Limited access to formal financial services has historically constrained inclusive growth and private sector development in Egypt. But a concerted drive from the government and the banking sector have ...

The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...

He also indicated that this step is expected to “elevate economic cooperation to more advanced and effective levels ...

CAIRO, July 14 (Xinhua) -- As China and Egypt -- now fellow BRICS members following Cairo's 2024 accession -- are to mark their 70th anniversary of diplomatic relations in 2026, analysts anticipate a ...

They are enhancing cooperation in local currency settlement. The People’s Bank of China (PBOC) and the Central Bank of Egypt ...

Bank ABC has been recognised as the Best Bank for Transaction Banking in the Middle East by The Banker - Financial Times for a second time. This regiona ...

Visitor numbers in Egypt have reportedly risen by almost a quarter in the first half of this year. Tourists increased by 24 percent to 8.7 million between January through to June 2025, Ashraq Business ...

Higher global interest rates and a pause in deals from Egypt and Qatar contributed to the lower volume, despite continued activity in Saudi Arabia and the UAE ...

Neoliberal globalized capitalism spread across the globe at the turn of the 1990s following the fall of the Berlin Wall, the end of the Warsaw Pact, and ...

Throughout his adult life, he was a national property. Twice in history, fate had entrusted on the Daura-born leader the ...

Shivaji Sarkar The “King Dollar” is feeling threatened-not by a rival superpower, but by a non-currency from BRICS. In response, President Donald Trump has proposed a 10 per cent additional tariff on ...

Israeli forces killed 117 Palestinians and wounded a further 557 in the past 24 hours, the Palestinian health ministry said ...