Egypt's finance minister Ahmed Kouchouk said the sovereign is eyeing a return to the Panda and Samurai markets in the current fiscal year to access scale and cost-effective financing as part of a ...

The Central Bank of Egypt left its deposit rate unchanged at 19 percent and lending rate at 20 percent on Friday, marking a ...

CAIRO (Reuters) -Egypt's real gross domestic product grew by 4.5% in the 2024-25 financial year, up from 2.4% the previous year, Finance Minister Ahmed Kouchouk said on Saturday, boosted by reforms ...

The last 12 months have cemented Egyptian banks’ reputation for being well run and robust in the face of economic turmoil. The country’s 2023–2024 macroeconomic and balance-of-payments crisis was ...

CAIRO (Reuters) -Egypt's economy is forecast to grow 4.6% in the fiscal year to next June as inflation and interest rates continue to fall and a weaker currency boosts exports, a Reuters poll showed ...

The Egyptian pound fell on Sunday to its lowest level on record, dropping for the first time below 52 pounds to the US dollar on official markets. The sharp depreciation comes as foreign investors ...

CAIRO (AP) — The International Monetary Fund says it allowing Egypt to draw on about $2.3 billion from an earlier approved loan, noting that the country has made progress in restoring economic ...

CAIRO, May 29 (Reuters) - Egypt's M2 money supply rose by 16.5 percent in the year to the end of April, the central bank said on Thursday. Money supply rose to 1,459.6 billion Egyptian pounds ($204.13 ...

ADIB Egypt has firmly established itself as the foremost Islamic bank in Egypt through a series of considerable achievements, robust financial growth and innovative customer-centred products. In terms ...