Domestic liquidity in banking sector increases to EGP 7.737trn in January 2023: CBE
The CBE revealed, in a report on Wednesday, that the money supply declined, to record EGP 1.669trn in January 2023, compared to EGP 1.739trn in December 2022.
SCZone, HEPA sign protocol to exchange experience, develop ports’ information systems
SCZone announced this signing in early February during the promotional tour of SCZone’s Chairperson in Hungary. This came during the closing ceremony of the Egyptian-Hungarian Joint Business Forum chaired by…
Egypt expands ‘Authorized Economic Operator’ to facilitate customs’ dealings: Finance Minister
This includes a priority role in all customs procedures from registration to release through the unified electronic platform for the national trade window, with the allocation of a committee in…
Egypt raises domestic fuel prices by 7-10%
New price for octane 80 petrol set at EGP 8.75, octane 92 petrol EGP 10.25, octane 95 EGP 11.50. Diesel kept unchanged at EGP 7.25
Opinion| Libya: Saga of two governments vying for power
The two North African nations share a long border that extends for nearly 1,050 kilometres. The security vacuum and the fragmentation of Libyan institutions after the fall of the rule…
Ministry of Finance to launch 26 T-bill, bond tenders worth EGP 325.75bn in March 2023
Government aims to borrow about EGP 1.055trn during 3Q FY2023
International companies explore investment opportunities in outsourcing, mobile manufacturing in Egypt
This came during his participation in the activities of the International Mobile Exhibition and Conference (MWC 2023), which is organized by the International Association of Mobile Networks (GSMA) in Barcelona,…
Albatros Palace Sharm El-Sheikh resort celebrates third anniversary
According to the latest classification of the Ministry of Tourism and Antiquities, Albatros Palace Sharm El-Sheikh is considered one of the most important five-star resorts in Sharm El-Sheikh that hosted…
Suez Canal Bank’ profits exceed EGP 1bn in 2022 for first time
30% growth in total financial position, 28% increase in loan, facilities portfolio
Taly introduces full-fledged digital payment ecosystem
In light of the increasing demand for digital transformation by banks, corporate, and the entire business community, Magdy Hassan, CEO of Taly, highlighted the impact of Taly’s services on the…