Al-Sisi calls for enhanced economic cooperation at BRICS Business Forum
Egyptian President Abdel Fattah Al-Sisi delivered a recorded address to the BRICS Business Forum on Friday, emphasizing the importance of economic cooperation and investment among member countries. “This forum is…
Egypt’s FM underscores importance of African ties in meeting with parliamentarians
Egypt's Foreign Minister and Minister of Emigration, Badr Abdelatty, met with members of the Egyptian House of Representatives' African Affairs Committee on Saturday. The meeting, led by Committee Chairperson Sharif…
Egypt host BRIDGE roundtable to connect private sector with UK funding
Egypt’s Ministry of Planning, Economic Development, and International Cooperation hosted a “Business Roundtable for Innovation, Development & Government Engagement” (BRIDGE) session, bringing together representatives from the private sector, export councils,…
No more fuel price hikes for 6 months, Egyptian PM says
Egypt’s Prime Minister Mostafa Madbouly has said there will be no further fuel price increases in the next six months. Speaking during a visit to the Minya Governorate on Saturday,…
Putin Hosts BRICS Business Forum, Underscores Importance of Economic Cooperation
Russian President Vladimir Putin hosted the BRICS Business Forum on Friday, emphasising the importance of close economic partnership among BRICS nations and highlighting the group's growing economic influence on the…
Will Egypt benefit from the IMF decision to reduce lending fees?
After intense pressure and urgent demands from its member states, the International Monetary Fund (IMF) decided to review its policy regarding the additional fees it imposed on borrowing countries. The…
CBE withdraws EGP 1.24trn from 24 banks in open market operation at 27.75%
The Central Bank of Egypt (CBE) withdrew EGP 1.24tn from 24 banks in open market operations last week, at an interest rate of 27.75%. This action follows the CBE’s recent…
Non-food inflation main driver of overall price increases: CBE
Egypt's annual urban headline inflation slightly increased to 26.4% in September, compared to 26.2% in August 2024. Non-food inflation continued to be the primary driver of headline inflation, as it…
Why CBE maintains interest rates for fourth consecutive time?
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided last Thursday to maintain the overnight deposit and lending rates and CBE’s main operation at 27.25%, 28.25%…
e& Business Egypt showcases cutting-edge digital solutions at GITEX Global 2024
e& Business Egypt, the enterprise arm of e& Egypt, made a significant impact at GITEX Global 2024, one of the world’s largest tech exhibitions, held from 14 to 18 October.…
