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Without Zohr gas field, Egypt would have plunged into darkness says President Sisi
Egypt would have plunged into darkness if not for the Zohr natural gas field, President Abdel Fattah Al-Sisi said on Sunday.
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Egypt is mainly concerned about controlling inflation, not exchange rate: Madbouly
Egypt’s Prime Minister Mostafa Madbouly said that the exchange rate doesn’t reflect the strength of the economy, and Egypt’s main concern is controlling inflation, pointing out that some countries…
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CBE to launch a new EGP index based on gold, basket of currencies-official
The Central Bank of Egypt (CBE) is working on setting an index for the Egyptian pound that will be linked to a basket of gold and other currencies besides the US dollar, the CBE’s acting governor…
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S&P Global affirms Egypt’s rating amid IMF, GCC support
s&P Global Ratings has affirmed Egypt’s B credit rating with a stable outlook on the back of expectations that fresh financial support from the IMF and the GCC will help meet “large” external…
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CIB hosts workshop for Egypt’s textile leaders
Commercial International Bank (CIB), Egypt’s leading private sector bank, hosted over 50 leading corporates in the textile sector as part of the third edition of its flagship programme “Sustaining…
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CBE governor to review Egypt’s monetary policies in light of global developments
The Governor of the Central Bank of Egypt (CBE) Hassan Abdalla, will review Egypt’s monetary policies in light of global developments, on Sunday, during the third session on the first day of the…
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Egypt-Saudi power link project to begin trial operations in May 2025 – official
Egypt-Saudi Power Interconnection project is set to begin its first trial operations by May 2025, while the official operation will begin in two phases with a project capacity of 3,000 megawatts (MW).
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Egypt to launch new tourism promotion campaign next month: ETPB
A new tourism promotion campaign will be launched next month, aiming to present Egypt as a vibrant destination with diverse tourism products, according to Amr El-Qadi, Executive Director of the…
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Egypt Economic Conference 2022 to launch on Sunday
The Egypt Economic Conference 2022 is set to kick off on Sunday in Cairo, with the participation of economists and businessmen, to draw a roadmap for the future of the Egyptian economy, the Egyptian…
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Qatar discusses buying state-held stakes in Vodafone Egypt, other firms for $2.5 billion
Qatar Investment Authority (QIA) is in talks to acquire 20 percent in Vodafone Egypt from Telecom Egypt company with $2.5 billion well as other state-held stakes in unlisted companies, sources close…
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