Monday 23 Dec

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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...

China Shen Feng signs land contract for iron, steel products factory in Sokhna
2024/04/22

China Shen Feng signs land contract for iron, steel products factory in Sokhna

The Suez Canal Economic Zone Authority announced Monday that a land usufruct contract has been signed for an area of 750,000 square meters in favour...