Sunday 23 Feb

inflation

Kouchouk predicts gradual decline in financing costs as inflation eases
2025/02/02

Kouchouk predicts gradual decline in financing costs as inflation eases

Ahmed Kouchouk, the Minister of Finance affirmed that Egypt is committed to expanding effective communication with the private sector to leverage its expertise in driving...

Al-Mashat in Davos: Suez Canal reopening boosts foreign exchange inflows
2025/01/25

Al-Mashat in Davos: Suez Canal reopening boosts foreign exchange inflows

During her attendance at the Davos World Economic Forum in Switzerland, themed “Cooperation for the Smart Age,” Dr. Rania Al-Mashat, Minister of Planning, Economic Development...

Sisi orders supply boost for industry, production
2024/11/25

Sisi orders supply boost for industry, production

President Abdel Fattah El-Sisi met, Monday, with Dr. Moustafa Madbouly, Prime Minister, and Hassan Abdullah, Governor of the Central Bank. During the meeting, they reviewed...

Sisi pledges relief amid rising costs
2024/11/03

Sisi pledges relief amid rising costs

President Abdel Fattah El-Sisi received on Sunday Director General of the International Monetary Fund Kristalina Georgieva, and the high-level delegation accompanying her, in the presence...

Citigroup aims to drive investment into Egypt
2024/10/24

Citigroup aims to drive investment into Egypt

Prime Minister Dr. Moustafa Madbouly convened a meeting this evening with Jane Fraser, Executive Director of Citigroup International. The meeting was attended by Mohamed Abdel...

IMF sees Egypt's economy improving in 2025
2024/10/22

IMF sees Egypt's economy improving in 2025

The International Monetary Fund (IMF) has projected an improvement in Egypt's economic indicators. Pierre-Olivier Gourinchas, the IMF's Economic Counsellor and Director of Research, stated that...

Matta Beshay warns of soaring inflation amid fuel price hike
2024/10/21

Matta Beshay warns of soaring inflation amid fuel price hike

Matta Beshay, the head of the Internal Trade Committee at the Importers Division of the Federation of Egyptian Chambers of Commerce, stated that Prime Minister...

Gold prices climb higher Tuesday
2024/09/17

Gold prices climb higher Tuesday

Gold prices surged on Tuesday amid mounting speculation that the Federal Reserve will lower interest rates at its next meeting. Investors are eagerly awaiting the...