News

The Egyptian Exchange (EGX) fell into the red during its mid-week session. Benchmark index EGX 30 was down during Tuesday trading to fall to 32,707.22 points. The Shariah index dropped by 1.02% to ...
Egypt’s auto market continued its rebound in May, with total vehicle sales rising 15.9% month-on-month to reach 14.3k units — the highest monthly volume since June 2022, according to data from the ...
British International Investment (BII) has announced the signing of agreements exceeding $300 million to support two major renewable energy projects in Egypt, a 1.1 GW wind farm in the Gulf of Suez ...
This initiative aims to offer affordable financing solutions for young entrepreneurs, with a particular focus on priority sectors that drive production and innovation.
The report highlights a rise in the value of Egypt’s exports, which increased by 19.8% to record $4.10 billion in April 2025, up from $3.43 billion in April 2024.
Published during the Bank’s 32nd Annual Meetings in Abuja under the theme African Trade in a Changing Global Financial Architecture, the report noted that Africa’s overall economic growth is expected ...
Private investment in Egypt grew by 24.2% year-on-year at constant prices during the third quarter of FY2024/2025, reaching EGP 142.8 billion, according to a statement released by the Ministry of ...
Agiba Petroleum Company, the joint venture between the Egyptian General Petroleum Corporation (EGPC) and Italy’s Eni, has commenced production from the newly discovered Arcadia West field in Egypt’s ...
In a move to strengthen the digital payments landscape and enhance financial service security and efficiency, the Central Bank of Egypt (CBE) has announced the issuance of new regulations governing ...
Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, reaffirmed Egypt’s commitment to positioning itself as a platform for international investment and ...
Prime Minister, Mostafa Madbouly, said that the government plans to operate three regasification vessels starting from early July, with a total capacity of 2.25 billion cubic feet per day, during his ...