Friday 20 backend.Sep

Bank

Central Bank rate cut predicted by Experts: 3% reduction by year-end
2024/06/04

Central Bank rate cut predicted by Experts: 3% reduction by year-end

Experts and bankers had expected that the Monetary Policy Committee of the Central Bank of Egypt would take a decision to reduce interest rates by...

Egypt's Central Bank hits record high with foreign reserves
2024/06/04

Egypt's Central Bank hits record high with foreign reserves

Egypt's Central Bank has recorded the highest level of foreign reserves in the country's history. On Tuesday, the bank announced that its foreign exchange reserves...

High-Level Saudi business delegation visits New Administrative Capital
2024/05/13

High-Level Saudi business delegation visits New Administrative Capital

Eighty leading Saudi businessmen and investors, on a high-level visit to the new administrative capital, met with Engineer Khaled Abbas, Chairman of the Administrative Capital...

US dollar up slightly in banks, Black Market rate ticks higher
2024/04/30

US dollar up slightly in banks, Black Market rate ticks higher

The US dollar edged higher against the Egyptian pound on Tuesday, April 30, 2024, following a period of stability. The Central Bank of Egypt set...

El-Mashaat represents President Sisi at Kenya African Summit
2024/04/29

El-Mashaat represents President Sisi at Kenya African Summit

On behalf of the president of the Arab Republic of Egypt President Abdel Fattah El-Sisi, Minister of International Cooperation, Dr. Rania El-Mashaat, attended the African...

Maeet: Empowering the private sector to lead comprehensive health coverage system
2024/04/20

Maeet: Empowering the private sector to lead comprehensive health coverage system

Finance Minister Mohamed Maeet affirmed that providing affordable healthcare services is a fundamental human right recognized across nations worldwide.

Maeet in Washington: Ras El Hekma deal result of structural reforms, investment incentives
2024/04/18

Maeet in Washington: Ras El Hekma deal result of structural reforms, investment incentives

Minister of Finance Dr. Mohamed Maeet affirmed that the New Administrative Capital, "the jewel of smart cities," is ready to host the meetings of Arab...