Among the banks implementing the changes are the National Bank of Egypt (NBE), Commercial International Bank (CIB), and Arab African International Bank (AAIB).

The Central Bank of Egypt (CBE) announced that remittances from Egyptians working abroad reached an unprecedented record of approximately $32.6 billion during the period from March 2024 to February ...

Ahmed Fahmy, Presidential Spokesperson, stated that the Supreme Investment Council approved 22 decisions today. He ...

The Egyptian Ministry of International Cooperation and the Canadian Embassy in Cairo signed a grant agreement worth $7.57 million to support food security and climate change initiatives in Aswan, ...

In its newly released Arab Economic Outlook Report 2025, the AMF forecasts Egypt’s GDP will expand by 4.2% in 2025 and climb to 4.7% in 2026.

Egypt’s exports to AU member states reached $7.7 billion in 2024, marking a 4.7% increase from $7.4 billion in 2023, according to a statement released by the Central Agency for Public Mobilization and ...

With four Egyptians listed among the Top Venture Capitalists (VC) in the region according to Forbes ME, Egypt maintains its upward trajectory in strength and presence on the regional VC stage. “MENA’s ...

Egyptian Prime Minister Dr. Mostafa Madbouly issues decisions to refine accounting standards, aiming to enhance transparency and attract investment.

Egypt’s pharmaceutical sector recorded a 42% year-on-year growth in 2024, with total local sales reaching EGP 292 billion, according to Ibnsina Pharma, citing IQVIA reports. This surge was primarily ...

Private equity (PE) activity across the MENA region continued its downward trend in the first half of 2025, with investors shifting toward fewer, larger-scale deals. The number of PE transactions ...

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania A. Al-Mashat, met with Minister of Education and Technical Education, Mohamed Abdel-Latif, to discuss critical ...

With a goal to maintain Egyptian ready-to-wear clothing’s exports and reputation in global markets, the Readymade Garments Export Council of Egypt (RMGEC) has been working to increase exports during ...