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Money
Egyptian government, central bank step up coordination on key economic policies
Prime Minister Moustafa Madbouly met on Monday with Central Bank of Egypt (CBE) Governor Hassan Abdalla on Monday…
Egypt denies raising tourist visa fees
Egypt’s Ministry of Tourism and Antiquities on Monday dismissed reports that the country had raised its entry visa…
Suez Canal revenues forecast to hit $10b by FY2027/2028 – chairman
Egypt’s Suez Canal Authority expects revenues of $8 billion in 2026/27 and $10 billion in 2027/28, Chairman Osama…
IMF delegation praises Suez Canal as key to global supply chains
A delegation from the International Monetary Fund (IMF) visited the Suez Canal on Monday, emphasising its strategic…
Egypt’s GAFI launches digital platform for investor financial examinations
Egypt’s General Authority for Investment and Free Zones (GAFI) on Monday launched a new electronic platform for…
Egypt’s GAFI updates financial evaluation framework
Egypt’s General Authority for Investment and Free Zones (GAFI) has completed the work of its technical committee…
NBE, EBRD ink $100m MSME financing pact as bank’s new VP visits Cairo
The National Bank of Egypt (NBE) signed Monday a $100 million financing agreement with the European Bank for…
Egypt’s government reviews preparations for new private-sector incentive package
Egypt's Prime Minister Moustafa Madbouly reviewed on Sunday government efforts to attract investments and…
Egypt’s gold reserves surge to $17.252 bln in November – CBE
Egypt’s gold reserves increased to $17.252 billion in November, up from $16.545 billion in October, the Central…
URGENT: Egypt’s net FX reserves surge to $50.216 bln in November – CBE
Egypt’s net foreign reserves reached $50.216 billion at the end of November 2025, up from $50.071 billion a month…