News

European officials reached a new deal with Israel to allow desperately needed food and fuel into Gaza, the European Union’s foreign policy chief said Thursday, hours after an Israeli airstrike killed ...
The deals were announced during the visit by a senior Chinese delegation led by the country’s premier to Cairo this week.
Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation ...
As US President Donald Trump wages a trade war across the globe, a new target has come into his line of fire: the BRICS group of emerging major economies.
The CEO of Egypt's third-largest bank tells Al-Monitor why he is hopeful about the country's economic recovery.
The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...
Egyptian Minister of Investment and Foreign Trade Hassan El Khatib announced the policy shift this week, confirming that the ...
Egypt opened Africa’s largest wind farm, raising Gulf of Suez capacity to 912.5 MW. Pro-investor policies have driven Egypt’s 340% renewable energy growth since 2015. Despite vast wind potential, most ...
Arabian Gulf Business Insight on MSN19d
Advancing sustainable finance in Egypt and beyond
Climate change, water scarcity and food security present many challenges to Egypt as it works to become a sustainable economy.   Various public and private initiatives have been rolled out over the ...
The Central Bank of Egypt (CBE) is expected to cumulatively cut rates by 725 basis points (bps) amid a careful unwinding in 2025, according to Deutsche Bank. In its May meeting, the central bank opted ...