Browsing Category
Financial Institutions
EGP stable vs USD in early Tuesday trade
The Egyptian pound (EGP) almost stable against the US dollar (USD) during early trading on Tuesday, May 20, 2025.
Egypt’s Thndr launches pro trading platform, eyes asset management after $15.7m funding…
Egyptian investment platform Thndr announced plans to expand into asset management and unveiled a new professional…
IMF’s Clarke praises Egypt’s reforms, reaffirms support during Cairo visit
The International Monetary Fund’s (IMF) Deputy Managing Director Nigel Clarke praised Egypt’s recent economic…
Egypt’s GDP growth to reach 5% in Q1 ‘25
Egypt’s economy showed signs of recovery in early 2025, with preliminary estimates pointing to 5.0 per cent…
Egypt’s inflation slows sharply in Q1 ’25 after years of external, domestic shocks
Egypt’s inflation continued to ease in early 2025, with both headline and core rates recording sharp declines,…
Egypt’s c. bank forecasts growth rebound in FY2024/25 as economy recovers
Egypt’s Central Bank expects real GDP growth to rebound to 4.3 per cent in the fiscal year 2024/25, up from 2.4 per…
Egypt’s c. bank expects inflation to reach target by late ’26
The Central Bank of Egypt (CBE) expects inflation to continue declining over the coming two years, gradually moving…
IMF reaffirms support for Egypt’s economic path – Clarke
International Monetary Fund’s (IMF) Deputy Managing Director Nigel Clarke reiterated the fund’s support for the…
Egypt’s FinMin highlights economic growth to IMF
Egypt's Finance Minister Ahmed Kouchouk stated that the economy is showing positive progress with promising…
EGP ticks down vs USD in early Monday trade
The Egyptian pound (EGP) fluctuates against the US dollar (USD) during early trading on Monday, May 19, 2025.