Browsing Category
Financial Institutions
Sisi reviews Egypt’s oil, gas production, investment plans
Egypt’s President Abdel Fattah El-Sisi met on Wednesday with Prime Minister Moustafa Madbouly and Minister of…
Egypt in talks with global lenders to shield budget from energy price shock
Egypt is working around the clock with international partners and financial institutions to secure concessional…
Egypt tackles global energy volatility from stronger economic position – PM
Egypt is facing the ongoing global energy volatility from a position stronger than in previous challenges, Prime…
Egypt oversees new public transport fares following fuel price hike
Egypt’s Minister of Local Development, Manal Awad, on Tuesday, oversaw the implementation of new fare rates for all…
URGENT: Egypt to keep subsidised bread price unchanged despite fuel increase
Egypt will keep the price of its subsidised baladi bread fixed at 20 piastres per loaf despite the government’s…
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…
URGENT: Egypt raises fuel prices amid global energy market pressures
Egypt raised the prices of several petroleum products and vehicle fuel gas effective Tuesday at 3:00 a.m., citing…
Egypt taps Islam Azzam to lead Financial Regulatory Authority
Egypt’s President Abdel Fattah El-Sisi has appointed Islam Azzam as acting chairman of the Financial Regulatory…
Egypt’s FRA approves securities lending rules to boost market liquidity
Egypt’s Financial Regulatory Authority (FRA) has issued Monday new rules allowing the borrowing of securities for…