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The International Monetary Fund (IMF) is reportedly set to begin the fifth review of Egypt’s economic reform program this week, according to a government official who spoke to Al Asharq on condition ...
Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, announced that public investments allocated to Egypt’s Information and Communications Technology (ICT) ...
The Central Bank of Egypt (CBE) announced a significant surge in remittances from Egyptians working abroad, which reached $20 billion during the first seven months of FY2024/2025, compared to ...
The Financial Regulatory Authority (FRA) has granted approval to three brokerage firms—Telda, Beltone, and Thndr—to conduct their operations using financial technology (fintech). This approval marks a ...
In a significant development for Egypt's automotive industry, Dubizzle Group, the UAE-based tech giant behind popular platforms like Dubizzle, Bayut, and Drive Arabia, has successfully acquired ...
The Egyptian pound (EGP), which breached the milestone of 50 per dollar to hit a record low this week, may rebound in early 2025 as a series of seasonal portfolio outflows taper off, according to ...
Prime Minister, Mostafa Madbouly, announced that 11 companies will be offered in 2025, including Misr Pharmaceutical Industries, Gabal El-Zeit Wind Station, Wataniya Company, Safi Company, and Silo ...
Prime Minister Mostafa Madbouly revealed during a press conference that delays in settling dues to the Italian company operating the Zohr gas field had stalled further investments in the project.
Prime Minister, Moustafa Madbouly, met today with Chairman of Financial Regulatory Authority (FRA), Mohamed Farid, to review a number of files related to the authority's work. Farid presented a report ...
Egypt has been vigorously working to create a favorable environment for both local and foreign investors. In recent years, the country has launched several initiatives and has enacted laws to attract ...
Forbes Middle East published its Egypt's Top 50 listed companies in 2023. CIB made it as the first in the list, with a market value of $5.2 billion. QNB ALAHLI, Telecom Egypt, Elsewedy Electric, Egypt ...