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Foreign reserves inch up to USD 45.11 bn in September
Foreign reserves crept up to USD 45.11 bn in September, up from USD 44.97 bn in August, the Central Bank…
What we’re tracking on 2 October 2019
We’re heading into a long weekend, with the Manpower Ministry declaring Sunday 6 October a vacation day for civil servants…
Egypt in the News on 1 October 2019
El Sisi promises to support low-income citizens: The government is working on measures to shore up the social safety nets…
Non-banking financial services set to attract investment and drive growth in Egypt
Beltone sees scope for growth in Egypt, looks to regional expansion: Egypt has become a hub for attracting investment, especially…
Egypt’s tourism sector expected to grow 30% in 2019, says Al Mashat
Egypt's tourism sector should claw its way back to its pre-crisis high-water mark by the end of this year, Tourism…
CBE easing cuts gov’t interest bill by a fifth -Kouchouk
CBE easing cuts gov’t interest bill by a fifth -Kouchouk: The Central Bank of Egypt’s (CBE) interest rate cuts in…
Current account deficit widens to USD 8.2 bn in FY 2018-2019
Egypt’s current account deficit widened to USD 8.2 bn in FY 2018-2019, up from USD 6 bn the previous year,…
EGP, EGX rally after CBE rate cut
The EGP flexed its muscles against the USD yesterday, rallying on the first market day after the central bank cut…
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