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Access to loans on favourable terms will be crucial to Africa’s economic recovery from the COVID-19 pandemic, South Africa’s President Cyril Ramaphosa said on Saturday.
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Two cooperation protocols between the Engineering Automotive Manufacturing Co. (EAMCO) and El Nasr Automotive Manufacturing Company, and Egypt’s Brightskies to localise and develop the automotive…
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The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided Thursday to keep the overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25…
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Foreign reserves ticked up $ 38.2 mn in January to end the month at $ 40.1 bn, according to central bank figures released yesterday.
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Egyptian Food Export Council (FEC) said that the country’s food industry sector exports to Germany recorded about $83m between January and November 2020, according to its Deputy Executive Director,…
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Importers, customs agents, and other handlers need to set up an account with the Customs Authority’s new National Single Window for Foreign Trade Facilitation (Nafeza) as Egypt is getting ready to…
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Total current portfolio of development funds that were received during the fiscal year 2019/2020 amount to the equivalent of $25 billion, Ministry of International Cooperation announced.
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The Commercial International Bank (CIB) announced that it has been included on the 2021 Bloomberg Gender-Equality Index (GEI).
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HC Securities & Investment expected the CBE to keep the current interest rates based on its projections for January’s annual headline inflation rate of 5.2 percent, which is near the lower end of…
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Remittances from Egyptians working abroad grew 11.9 percent year-on-year from January to November 2020, the central bank said in a statement on Monday.
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