The Central Bank of Egypt (CBE) is expected to keep its benchmark interest rate unchanged at 27.25% in its seventh consecutive meeting scheduled for Thursday as...
Egypt has raised fuel prices by up to 15% as the country looks to cut state subsidies as part of a new agreement with the International...
Under Cairo’s scorching sun, the bustling streets reveal an unexpected twist in dramatic price drops on big-ticket items like cars and appliances. Following March’s significant currency...
Egyptian inflation eased for the fourth consecutive month in June despite a historic increase in the cost of subsidized bread that feeds a significant portion of...
Egypt has secured a preliminary agreement with the International Monetary Fund (IMF) that should help unlock the next disbursement of the North African nation’s $8 billion...
Fitch Ratings has upgraded Egypt’s credit outlook to positive, reflecting growing confidence in the North African nation’s economic prospects following an international bailout of $57 billion....
Egypt has initiated liquefied natural gas (LNG) purchases to mitigate potential supply shortages anticipated during the scorching summer months. The move is rare for a country...
Egypt has secured an augmentation of its International Monetary Fund (IMF) loan program to a total of $8 billion. The decision reflects a recognition of Egypt’s...
The recent announcement of the United Arab Emirates’ (UAE) monumental investment in Egypt, touted as the largest in the nation’s history, has elicited mixed reactions among...
Turkish textile manufacturers are increasingly turning their gaze toward Egypt as the North African country’s currency weakens, presenting a promising landscape for investment. With Turkey grappling...