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World Bank lifts Egypt’s outlook, growth to average 4.6% over 2024–2027
Egypt’s economy is expected to grow 4.5 per cent in the 2024/25 fiscal year, up 0.7 percentage points from the…
World Bank sees improved MENAAP growth
The World Bank projected the Middle East, North Africa, Afghanistan, and Pakistan (MENAAP) region to record growth…
URGENT: Egypt’s annual core inflation hits 11.3% in Sept – CBE
Egypt’s annual core inflation rose to 11.3 per cent in September from 10.7 per cent in August, the central bank…
Suez Canal revenues drop 45.5% in FY 2024/2025 – CBE
Egypt's Suez Canal revenues dropped 45.5 per cent to $3.6 billion during fiscal year 2024/2025, compared to $6.6…
Egypt’s oil sector posts $598.3m net FDI inflow in FY2024/25 – CBE
Egypt’s oil sector achieved a net foreign direct investment (FDI) inflow of $598.3 million during fiscal year…
Egypt’s current account deficit narrows 25.9% in FY 2024/2025 – CBE
Egypt’s current account deficit narrowed by 25.9 per cent in the 2024/2025 fiscal year, supported by a surge in…
Egypt’s PM reviews external debt strategy to sustain downward trend
Egyptian Prime Minister Moustafa Madbouly chaired a high-level meeting on Monday evening to review the work of the…
Egypt’s gold reserves expand sharply in Sept, reaching $15.843b
Egypt’s gold reserves surged 12.46 per cent in September to $15.843 billion from $14.088 billion a month earlier,…
URGENT: Egypt’s net FX reserves edge up to $49.53b in Sept – CBE
Egypt’s net foreign exchange reserves rose to $49.534 billion at the end of September, from $49.251 billion a month…
Egypt’s CBE issues EGP 27b T-bonds fixed coupon
The Central Bank of Egypt (CBE) on Monday will auction treasury bonds (T-Bonds) with fixed coupon worth 27 billion…