Year: 2022

CBE raises interest rate by 1% in exceptional meeting, Egyptian pound declines significantly

The CBE believes in the importance of exchange rate resilience to absorb…

Hossam Mounir Hossam Mounir

Egypt’s Al-Sisi discusses draft budget for FY 2022/23

Al-Sisi directs government to prepare social protection measures to mitigate effects of…

Daily News Egypt Daily News Egypt

US dollar exchange increases EGP 1.75 against backdrop of interest rise

Greenback records EGP 17.4 for purchase and EGP 17.5 for sale at…

Daily News Egypt Daily News Egypt

NBE, Banque Misr offer one-year 18% saving certificates

Yehia Abou El-Fotouh, Vice Chairperson of the NBE, said the bank’s new…

Hossam Mounir Hossam Mounir

Egypt’s Monetary Policy Committee increases key policy rates by 1% in extraordinary meeting

Objective of raising policy rates is to anchor inflation expectations, contain effects…

Hossam Mounir Hossam Mounir

Egypt’s Health Minister discusses bilateral cooperation with Zambian Ambassador 

The Zambian ambassador thanked Egypt for providing logistical support to the health…

Daily News Egypt Daily News Egypt

Brmaja acquires 70% of Wellness Plus mental health platform

Brmaja Innovation owns 70% of the new entity, where the platform will…

Mohamed Alaa El-Din Mohamed Alaa El-Din

Al-Mashat visits Assiut to follow up on sustainable development efforts

To map out SDG progress and achieve communication for development (C4D) goals,…

Daily News Egypt Daily News Egypt

ESCWA honours ITI for the excellence of its ‘Maharah Tech’ training platform.

The Maharah Tech platform was chosen as one of the best projects…

Mohamed Alaa El-Din Mohamed Alaa El-Din