News related to: currency

Tax Experts Association: Outsourcing revival requires flexible tax policies

The Egyptian Tax Experts Association confirmed that the outsourcing industry...

Ashraf Abdel Ghani, tax accountant and founder of the association, explained that outsourcing is a...

Bishai: Stable exchange rate, interest cuts boost Egypt’s economy

Matta Bishai, head of the Domestic Trade Committee of the...

Bishai explained that the decision to cut interest rates is a positive measure that supports econom...

Egypt opens Dominican market to agricultural exports

The Ministry of Agriculture and Land Reclamation announced the successful...

Alaa Farouk, Minister of Agriculture and Land Reclamation, said that this step comes as part of the...

El-Halfawy: Rate cuts, stable currency fueled exceptional year for EGX

The Egyptian Exchange (EGX) emerged as the top-performing market in...

Market capitalization surged by 829 billion Egyptian pounds over the year, closing at a record 2.99...

SCA, Anchorage to build $6bn petrochemical plant in Ain Sokhna

The Suez Canal Authority (SCA) and Anchorage Investments have signed...

The project will be located on SCA-owned land in Ain Sokhna, northwest of the Gulf of Suez. The fir...

Madbouly: Fitch raises Egypt’s economic growth forecast

Prime Minister Dr. Moustafa Madbouly held his weekly press conference...

Madbouly began his weekly address by referring to the report published by the American credit ratin...

Fitch expects Egypt’s foreign reserves to reach $52.6 billion by June 2026

Fitch Ratings has stated that Egypt’s foreign currency reserves are...

The Cabinet Media Center reported on Sunday that net international reserves increased by $2.9 billi...

Agricultural exports hit 8.5 mln tons, surpassing last year's volume

Minister of Agriculture and Land Reclamation, Alaa Farouk, revealed that...

According to the report, citrus continued to lead the list of agricultural exports with a total qua...

Gold market holds steady amid global interest rate jitters

Egypt's gold market maintained relative stability during trading on Sunday,...

The price of 24-karat gold, the benchmark most closely linked to the global rate, was recorded at 6...

USD stable against EGP Tuesday November 18

The exchange rate of the US dollar against the Egyptian pound remained relatively stable on Tuesday...

PM mandates E-Visa rollout across all airports by 2026

Prime Minister Dr. Moustafa Madbouly chaired a meeting Monday to...

The meeting, held at the government headquarters in the New Administrative Capital, focused on faci...

Lecico Egypt’s profit drops 66% in first nine months of 2025

Lecico Egypt announced a 66% year-on-year decline in its net...

The company stated in a disclosure to the Egyptian Exchange today that it recorded a net profit of...