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 ...

The attack, involving roughly 400 drones and 18 missiles, struck ahead of a major reconstruction conference in Rome, where ...

The CEO of Egypt's third-largest bank tells Al-Monitor why he is hopeful about the country's economic recovery.

Asian shares are mostly higher after stocks fell on Wall Street as the Trump administration stepped up pressure on trading ...

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.This ...

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 levels reached in March when the International Monetary Fund approved a $1.2 ...

DANIEL C. KURTZER is former U.S. Ambassador to Egypt and former U.S. Ambassador to Israel and the S. Daniel Abraham Professor of Middle East Policy Studies at Princeton University’s School of Public ...

Iran and Israel continue strikes on Wednesday night, after Donald Trump says the US "may" join the Israeli attacks.

Less focused on acquiring assets such as technology and natural resources, Chinese investment is blossoming in manufacturing in emerging economies, helping Chinese enterprises to gain a footing in ...

CAIRO (Reuters) -Egypt's net foreign assets jumped by $4.9 billion in March, central bank data showed, apparently boosted by the approval of the fourth review of the country's IMF programme.

The rise in foreign assets was partly driven by the successful sale of $2 billion in international bonds on January 29, which was Egypt's first dollar-denominated international bond issuance in four ...