Business Today

The decision was made shortly after the Central Bank of Egypt's move to float the Egyptian pound (EGP) and increase interest rates by 600 ba...

During the press conference, Madbouly stated that the dollar shifted to a commodity traded in the parallel market rather than a currency. Th...

Prime Minister Mostafa Madbouly inspected the artificial silk and polyester factory in Kafr El Dawar and is heading to the Alexandria port t...

The released goods include food commodities, feed, medicines and production requirements Business Today : المصدر Madbouly to supervise cust...

The ambassadors characterized the agreement as a crucial milestone in securing long-term economic stability, fostering growth, and endorsing...

The CBE's directives come within the framework of a comprehensive economic reform program that is being implemented in coordination between...

Currency liberalization - a policy decision to remove restrictions on foreign currency - is a key step towards a market-driven exchange rate...

Governor Hassan Abdalla emphasized the severity of inflation as the most pressing challenge faced by any economy Business Today : المصدر CB...

Egyptian Prime Minister Madbouly announces cap on public investments, signaling push for increased private sector participation in economic...

This committee has the primary objective of establishing and strengthening a comprehensive institutional framework for managing crises, disa...

The IMF loan has been augmented and increased to $8 billion instead of $3 billion “amid significant macroeconomic challenges that have becom...

President of Egyptian Real Estate Council, lauds recent economic measures by highlighting their positive impact on market stability. Busines...

The CBE's bold decision on Tuesday to raise interest rates by 6% sent and allow the weakening of the EGP sent shockwaves through the economy...

Abu El-Naga affirmed the diversified nature of the Egyptian economy, capable of attracting foreign direct investments through upcoming measu...

Egyptian Chamber of Commerce Secretary-General Dr. Alaa Ezz emphasizes the importance of a fair exchange rate and interest rate hike. Busine...

Egypt's Central Bank takes decisive measures to tackle inflation, raising interest rates by 6% and acknowledging a substantial supply of dol...

This came during a meeting between Prime Minister Mostafa Madbouly, UAE Minister of Investment, Mohammed Al Suwaidi within the framework of...

Additionally, the discount rate has been raised by 600 basis points to 27.75 percent Business Today : المصدر CBE raises interest rates to 2...

This station will be established with a capacity of 2 gigawatts to produce electricity and feed the industrial complex in Nag Hammadi near t...

There is currently a high demand for investments in the governorates of Upper Egypt, particularly in new and renewable energy projects, spec...

The Central Bank of Egypt announced that the net international reserves (NIR) reached $35.310 billion at the end of February 2024 Business T...

Al Moselhi added that this happened due to the decline in the price of the dollar against the pound in the unofficial market. Business Tod...

This is because an increasing number of businesses experienced higher input costs due to a significant decline in freight volumes through th...

The African Finance Corporation (AFC) intends to support Egypt’s next large international bonds issuance, whether by strengthening its credi...

In addition to this, there has also been an increase in the costs of ship fuel and ship insurance costs, sometimes reaching 10 times the pre...