Egypt allocates EGP 1b to localise car manufacturing – FinMin
Egypt's Finance Minister Ahmed Kouchouk revealed that the government has earmarked 1 billion Egyptian pounds in…
Egypt’s Sisi calls for unified Arab action, urgent reconstruction of Gaza
Egyptian President Abdel Fattah El Sisi reaffirmed on Tuesday Egypt’s unwavering stance against forced displacement…
Egypt’s gold reserves rise to $11.85b in Feb – CBE
Egypt’s gold reserves, a key component of its international reserves, increased to $11.851 billion in February, up…
Egypt, GIZ discuss strengthening cooperation on Labour Market Access Project
Egypt’s Minister of Labour met with a delegation from the German Agency for International Cooperation (GIZ) to…
Egypt’s FRA raises financing limit for micro-enterprises to EGP 266k
Egypt’s Financial Regulatory Authority (FRA) has raised the maximum financing limit for micro-enterprises to…
Indonesia to launch $45b energy projects in ’25
Indonesia is set to roll out approximately 21 energy projects worth $45 billion in the first phase of the current…
EGP edges higher vs. USD at Tuesday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
EGX closes on red note on March 4
Egypt’s stock market (EGX) closed in the red area on Tuesday. The main index, EGX30 went down by 0.73 per cent, to…
Egypt’s PM reviews major green hydrogen, ammonia project in Gulf of Suez
Egypt's Prime Minister Moustafa Madbouly held a ministerial meeting to review a proposed project for green hydrogen…
Egypt’s net FX reserves surge to $47.394 b in Feb – CBE
Egypt’s net foreign exchange reserves rose to $47.394 billion by the end of February, up from $47.265 billion at…