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The Egyptian Exchange (EGX) continues its positive performance from last week, closing Sunday’s session with a now 4-day green streak. Benchmark index EGX 30 was up by 0.15% to end the session with 32 ...
Banks operating in Egypt achieved substantial growth in 2024, with net profits soaring to EGP 534.8 billion, nearly doubling from EGP 283.4 billion in 2023, according to a report released by the ...
Egypt’s foreign assets in the banking sector have risen for the third consecutive month, reaching $15.04 billion in March, an increase of approximately 47.5% compared to $10.2 billion in February, ...
The Egyptian government is moving forward with plans to upgrade 11 airports across the country in collaboration with the private sector, aiming to strengthen infrastructure, enhance passenger services ...
The Ready-Made Garments Export Council of Egypt has announced a significant surge in sector exports for March 2025, reaching approximately $262 million, up from $206 million in the same month of 2024, ...
Egypt’s net international reserves ( NIRs) rose to $47.757 billion at the end of March, up from $47.393 billion at the end of February 2025, an increase of $364 million, according to the latest data ...
Egypt’s two largest state-owned banks, the National Bank of Egypt (NBE) and Banque Misr, have suspended the issuance of high-yield savings certificates offering returns of up to 27%, and have lowered ...
Egypt’s net international reserves (NIRs) rose to $48.14 billion at the end of April, up from $47.757 billion at the end of March 2025, according to the latest data released by the Central Bank of ...
Egypt's banking sector saw a significant rebound in its net foreign assets, which rose to $8.7 billion in January, reflecting a robust monthly increase of 65.8% from $5.2 billion in December, ...
Negotiations are underway over structural reforms linked to the economic component of Egypt’s national program, supported by the European Union’s €4 billion Macroeconomic Financial Assistance (MFA).
The Central Bank of Egypt (CBE) announced that Egypt has reached a key milestone in financial inclusion, with 74.8% of eligible Egyptians aged 15 and above now actively using financial accounts. By ...
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