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Egypt announces austerity, social support measures amid global energy volatility
Egypt announced a package of temporary economic and social measures on Tuesday to cushion the impact of surging…
URGENT: Egypt’s inflation rises 2.7% in Feb, annual inflation down to 11.5% –…
Egypt's monthly inflation rate reached 2.7 per cent in February, with the general Consumer Price Index (CPI) for…
Egypt’s PM reviews contingency plans to shield economy, supply chains
Egypt’s Prime Minister Moustafa Madbouly convened a high-level meeting on Sunday to review the consequences of the…
Egypt’s c.bank plans to issue EGP 5 billion sukuk on 9 March
Egypt’s central bank will issue a 5 billion Egyptian pound sukuk on Monday, 9 March, according to data released…
Egypt’s sovereign fund invites banks for Misr Life Insurance’s 20% IPO
Egypt’s sovereign wealth fund on Wednesday invited investment banks and financial institutions to submit proposals…
Egypt’s bourse approves listing of Misr Life Insurance shares for first time since…
The Egyptian Exchange’s (EGX) Listing Committee approved the temporary listing of Misr Life Insurance Company…
URGENT: Egypt has no dollar crisis, PM says amid global market volatility
Egypt has sufficient foreign currency reserves and faces no dollar shortage, Prime Minister Moustafa Madbouly said…
GAFI, HSBC partner to promote Egypt’s opportunities abroad
Egypt’s General Authority for Investment and Free Zones (GAFI) is collaborating with HSBC Egypt to promote the…
Egypt’s PM reviews contingency plans as Mideast escalation roils global markets
Egypt’s Prime Minister Moustafa Madbouly chaired an economic ministerial group meeting on Monday to assess the…
Egypt strengthens ties with World Bank during Ajay Banga’s 1st official visit
Egyptian Prime Minister Moustafa Madbouly met on Monday evening with Ajay Banga, president of the World Bank Group,…