The British multinational Standard Chartered (StanChart) bank is poised to commence full-fledged banking operations in Egypt by the end of…
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Middle Eastern countries mainly Egypt, Lebanon, and Jordan, are expected to be impacted severely by the escalation of the Israel-Palestine…
Egypt’s Prime Minister Moustafa Madbouly officially opened four schools to mark the first phase of the Cosmic Village land development…
The Central Bank of Egypt (CBE) has released its Balance of Payments (BoP) statement for the fiscal year 2022/2023, which…
In the face of economic headwinds, the Egyptian Pound (EGP) has been on a downward slope. Its depreciation, now at…
As the government ramps up its efforts to tackle the US dollar crunch, the Central Bank of Egypt (CBE) and…
Egypt’s monthly headline inflation hit a new record in September, rising by 2% to over 40%, according to the latest…
Several local banks suspended or lowered foreign currency cash withdrawals and purchases made inside and outside Egypt using debit cards…
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) announced Thursday to keep key interest rates unchanged…
When the Federal Reserve (Fed) held overnight interbank rates steady at 5.25% in June, experts said it was a temporary…