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Egypt, Central Bank
Egypt's current account deficit quadruples, central bank says
Egypt's current account deficit more than quadrupled to $20.8 billion in the 2023/24 fiscal year from $4.7 billion a year earlier, mostly due to an increase in the trade deficit and a fall in Suez Canal transit receipts,
Central Bank of Egypt issues treasury bills worth over $1bn
Egypt’s central bank has issued treasury bills worth 50 billion Egyptian pounds ($1.06 billion) as the country seeks to manage liquidity and support gov
Egypt’s Central Bank Plans United Bank Stake Sale in Early 2025
Egypt's Central Bank has announced plans to sell a stake in United Bank through an initial public offering (IPO) by the first quarter of 2025. This move is part of the country's broader strategy to attract foreign investments and reduce fiscal deficits.
1h
Brit tourist stranded in Egypt hospital after falling over and breaking his hip
Geoff Seedall and his family say they are being forced to raise £55,000 to get back home to Stalmine, Lancashire, despite ...
Egyptian Streets
22m
Egypt to Offer Red Sea’s Berenice to Investors
Egypt plans to offer peninsula-based Berenice as one of five key coastal concessions by the Red Sea in its ongoing strategy ...
20h
Egypt edges towards replacement of food subsidies with cash payments
A forum set up by Egypt's president began discussing on Monday a possible shift in the country's subsidy programme towards ...
18h
Israel has tactics, but no strategy, Egypt’s former Foreign Minister says
Israel has tactics, but no strategy, Egypt's former Foreign Minister says Egypt's former Foreign Minister Nabil Fahmy talks ...
41m
on MSN
Foreign Office urgent travel warning for 18 countries including Egypt and Tunisia
The UK's Foreign Office has issued an alert for Brits planning trips to 18 destinations such as Egypt and Tunisia due to ...
Zawya
4h
Egypt collects $24mln from crackdown on electricity theft in 6 weeks
During a meeting headed by Prime Minister Mostafa Madbouly, Esmat added that this amount was secured through fines imposed on ...
3h
Holidaymaker trapped in Egypt after fall as insurance won't pay out
A holidaymaker who fell over and broke his hips says he being forced to raise £55,000 to get back home despite being insured.
2d
on MSN
Lebanon, Egypt, Jordan: What is the latest travel advice amid the Israel-Hamas war?
The DFA advises arriving by air if travelling to Sharm el-Sheikh, Hurghada and immediate surrounds and Marsa Alam and ...
Zawya
4h
IMF to conduct 4th review of Egypt’s economic program in November
Egypt - The International Monetary Fund (IMF) is set to begin the fourth review of Egypt’s economic reform program in ...
4d
Family and rights groups urge Egypt to free imprisoned activist as his 5-year sentence ends
Rights groups and the family of Egyptian activist Alaa Abdel-Fattah have urged authorities to release him when his five-year ...
Opinion
6d
on MSN
Opinion
A Marriage of Convenience—the Limits of a Turkish Rapprochement With Egypt | Opinion
For Egypt, the East Mediterranean represents untapped potential in energy exploration. Ankara's assertiveness in the region, ...
sis
1h
PM: Egypt made great strides in green hydrogen & ammonia production industry
Prime Minister Mostafa Madbouli said
Egypt
had made great strides in the green hydrogen and green ammonia production ...
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