News

Egypt's Financial Regulatory Authority (FRA) is serious about reforming the business environment in the non-banking financial sector to boost the con ...
We will explore how the banking sector, policymakers, and other stakeholders can innovate and collaborate to more effectively ...
Egypt and China entered into three financial cooperation agreements on Thursday. The main topics of discussion included the creation of agreements to facilitate trade in local currencies and the ...
Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the ...
July 15, 2025 https://doi.org/10.5089/9798229017169.002 Country Report No. 2025/187 ...
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 ...
Western and Eastern energy giants are competing for new Egyptian gas exploration blocks. As Egypt opens 12 key Mediterranean ...
The CEO of Egypt's third-largest bank tells Al-Monitor why he is hopeful about the country's economic recovery.
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 ...
The deficit in Egypt's foreign assets deficit declined by nearly 3 percent - EGP 24.92 billion ($807.95 million) - on a monthly basis in July, as assets rose at a pace faster than the growth 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.
Egypt and Qatar commit to a $7.5 billion investment partnership. The agreement was made during Egyptian President Abdel Fattah al-Sissi’s visit to Qatar. The two countries aim to enhance economic ...