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Egypt News
ETA signs tax cooperation agreement w/ BRICS
In a significant move to bolster international tax collaboration, Rasha Abdel Aal, Head of the Egyptian Tax…
Egypt’s MSMEDA allocates EGP6.65m for human development in Assiut
Egypt invests 6.65 million Egyptian pounds in Assiut to train and employ youth, aiming to reduce irregular…
Egypt’s gold prices edge up on Wednesday
Egypt’s gold prices edged up across all carats on Wednesday at 01:00 pm CLT (10:00 GMT) compared to the previous…
CBE: Egypt’s financial stability index surges to 0.44 in March ’24
The Central Bank of Egypt (CBE) reported on Wednesday a significant improvement in Egypt's financial stability…
CBE: Egyptian banking sector maintains prudent lending practices
Egypt’s central bank reported that the banking sector continued to provide financing for the business sector and…
CBE: Non-banking financial sector contributes 9.8% to Egypt’s GDP in FY23/24
The Egyptian non-banking financial sector represented 9.8 per cent of GDP and 7.7 per cent of total financial…
Egypt reinforces fiscal discipline, debt strategy
Egypt is underscoring its commitment to financial discipline and revenue development as part of its economic reform…
CBE: Banking sector assets up 116.9% of GDP by FY ’23
The Egyptian banking sector's total assets reaching a substantial 116.9 per cent of the nominal GDP and 92.3 per…
EIM to invest $100m in Egypt automotive plant
The Egyptian International Motors (EIM) announced plans to invest $100 million in establishing an automotive plant…
Leoni Egypt to build automotive electrical harness plant
Cairo for Investment and Development (CID) and Leoni Egypt singed a contract to establish an expansion project for…
