IMF loan to stabilise Egypt’s economic situation: Fitch Solutions

They added in a report: Contrary to our expectations, authorities proceeded with an immediate rather than a gradual weakening of the currency. Indeed, on 27 October, the Central Bank of…

Daily News Egypt

ALCOs hold meetings to discuss fate of interests after CBE’s 2% basic rate increase

Yield on some savings certificates, loan products to automatically increase by same percentage

Hossam Mounir

Royal Jewellery Museum celebrates its 36th anniversary

Museum launches archaeological and artistic exhibition, documentary film about Princess Fatima Haider

Daily News Egypt

We hope that developed countries will bring plans to reduce gas emissions to COP27: Egypt’s FM

In an interview with British newspaper The Guardian, Shoukry expressed hope that developed countries will bring plans to reduce emissions to the upcoming UN Conference of Parties on Climate Change…

Sami Hegazi

Adopting flexible exchange rate to benefit Egyptian exports

Manufacturers calls for new initiatives to support industry after raising interest rate

Shaimaa Al-Aees

How did EGX respond to Egyptian pound flotation?

EGX30 records seven-month high at 11,072 points

Daily News Egypt

Recession still dominates mobile market, prices likely to increase by 20%

Cancelling the opening of documentary credits by the end of the year will support manufacturing locally

Mohamed Alaa El-Din

Liberalisation of exchange rate will impact outbound tourism negatively: Experts

This decision impacted mostly all sectors in the economy, either positively or negatively, so Daily News Egypt explored the impact of this decision on the tourism sector.

Nehal Samir

Egypt’s authorities examine 192,000 new-borns within early detection of genetic diseases initiative 

The initiative aims to ensure a healthy generation that is free of disabilities

Daily News Egypt

Arab FMs hold preparatory meeting for 31st Arab Summit

Previously, Algerian FM Ramtane Lamamra received the rotating presidency of the summit from his Tunisian counterpart Osman Jerandi.

Sami Hegazi