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Al-Ahram Weekly - Egypt
1/9/2024 9:27:58 PM
The House of Representatives has released a report summarising its 2023 legislative work, reports Gamal Essam El-Din

Business - Markets & Companies
1/8/2024 6:42:35 PM
Egypt's Financial Regulation Authority (FRA) has approved setting a minimum capital requirement of EGP 15 million for fintech startups looking to engage in one of the non-banking financing activities, according to a statement released on Monday.

Business - Economy
1/8/2024 2:52:30 PM
The Central Bank of Egypt (CBE) is set to launch the electronic pound by 2030 to increase the efficiency of monetary policy, read a government document released in January.

Business - Economy
1/8/2024 2:13:11 PM
Egypt plans to increase its annual foreign currency revenue from exports, tourism, remittances, foreign direct investments (FDIs), the Suez Canal, and outsourcing services to $300 billion in 2030 from around $100 billion, according to a government document released this month.

Business - Economy
1/7/2024 7:37:30 PM
Egypt’s non-oil trade deficit dropped 26.29 percent year-on-year (YoY) to $6.63 billion in the third quarter of 2023 from $8.99 billion in the same quarter a year earlier, according to data released by the Central Bank of Egypt (CBE).

Business - Economy
1/7/2024 6:52:01 PM
Egypt’s Suez Canal revenues jumped by around 19.4 percent to $2.4 billion in the third quarter of 2023 (July-September) compared to $2 billion in the corresponding quarter in 2022, according to data released by the Central Bank of Egypt (CBE).

Business - Economy
1/7/2024 4:14:23 PM
Egypt is set to adopt a flexible exchange rate policy to adjust the pound’s value against the US dollar to meet a 39.61 rate planned by 2028, according to a document released by the Egyptian Cabinet's Information and Decision Support Center (IDSC).

Business - Economy
1/6/2024 7:05:33 PM
Egypt’s current account deficit decreased by 12.1 percent to $2.8 billion during the period between July and September 2023, compared to $3.2 billion a year prior, according to the data released by the Central Bank of Egypt (CBE) on Thursday.

Egypt - Health
1/5/2024 6:40:54 PM
Egypt recorded an 8 percent decline in population growth rate in 2023 compared to 2022, according to a statement released by Minister of Health and Population Khaled Abdel-Ghaffar on Friday.

Arts & Culture - Music
1/5/2024 5:55:02 PM
The popular Egyptian band Black Theama released the new single Alam Gharib (A Strange World) on their YouTube channel on Thursday.

Business - Economy
1/4/2024 7:27:20 PM
Egypt’s Net International Reserves increased by $47 million to record $35.22 billion in December, its highest level since May 2022, according to data released by the Central Bank of Egypt on Thursday.

Business - Economy
1/4/2024 2:25:20 PM
Egypt’s non-oil private sector showed slower expansion at the end of last year as demand weakened further amid currency depreciation and high inflation, according to data released by the American credit rating agency Standard and Poor's (S&P) on Thursday.

Business - Economy
1/3/2024 8:52:21 PM
Remittances from Egyptians working abroad dropped 29.22 percent to $4.52 billion in the first quarter of the fiscal year 2023/2024 (July-September) from $6.39 billion in the same period a year earlier, according to data released by the Ministry of Planning.

Business - Economy
1/2/2024 1:28:17 PM
The foreign assets deficit in the Egyptian banking system declined by EGP 5.25 billion to reach EGP 833.96 billion ($26.9 billion) in November 2023, according to data released by the Central Bank of Egypt (CBE).

Business - Economy
12/31/2023 6:51:35 PM
Egyptian President Abdel-Fattah El-Sisi has directed to intensify efforts to attract more foreign investments and enhance the role of the private sector in the country's economy, according to an official statement released on Sunday.

AFCON 2023 - News
12/28/2023 10:57:50 PM
Africa Cup of Nations hosts Ivory Coast included a smattering of overseas stars in their 27-man squad for the January 11-February 11 competition released on Thursday.

Sports - World
12/27/2023 5:56:26 PM
Faruk Koca, the former president of a Turkish top division soccer team who was jailed for punching a referee, has been released on bail, the country's state-run news agency reported on Wednesday.

Business - Economy
12/27/2023 2:19:48 PM
Egyptian expats’ remittances are expected to have declined by over 15 percent to $24.2 billion in 2023 from $28.3 billion in 2022, according to a recent report released by the World Bank (WB) in December.

Business - Economy
12/26/2023 3:22:48 PM
TradeHub, an Egyptian startup, has launched a digital platform to simplify exports and trade operations for local manufacturers, according to a company statement released on Tuesday.

Business - Economy
12/25/2023 7:21:07 PM
Financing offered to Egyptian microenterprises surged by more than 1,123%, reaching EGP 78.3 billion in June 2023 from just EGP 6.4 billion in December 2016, according to a press release by the Central Bank of Egypt (CBE) on Monday.

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