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Egypt has mobilized $15.6 billion in development financing for the private sector from over 30 bilateral and multilateral development partners between January 2020 and May 2025, according to a new ...
The banking sector grew significantly in February, with the total consolidated financial position of banks operating in the local market—excluding the Central Bank of Egypt (CBE)—rising to EGP 22.039 ...
Al Dahra Egypt, a subsidiary of UAE-based Al Dahra Agricultural Company, is in discussions with the Egyptian government to acquire 80,000 acres in Toshka, East Oweinat, and El-Salhiya regions by 2025.
Egyptian pharmaceutical companies are set to inject around EGP 4 billion ($80 million) into expanding domestic production capacity this year, with plans to establish 20 new production lines. The move ...
The Egyptian Exchange (EGX) continues its positive performance from last week, closing Sunday’s session with a now 4-day green streak. Benchmark index EGX 30 was up by 0.15% to end the session with 32 ...
Egypt’s net international reserves ( NIRs) rose to $47.757 billion at the end of March, up from $47.393 billion at the end of February 2025, an increase of $364 million, according to the latest data ...
Banks operating in Egypt achieved substantial growth in 2024, with net profits soaring to EGP 534.8 billion, nearly doubling from EGP 283.4 billion in 2023, according to a report released by the ...
Egypt's net foreign assets saw a significant boost in February, rising by $1.48 billion, marking the second increase this year. According to data from the Central Bank of Egypt (CBE), foreign assets ...
Egypt’s foreign assets in the banking sector have risen for the third consecutive month, reaching $15.04 billion in March, an increase of approximately 47.5% compared to $10.2 billion in February, ...
The Egyptian government is moving forward with plans to upgrade 11 airports across the country in collaboration with the private sector, aiming to strengthen infrastructure, enhance passenger services ...
Egyptians don’t seem pleased with their current employers, with only 29% of local respondents reporting feeling that they feel “very loyal” to their workplace in a recent survey. In the latest ...
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