, coherent response’ keeps Mideast economic fallout ‘contained’ – IMF
Egypt’s authorities have mounted “a proactive, timely, and well-coordinated response” to the ongoing conflict in…
Egypt to disburse march arrears from 7 April, adjusts salary dates
Egypt’s Finance Ministry said on Wednesday that arrears owed to state employees for March will be paid starting 7…
Egypt eyes 5.4% growth, EGP1.2t primary surplus in FY2026–27 budget
Egypt aims to achieve 5.4 per cent economic growth and a primary surplus of 1.2 trillion Egyptian pounds under the…
Egypt’s remittances jump 28.4% in first 7 months of FY 2025/26
Remittances from Egyptians working abroad rose sharply in the first seven months of the 2025/2026 fiscal year,…
Egypt’s PM chairs crisis committee to monitor regional military escalation
Prime Minister Moustafa Madbouly chaired a meeting of Egypt’s Central Crisis Management Committee on Tuesday to…