money
Egypt launches new stage of National Strategy for money laundering
Egypt
March 19, 2023
Egypt launches new stage of National Strategy for money laundering
The National Strategy for Money Laundering and Terrorism financing aims at boosting the national economy and achieving goals of sustainable…
Egypt keen on attracting more foreign investments: Finance min
Egypt
March 1, 2023
Egypt keen on attracting more foreign investments: Finance min
Minister of Finance Mohamed Maait asserted on Wednesday Egypt’s keenness on effective contribution facilitating the international trade movement and attracting…
Pakistani rupee plummets as markets adjust to removal of unofficial controls
World
January 29, 2023
Pakistani rupee plummets as markets adjust to removal of unofficial controls
The Pakistani rupee fell 9.6% against the dollar on Thursday, central bank data showed — the biggest one-day drop in…
Finance min: Societal dialogue on new budget to be launched in coming few days
Egypt
January 24, 2023
Finance min: Societal dialogue on new budget to be launched in coming few days
Finance Minister Mohamed Maait said that a societal dialogue on the 2023/2024 budget will be launched in the coming few…
ITFC to provide US$1.5 billion to Egypt during 2023
Economy
January 23, 2023
ITFC to provide US$1.5 billion to Egypt during 2023
Minister of Planning and Economic Development, and Governor of Egypt at the Islamic Development Bank Group, Hala al-Saeed announced that…
CBE cancels fees on bank transfer and mobile wallet
Egypt
December 26, 2022
CBE cancels fees on bank transfer and mobile wallet
The Board of Directors of the Central Bank of Egypt has chosen to exempt customers dealing with electronic payment and…
Limiting use of bank cards abroad prevents manipulation, says Egyptian expert
Egypt
December 26, 2022
Limiting use of bank cards abroad prevents manipulation, says Egyptian expert
Egyptian economist Hani Abul-Fotouh said that the withdrawal of foreign currency from outside the country using Egyptian bank cards is…
Gov’t: IMF’s approval of new support package reflects confidence in Egypt’s ability to meet int’l obligations
Egypt
December 18, 2022
Gov’t: IMF’s approval of new support package reflects confidence in Egypt’s ability to meet int’l obligations
The International Monetary Fund’s (IMF) recent approval of Egypt’s comprehensive national economic reform program is a further confirmation of the…
CBE to receive billion dollars from RSF in January
Business
December 4, 2022
CBE to receive billion dollars from RSF in January
Informed sources said that the loan decided by the Resilience and Sustainability Facility (RSF), of the International Monetary Fund recently…
Soaring food prices in Egypt to ease soon, assure officials
Egypt
December 3, 2022
Soaring food prices in Egypt to ease soon, assure officials
Members of the Egyptian chambers of commerce announced that the soaring prices of several commodities in the Egyptian market is…