Central bank reduces its interest rates by 50 basis points
According to a statement on the bank’s website, the discount and repurchasing…
New investments in the first half of year total EGP 9bn
2204 new investment projects have been founded during the first half of…
Declining Egyptian pound threatens Saudi investments
Saudi-Egyptian business council tells Al-Eqtisadiah newspaper Saudi investments in Egypt will be…
Shura Council seeks national consensus on sukuk
New draft law for sukuk aims to help the Egyptian economy recover…
Traders differ on impact of EGP devaluation
Exporters see an opportunity while importers see disaster in devaluation of currency