News

Egypt's net foreign assets turned negative in February 2022 and only returned to positive territory in May last year ...
Egypt's net foreign assets rose by $1.2 billion to $14.7 billion in May, central bank data showed on Monday, approaching ...
The net foreign assets of the banking sector (the central bank and commercial banks) rose by about $1.2 billion to $14.7 billion in May 2025, compared to $13.6 billion in the previous month.
A floating exchange rate and international support have helped draw billions of dollars back into Egypt’s economy. Now the banking industry hopes to see reforms to create a more dynamic private sector ...
Minister El-Shimy outlined the ministry’s comprehensive strategy for reforming its affiliated companies, aimed at enhancing performance and ensuring long-term sustainability ...
Western and Eastern energy giants are competing for new Egyptian gas exploration blocks. As Egypt opens 12 key Mediterranean ...
Egypt marked the 12th anniversary of the June 30 uprising on Monday with President Abdel Fattah el-Sisi vowing to press ahead ...
In the wake of the recent conflict between Israel and Iran, the question of military strength in the Middle East has been at ...
A streak of bad news has been hitting Egypt for the last month, but the economy is showing its resilience to internal and ...
The latest ‘World Investment Report’ from UN Trade and Development (Unctad) highlights a significant rebound in foreign ...
In light of the recent conflict between Israel and Iran, military spending in the region is ramping up. Fighter jets and ...