USD stable against EGP Tuesday November 18 Businessmen Team 18 Nov 2025 The exchange rate of the US dollar against the Egyptian pound remained relatively stable on Tuesday...
Digital Egypt Platform launches individual credit inquiry with iScore The Ministry of Communications and Information Technology announced the launch... Businessmen Team 17 Nov 2025 The service allows citizens to securely and instantly access their credit data through a trusted di...
FRA license revocations create new opportunities in Egypt’s microfinance sector Hassan Abdel Latif, a microfinance expert, praised the recent decisions... Businessmen Team 15 Nov 2025 Abdel Latif said the FRA's recent decisions are not isolated actions, but a cohesive set of measure...
Cabinet Media: Standard & Poor’s upgrades Egypt’s rating from B- to B The Cabinet's Media Center announced on Friday that Egypt’s sovereign... Businessmen Team 07 Nov 2025 The Media Center stated that the upgrade reflects the strength of economic reforms and growing inte...
Fitch raises Egypt growth forecast to 4.9% for 2025-2026 Credit rating agency Fitch revised its growth forecast for the... Businessmen Team 06 Nov 2025 According to a report issued by Fitch and cited by the cabinet's Media Center on Thursday, the Egyp...
USD stable against EGP Wednesday October 29 The US dollar recorded stable exchange rates against the Egyptian... Businessmen Team 29 Oct 2025 Dollar exchange rates in major Egyptian banks:Central Bank of Egypt (CBE):Buying: EGP 47.23 Selling...
Beltone responds to reports of Central Bank fine against FAB Misr Beltone Holding issued a response to reports about the Central... Businessmen Team 29 Oct 2025 The company said, in a disclosure to the Egyptian Exchange on Wednesday, that the right of reply is...
Qantara West launches textile, garment projects worth $20.5 million Waleid Gamal El-Din, Chairman of the General Authority for the... Businessmen Team 28 Oct 2025 The ceremony was attended by Wu Jinping, Chairman of the Board of Directors of Top New Group; Liu K...
CBE: industrial sector accounts for 61% of total loans The Central Bank of Egypt (CBE) revealed that the industrial... Businessmen Team 19 Oct 2025 The CBE said that the services sector ranked second with 28%. The trade sector followed with 10%, w...
Egypt's Hallmarking Authority achieves international X-ray lab accreditation In line with the directives of Dr. Sherif Farouk, Minister... Businessmen Team 15 Oct 2025 This achievement marks the X-RAY facility as the first of its kind in Egypt, Africa, and the Middle...
Egypt's economy stabilizes: Fitch hails serious fiscal discipline efforts Engineer Hassan El-Khatib, Minister of Investment and Foreign Trade, met... Businessmen Team 15 Oct 2025 El-Khatib stressed that the Egyptian government is executing a comprehensive economic program aimed...
CBE: Monetary reforms prompted S&P to raise Egypt's rating The governor of the Central Bank of Egypt (CBE) welcomed... Businessmen Team 13 Oct 2025 CBE Governor Hassan Abdalla said the upgrade was a result of the monetary and structural reforms im...