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Financial Institutions
Egypt signs $1b deal with China’s Sailun for SCZONE tire plant
China’s Sailun Group signed an agreement to build a $1 billion tire manufacturing plant in Egypt’s Suez Canal…
MSMEDA, Banque du Caire sign EGP500m microfinance contracts
MSMEDA CEO Basil Rahmy said the agreements align with directives from the political leadership to expand…
EGP nudges down vs USD in early Wed. trading
The Egyptian pound (EGP) nudged down against the US dollar (USD) during early trading on Wednesday, August 13,…
Egypt offers to help fund Uganda-Kenya Angololo Dam Project
Egypt is ready to help finance the Angololo Multipurpose Dam Project between Uganda and Kenya through a $100…
US CPI rises 0.2% in July, annual rate at 2.7%
The US Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in July, after rising 0.3 percent…
SCA, Egyptian Commercial Service to boost exports
Egypt’s Suez Canal Authority (SCA) is advancing plans to boost its external marketing of industrial and maritime…
Egypt’s PM reviews fuel supply security, foreign partners’ dues
Egyptian Prime Minister Moustafa Madbouly met Sunday with Central Bank of Egypt (CBE) Governor Hassan Abdalla and…
URGENT: Egypt’s annual inflation down to 13.1%
Egypt’s annual inflation recorded 13.1 per cent in July 2025 compared to 14.4 per cent in June, while the monthly…
Egypt’s PM reviews inflation drop, stronger growth in top-level economic meeting
Egyptian Prime Minister Moustafa Madbouly chaired a high-level meeting of the ministerial economic group on…
Egypt’s FRA chief Mohamed Farid reappointed with ministerial rank
President Abdel Fattah El-Sisi renewed Mohamed Farid’s appointment as acting chairman of Egypt’s Financial…