foreign currency

Egypt's tourism revenues increased to about $14.4 billion during the July to March period of fiscal year 2025/26,…

Egypt’s Prime Minister Moustafa Madbouly on Tuesday reviewed financial arrangements to secure strategic petroleum…

Egypt is accelerating plans to activate its commodity exchange in an effort to stabilise domestic prices and…

Egypt recorded an exceptional year for agricultural exports in 2025, shipping about 9.5 million tons of produce, up…

Egypt’s agricultural exports reached about 8.5 million tons so far this year, up nearly 700,000 tons compared to…

Egypt’s net foreign reserves reached $50.071 billion at the end of October 2025, up from 49.534 billion at the end…

Egyptian Prime Minister Moustafa Madbouly met Sunday with Central Bank of Egypt (CBE) Governor Hassan Abdalla and…

Egypt is taking proactive measures to safeguard its economy, including the formation of a crisis committee,…

Egypt's Prime Minister Mostafa Madbouly toured the facilities of Maghrabi Agricultural Company (MAFA) in Beheira…

Egypt’s agricultural exports have reached 4.8 million tons since the beginning of the year, compared to 4.3 million…

Egypt’s Ministry of Petroleum, the Egyptian General Petroleum Corporation (EGPC), and the Egyptian Natural Gas…

Egypt’s domestic hard currency resources have been sufficient over the past two months, particularly last month, to…

Egypt's Prime Minister Mostafa Madbouly chaired a high-level meeting to review the plan for securing petroleum…

Visa plans to boost its investments in Egypt, with a focus on digital transformation and expanding the use of…

Egypt’s Middle East Oil Refining Company (MIDOR) significantly increased its production in 2024, refining over 46…

Egyptian-German Pump Company Ruhrpumpen Egypt expects to achieve sales of €11 million by the end of 2024, up from…

Around $2.3 billion in dollar and euro banknotes have been shipped to Russia since the US and EU banned cash…

The Bank of Russia announced that it sold 3 billion roubles ($34.87 million) worth of yuan on the domestic market…

Russia's Finance Ministry announced plans to allocate 123.8 billion roubles ($1.4 billion) for the purchase of…

Russian government eases foreign currency sales rule for exporters amid rouble concerns, Reuters reported on…

Egypt's New Urban Communities Authority (NUCA) will suspend land allocations in foreign currency from abroad…

Egypt’s Prime Minister Moustafa Madbouly recently visited Rubex International for Plastic and Acrylic Manufacturing…

Haier Egypt, a manufacturer of home appliances, will launch the second phase of its industrial complex on June to…

Egypt is implementing stricter regulations on real estate sales to foreigners, as Egyptian Justice Minister Omar…

The Kenyan government plans to implement a tax on interest earned from infrastructure bonds, potentially reaching…

Turkey is reconsidering an interest rate hike, just two months after ending its tightening cycle amid strong demand…

The Swiss National Bank sold foreign currency totalling 132.9 billion Swiss francs ($149.51 billion) in 2023.

Tarek Fayed, Chairman of Banque du Caire, said on Sunday that the Central Bank of Egypt's (CBE) recent decisions…

Egypt's pound remained stable on Thursday at 49.5 against the dollar, similar to the previous day's closing rate,…

Mostafa Madbouly commended the Central Bank’s decisions amid transitioning towards a flexible framework for…

Egypt's New Urban Communities Authority (NUCA) and the UAE’s UDC, real estate development company, signed a…

Egypt is seeking to raise up to $40 million from selling train tickets to foreigners and Arabs in U.S. dollars…

The Central Bank of Nigeria (CBN) is owing a $7.5 billion to American banks, JP Morgan and Goldman Sachs, according…

The Egyptian National Railways (ENR) and Lenza Egypt for Projects Engineering Equipment will cooperate to build a…

The Central Bank of Egypt (CBE) reported on Thursday that the lending balances rose to 4.399 trillion Egyptian…

Egypt's Ministry of Tourism and Antiquities has announced on Saturday the opening of Hyatt Centric Cairo West, the…

Moody's Investors Service (Moody's) has placed on Wednesday Egypt's B3 long-term foreign-currency and…

Egypt’s Minister of Finance Mohamed Maait said on Monday in an interview with CNBC that his country would not…

The remains of Panehsy’s tomb, the steward of Amun Temple, and a collection of smaller chapels were unearthed in…

Egypt's tourism has increased by 35 percent during the first two months of 2023, according to the Minister of…