The Central Bank of Egypt (CBE) announced a significant surge in remittances from Egyptians working abroad, which reached $20 billion during the first seven months of FY2024/2025, compared to ...

Mostafa Madbouly, Prime Minister, confirmed that the final draft of the Export Subsidy Program has been completed and is scheduled to be implemented starting July 1st for a period of three years. In a ...

Suez Canal revenues saw a sharp decline of 61% in 2024, falling to $3.9 billion compared to $10.2 billion in 2023, according to Osama Rabie, Chairman of the Suez Canal Authority (SCA). The ...

Egypt is planning to issue $ 2 billion in sovereign sukuk during 2025 through a series of offerings, according to Finance Minister Ahmed Kouchouk in a statement to Reuters. The government has already ...

Egypt's non-oil private sector experienced its first contraction of 2025 in March, marking a significant downturn in business conditions. The latest data from the S&P Global Egypt Purchasing Managers’ ...

Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, announced that public investments allocated to Egypt’s Information and Communications Technology (ICT) ...

Trade relations between Egypt and France continued to strengthen in 2024, with the total volume of trade reaching $2.9 billion, up from $2.5 billion in 2023, according to data from the Central Agency ...

Minister of Finance, Ahmed Kouchouk, announced that public sector salaries in Egypt will be increased starting July 1, 2025, in conjunction with the implementation of FY2025/2026 state budget. This ...

Egypt's net foreign assets saw a significant boost in February, rising by $1.48 billion, marking the second increase this year. According to data from the Central Bank of Egypt (CBE), foreign assets ...