Egypt overall deficit increased during the first 8 months of the current fiscal year 2021-2022 to 5.15% of GDP

For our top talks today, first, Egypt overall deficit increased during the first 8 months of the current fiscal year 2021-2022 to 5.15% of…

The Central Bank of Egypt has announced the launch of the Instant Payment Network and InstaPay app which allow for the conduction of online financial transactions instantly

For our top talks today, first, the Central Bank of Egypt has announced the launch of the Instant Payment Network (IPN) and InstaPay app…

Mohamed El-Etreby, Chairman of Banque Misr, revealed that the volume of customers’ demand to sell the dollar increased by 60%

For our top talks today, first, Mohamed El-Etreby, Chairman of Banque Misr, revealed that the volume of customers’ demand to sell the dollar increased…

Egypt is in final talks with India regarding receiving wheat supplies amid the ongoing Russian invasion of Ukraine

For our top talks today, first, Egypt is in final talks with India regarding receiving wheat supplies amid the ongoing Russian invasion of Ukraine.…

One of the sovereign funds in Abu Dhabi agreed with Egypt to invest about 2 billion USD by buying state stakes in some companies

For our top talks today, first, one of the sovereign funds in Abu Dhabi agreed with Egypt to invest about 2 billion USD by…

The war in Ukraine will determine how China sees the world and how threatening it becomes

The Egyptian government has allocated 36 billion EGP for 6 million tons of local wheat supplies this season

For our top talks today, first, the Egyptian government has allocated 36 billion EGP for 6 million tons of local wheat supplies this season.…

The Central Bank of Egypt is expected to raise interest rates 1% at its Monetary Policy Committee’s upcoming meeting, Thursday 24th of March

For our top talks today, first, the Central Bank of Egypt (CBE) is expected to raise interest rates 1% at its Monetary Policy Committee’s…

The Egyptian government raised the import Wheat price 8% to 885 pounds per ardeb (150 kilograms) instead of the 820 pounds

For our top talks today, the Egyptian government raised the import Wheat price 8% to 885 pounds per ardeb (150 kilograms) instead of the…

The value of SMEs loan portfolio skyrocketed 250% since 2015

For our top talks today, the value of the small and medium-sized enterprises (SMEs) loan portfolio skyrocketed 250% since 2015, Assistance Manager of Banking…