The European Union (EU) has approved €1 billion in urgent short-term macro-financial assistance to Egypt, aiming to stabilize the country’s…
Browsing: Investment and Finance
Post for Investment (PFI), a subsidiary of the state-run Egypt Post Authority, has unveiled plans to establish a new $5…
Interest rates in Egypt are expected to remain unchanged until the end of the current fiscal year 2023/2024, which concludes…
Egypt has taken several actions to address the significant economic imbalances it has faced over the past two years, including…
The European Union (EU) and the World Bank Group (WBG) have allocated over $14 billion in finances to Egypt amid…
State-owned major banks, the National Bank of Egypt (NBE) and Banque Misr have introduced new high-yield certificates of deposit (CDs)…
Egypt’s budget achieved a primary surplus of 3.9 billion (EGP 193 billion) in the past eight months of FY2023/2024, compared…
Egypt’s annual headline inflation, which had declined for four consecutive months, reversed course in February, reaching 219.4 points with an…
Moody’s Ratings has revised Egypt’s outlook from negative to positive while affirming the country’s Caa1 long-term foreign and local currency…
S&P Global Ratings revised in March its outlook on Egypt’s economy to positive from stable while affirming its B-/B’ long-…