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Egypt News
CBE: Egypt’s banking sector net profit soars 118.9% in FY23
Egypt's banking sector saw a 118.9 per cent increase in net profit for fiscal year 2023, surpassing the 29.8 per…
Cabinet to assume oversight of Egypt’s sovereign fund
Minister of Planning, Rania Al-Mashat said on Thursday that a new law is being proposed to govern the Sovereign…
Egypt’s private sector attracts $11b in development funding
Egypt's private sector has attracted $11 billion in development financing from a variety of multilateral and…
Egypt’s petrochemical sector captures 19.3% of total credit portfolio by March…
Egypt’s petrochemical sector has significantly bolstered Egypt's economic growth, capturing 19.3 per cent of the…
Egypt’s Decent Life Initiative receives around EGP 274b – minister
Egyptian Minister of Planning, Rania Al-Mashat announced on Thursday that the total allocations for the Decent Life…
Egypt sees $2.9b EU budget boost in Dec.
The European Union is expected to provide a budgetary support package valued at $2.9 billion. This crucial…
Egypt’s gold prices edged up on Thursday
Egypt’s gold prices increased on Thursday at 12:30 pm (9:30 GMT) compared to October 2nd.
Egypt’s current development financing portfolio hits approx. $28b
Egypt's Minister of Planning, Rania Al-Mashat revealed on Thursday that the current development financing portfolio…
Egypt’s Suez Canal revenues plummet by 64% in Q4
Egypt’s Suez Canal's revenues declined 64 per cent during the fourth quarter of the last fiscal year, according to…
URGENT: Egypt’s real GDP grows 2.4% in FY ’24
Minister of Planning, Rania Al-Mashat announced on Thursday during a press conference that Egypt's real Gross…
