Egypt’s business sector downturn moderates as inflationary pressures decrease. Egypt’s non-oil private sector experienced a slower rate of decline in June, helped by easing…
Egypt Clears Goods Worth $32B in Five-Month Span. Over the past five months, Egyptian ports and outlets have processed imported goods valued at approximately…
Foreign sales reach 8.1 billion EGP in Egypt’s stock exchange since the beginning of 2023. Foreign traders’ sales in the Egyptian stock exchange reached…
Egypt Initiates 6th Phase of Immediate Cash Payment Scheme with an EGP 8.7B Tranche. Egypt’s Export Development Fund has issued certificates for the first…
Egypt’s delay in devaluing the pound makes a rate hike unlikely. The Central Bank of Egypt (CBE) is predicted to postpone an increase in…
We believe the Central Bank of Egypt (CBE) will most likely keep the interest rates during today’s MPC meeting unchanged. Egyptian President Abdel Fattah…
Private sector minimum wage to increase to 3000 EGP in July. In a recent meeting led by Dr. Hala Al-Saeed, Minister of Planning and…
Remittance flows set to rebound in 2023 following decline in 2022. According to the World Bank, as the number of Egyptians working abroad recovers…
