PM reviews strategic petroleum reserves, foreign partner payments Prime Minister Dr. Moustafa Madbouly held a meeting today to... Businessmen Team 30 Nov 2025 Cabinet Spokesman Counselor Mohamed El‑Homsani stated that the meeting emphasized the government’s...
Foreign reserves hit record $50.1 bln Egypt's international reserves have surged to a record-breaking $50.1 billion,... Businessmen Team 09 Nov 2025 The center attributed the milestone to continuous economic reforms and rising investor confidence i...
Bapetco unveils new gas discovery in Western Desert The Ministry of Petroleum and Mineral Resources announced on Saturday... Businessmen Team 08 Nov 2025 The ministry stated that the newly discovered well has been added to the production schedule, produ...
US Fed Rate cut reshapes global investment landscape, says analyst The US Federal Reserve’s recent decision to cut interest rates... Businessmen Team 30 Oct 2025 In press statements, Abdel Wahab explained that the financial markets' immediate reaction was muted...
PM, CBE Governor follow up on economic coordination, foreign reserves Prime Minister Dr. Moustafa Madbouly met this evening at the... Businessmen Team 21 Oct 2025 Cabinet Spokesman Counselor Mohamed El-Homsani said the meeting reviewed coordination efforts betwe...
Egypt's economy shows stability, PM Madbouly says Prime Minister Dr. Moustafa Madbouly said the country's economic performance... Businessmen Team 08 Oct 2025 "This is reflected in the exchange rate of the dollar against the pound, which gives very good indi...
Egypt's net reserves stand at $49.5 billion Net international reserves rose to a new record of $49.5... Businessmen Team 07 Oct 2025 Credit rating agency Fitch said in a September 2025 report that it expects the country's net intern...
Saada: Monetary policy balances growth and financing costs Mohamed Saada, Secretary-General of the Federation of Egyptian Chambers of... Businessmen Team 04 Oct 2025 The committee decided to reduce the overnight deposit and lending rates by 1 percentage point, to 2...
Bishai: Inflation expected to drop to around 14% in Q4 2025 Engineer Matta Bishai, head of the Domestic Trade Committee of... Businessmen Team 04 Oct 2025 Bishai explained that the decision was supported by a decline in the annual inflation rate in Egypt...
Gold prices surge in Egypt today Gold prices in Egypt recorded a new historic jump on... Businessmen Team 02 Oct 2025 The 21-karat gold standard, the most widely traded in Egypt, climbed to an unprecedented level of E...
Expatriate remittances to Egypt surge to all-time high of $36.5B Remittances from Egyptians working abroad more than doubled over the... Businessmen Team 29 Sep 2025 The Media Center attributed the record leap in transfers to the Central Bank of Egypt's (CBE) monet...
CBE hosts South African delegation to explore Egypt’s experience The Central Bank of Egypt (CBE) recently received a delegation... Businessmen Team 23 Sep 2025 The delegation included nine experts from the South African Reserve Bank. Their goal was to gain an...