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 ...

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 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 ...

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 ...

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