Business

14:35

cairo, gmt + 2

19 April

Friday, 2024

The inauguration of our Dubai office is a significant milestone, following the successful establishment of nine branches in Egypt within our first year.

Read More

Magazine

Magazine Egypttoday December 2023

Be Social

Egypt’s primary surplus hits 1.3% during past six years

Thu, 18 Apr 2024 - 03:44 GMT

Furthermore, he pointed to Egypt’s target of achieving a primary surplus of 3.5 percent in the fiscal year 2024/2025.

World Bank expected to disburse $1B from $6B package during H2 2024: Al Mashat

Thu, 18 Apr 2024 - 02:09 GMT

Egypt’s Minister of International Cooperation (MoIC), Rania Al Mashat, recently stated in an interview that the World Bank (WB) is expected to disburse $1 billion during the second half of 2024 as part of the $6 billion support package announced back in March

PM stresses on Egypt’s commitment to boost exports, ensuring market accessibility

Thu, 18 Apr 2024 - 02:04 GMT

To further this objective, a recent meeting was held, bringing together leaders and representatives from export councils.

We call on World Bank to support Africa in mobilizing $277B annually to implement its NDCS: Al-Mashat

Thu, 18 Apr 2024 - 02:04 GMT

Minister Al-Mashat emphasized the importance of securing financial assistance to meet climate action goals. The key requests made to the World Bank included supporting the mobilization of funds for NDC implementation

Cabinet approves Suez Canal Company for Modern Boats free zone establishment

Thu, 18 Apr 2024 - 12:12 GMT

The company will specialize in the manufacturing and maintenance of yachts and marine units, with a commitment to meeting all necessary licensing and regulatory requirements

Egypt aims to reduce its debt rates to 80% by 2027

Thu, 18 Apr 2024 - 11:25 GMT

This strategy aims to extend the life of debt and minimize its burden and cost

Egypt's Administrative Capital Set to Welcome Arab Finance Ministers Meetings in May 2024

Thu, 18 Apr 2024 - 11:01 GMT

This came during a meeting with Fahd Al Turki, Director General and Chairman of the Board of Directors of the Arab Monetary Fund (AMF) on the sidelines of World Bank and IMF spring meetings.

Chinese investments account for 40% of total investments in SCZone since January 2024

Wed, 17 Apr 2024 - 06:00 GMT

During a meeting with the trade delegation from China's Zhejiang Province, SCZone Chairman Walid Gamal El-Din revealed these figures.

Egyptian gold investment funds witness about 103K investors

Wed, 17 Apr 2024 - 05:54 GMT

He emphasized the significant role these funds play in advancing the Egyptian government's efforts to promote financial inclusion.

Central Bank attributes March’s lowered inflation rate to significant drop in food inflation

Wed, 17 Apr 2024 - 04:58 GMT

A decrease in annual food inflation, which settled at 45 percent in March, its lowest since December 2022, was noted as a driving factor

More

New Issue

Be Social