Egypt’s overall budget deficit narrowed slightly in the first six months of the fiscal year, while the primary surplus rose to about EGP 230bn, its...

The Central Bank of Egypt (CBE) recorded a net profit of EGP 133.4bn in February 2025, up from EGP 123.9bn in January, according to its latest...

The Central Bank of Egypt (CBE) recorded a net profit of EGP 133.4bn in February 2025, up from EGP 123.9bn in January, according to its latest...

Egypt’s instant payment network will begin charging fees ranging from 50 piastres to EGP 20 on transfers made through its “Instapay” application...

Egypt’s instant payment network will begin charging fees ranging from 50 piastres to EGP 20 on transfers made through its “Instapay” application...

Jim Chalmers had overseen back to back surpluses, but those days are over the Treasurer said tonight, as he announced the budget would be in deficit...

Jim Chalmers had overseen back to back surpluses, but those days are over the Treasurer said tonight, as he announced the budget would be in deficit...

Egypt’s annual urban headline inflation fell significantly to 12.8% in February 2025, down from 24.0% in January, marking its lowest level in nearly...

Egypt’s annual urban headline inflation fell significantly to 12.8% in February 2025, down from 24.0% in January, marking its lowest level in nearly...

Mona Zulficar, Chairperson of the Egyptian Federation for Financing Medium, Small, and Micro Projects (MSMEF), announced that Egypt’s microfinance...