Browsing: Egypt

Egyptian Foreign Minister Sameh Shoukry will pay a visit to Türkiye over the weekend. During his visit in weekend ,…

The Egyptian pound has slumped against the US dollar, recording EGP 48.68 for buying and EGP 48.78 for selling in trading at the Commercial International Bank (CIB) of Egypt, as per the bank’s latest update on April 15th.

WASHINGTON: U.S. Secretary of State Antony Blinken discussed Iran’s attack on Israel in separate calls with Jordanian, Saudi Arabian, Egyptian and Turkish counterparts on Sunday, the State Department said.

The EU on Friday said it would provide Egypt with 1 billion euros ($1.07 billion) in short-term financial aid to help stabilise the country’s economy.

Egypt registered a 6.10% increase in tourism revenues to $7.80 billion in the first six months (6M) of the fiscal year (FY) 2023/2024.

The announcement followed a record $35bln investment deal with UAE and coincided with a sharp devaluation of the currency and a 600-basis-point increase in the central bank’s overnight interest rates, breathing new life into Egypt’s flagging finances

In a phone conversation this evening, President Mahmoud Abbas and Egyptian President Abdel Fattah el-Sisi discussed the latest developments in…

Egypt has recorded a primary surplus of EGP 416 billion during the first nine months of the current fiscal year (FY) 2023/2024, amounting to 3% of the gross domestic product (GDP), Minister of Finance Mohamed Maait revealed in a statement on April 8th.

Remittances of Egyptian workers abroad dropped by 21.2% to $9.4 billion in H1 FY2023/2024 from $12 billion in the comparable period a FY earlier

The current account deficit increased to $9.60 billion during the July-December 2023 period from $1.80 billion in H1-22/23, according to the Central Bank of Egypt (CBE)