Monday 25 Nov

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Urgent! Egypt Secures New $700 Million Financing from World Bank
2024/06/24

Urgent! Egypt Secures New $700 Million Financing from World Bank

The World Bank Group's Board of Directors has approved a $700 million loan to the Egyptian government under the Development Policy Financing (DPF) program to...

$2 billion boost: Egypt secures budget support from development partners
2024/06/24

$2 billion boost: Egypt secures budget support from development partners

Dr. Rania Al-Mashat, Minister of International Cooperation, said that the past period has witnessed intensive negotiations and coordination between multilateral and bilateral development partners and...

Gold Prices in Egypt on Saturday
2024/06/22

Gold Prices in Egypt on Saturday

Gold prices in Egypt’s local market remained unchanged today, Saturday, June 22, 2024, compared to the previous day. This stability likely stems from the global...

Dollar rates show relative stability against Egyptian pound
2024/06/22

Dollar rates show relative stability against Egyptian pound

Dollar prices today Saturday exhibited relative stability against the Egyptian pound, with slight variations in rates across different banks. This stability reflects an improvement in...

Maait: Economy Stabilizes, World Bank Predicts 4.2% Growth
2024/06/19

Maait: Economy Stabilizes, World Bank Predicts 4.2% Growth

Egypt's Finance Minister, Dr. Mohamed Maait, expressed confidence in the economy's return to stability. He attributes this to the government's successful implementation of: Flexible and...

Maait: 120 Billion EGP boost for agriculture, industry, tourism; Treasury takes on interest rate burden
2024/06/19

Maait: 120 Billion EGP boost for agriculture, industry, tourism; Treasury takes on interest rate burden

Minister of Finance Dr. Mohamed Maait affirmed that we are working on adopting and implementing financial policies that drive the private sector to lead development...

TMG dominates Egyptian Sharia Index with 15% weight
2024/06/12

TMG dominates Egyptian Sharia Index with 15% weight

Talaat Moustafa Group (TMG), with the largest weighting of 15% in the EGX33 Sharia Index, benefited from recent strong performance and frequent trading on the...

Suez Canal Economic Zone: Opportunities for cooperation with BRICS business communities
2024/06/12

Suez Canal Economic Zone: Opportunities for cooperation with BRICS business communities

Walid Jamal El-Din, Chairman of the Suez Canal Economic Zone Authority, participated, Wednesday, in the first forum of the New Development Bank (NDB), held on...