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Financial Institutions
Egypt’s PM: IMF mission in Cairo for 5th review
An International Monetary Fund (IMF) mission is currently in Egypt for the fifth review of the country's economic…
EGP gains vs USD in early Thursday trade
The Egyptian pound (EGP) gains against the US dollar (USD) during early trading on Thursday, May 22, 2025.
Morgan Stanley upgrades outlook of US assets
Morgan Stanley upgraded its outlook on US stocks and Treasuries to "overweight", citing reduced tariff risks, no…
Egypt looks to Hong Kong model to build regional wealth management hub
Egypt is seeking to replicate Hong Kong’s financial zone success as it pushes ahead with plans to transform itself…
UK inflation accelerates in April
UK inflation picked up pace in April 2025, with the Consumer Prices Index including owner occupiers’ housing costs…
EGP opens slightly down in Wednesday early trade
The Egyptian pound (EGP) nudges down against the US dollar (USD) during early trading on Wednesday, May 21, 2025.
EGP appreciates vs US dollar for 8th straight day
The Egyptian pound (EGP) edged up against the US dollar (USD) on Tuesday, May 20, 2025, according to data from the…
China’s Hightex to invest $17m in decorative fabrics plant in Egypt’s West Qantara
Chinese textile manufacturer Hightex Co., Ltd Hangzhou. will invest $17 million to build a decorative fabrics and…
Egypt’s FinMin says private sector key to closing development finance gap
Egypt’s Finance Minister Ahmed Kouchouk said on Tuesday that engaging the private sector is the most effective way…
Egypt’s Sisi holds economic review with PM, CBE governor
Egyptian President Abdel Fattah El-Sisi met Tuesday with Prime Minister Moustafa Madbouly and Central Bank of Egypt…