Sunday 24 Nov

inflation

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...

Gold prices remain steady Friday
2024/08/31

Gold prices remain steady Friday

Gold prices in Egypt opened trading on Friday, August 30, 2024, showing little change. The price of 21-karat gold remained at 3,450 Egyptian pounds per...

Gold prices soar Tuesday
2024/08/13

Gold prices soar Tuesday

Gold prices increased today, Tuesday, August 13, 2024.

Kouchouk: Egypt to secure third IMF tranche worth $820 million
2024/07/30

Kouchouk: Egypt to secure third IMF tranche worth $820 million

Ahmed Kouchouk, Minister of Finance, said that the approval of the International Monetary Fund's Board of Directors for the third review of Egypt's economic reform...