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Economy
- Service : English General
- Category : Economy
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Egypt’s exports up 19.8% in April, trade deficit narrows by 9.5% - CAPMAS
Date: 2025-07-08 17:40:31 GMT - Egypt - Economy - SN:47 - ID:11250340
CAIRO, July 8 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) reported that the country’s exports rose by 19.8% in April 2025 compared to the same month last year, while the trade deficit shrank by 9.5%. According to ....
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NBE warns of possible temporary service disruptions, assures swift restoration efforts
Date: 2025-07-08 16:41:56 GMT - Egypt - Economy - SN:46 - ID:11250310
CAIRO, July 8 (MENA) - The National Bank of Egypt announced Tuesday that some of its banking services may experience temporary disruptions in the coming period, while stressing it is working around the clock to restore full services as soon as ....
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E-finance affirms uninterrupted digital services despite Ramses Central fire
Date: 2025-07-08 15:50:53 GMT - Egypt - Economy - SN:37 - ID:11250252
CAIRO, July 8 (MENA) - All services provided by e-Finance for Financial and Digital Investments remain fully operational across the country and have not been impacted by the recent fire at Ramses Central, Chairman of Egypt’s government digital ....
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25 vessels handled at Damietta Port over past 24 hrs
Date: 2025-07-08 12:48:23 GMT - Egypt - Economy - SN:33 - ID:11250051
DAMIETTA, Egypt, July 8 (MENA) - As many as 25 container ships and cargo vessels were handled at Damietta Port in the past 24 hours. In a statement released Tuesday, Damietta Port Authority said, the total trade volume of imported goods into the ....
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Egypt among top 10 African countries with highest foreign exchange, gold reserve -- report
Date: 2025-07-08 12:14:03 GMT - South Africa - Economy - SN:28 - ID:11249791
AFRICAN CAPITALS, July 8 (MENA) - Egypt was listed among Africa's top 10 African countries with highest reserves of foreign exchange and gold in mid-2025, according to a report published by Business Insider Africa website on Tuesday. High ....
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CBE decides to raise daily cash withdrawal limit from banks to EGP 500,000
Date: 2025-07-08 11:59:38 GMT - Egypt - Economy - SN:17 - ID:11249619
CAIRO, July 8 (MENA) - The Central Bank of Egypt (CBE) announced an increase in the daily limit for cash withdrawals from bank branches in local currency to EGP 500,000, up from the previous limit of EGP 250,000. The decision is temporary in ....
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10,000 tons of goods handled at Red Sea ports
Date: 2025-07-08 11:57:32 GMT - Egypt - Economy - SN:16 - ID:11249670
HURGHADA, Egypt, July 8 (MENA) - Some 10,000 tons of goods were handled at Red Sea ports. In a statement released Tuesday, the Red Sea Ports Authority (RSPA) said, the total trade volume of imported goods into the port recorded 4,000 tons, while ....
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Petroleum min.: Aerial survey projects to identify Egypt’s mining potential
Date: 2025-07-08 11:55:24 GMT - Egypt - Economy - SN:14 - ID:11249606
CAIRO, July 8 (MENA) - Minister of Petroleum and Mineral Resources Karim Badawi said Tuesday transforming the Egyptian Mineral Resources Authority (EMRA) into an economic authority will provide it with mechanisms and capabilities needed for ....
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CBE extends working hours at some branches to 5 pm to serve public
Date: 2025-07-08 11:49:56 GMT - Egypt - Economy - SN:31 - ID:11249770
CAIRO, July 8 (MENA) - The Central Bank of Egypt (CBE) announced extending working hours at selected bank branches - based on each bank’s geographic branch distribution across the country and its internal assessment - until 5:00 pm, instead of 3:00 ....
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EGX suspends trading to maintain market stability
Date: 2025-07-08 07:44:19 GMT - Egypt - Economy - SN:12 - ID:11249437
Cairo, July 8 (MENA) – The Egyptian Stock Exchange (EGX) announced halting Tuesday's trading sessions due to the unfolding events that have impacted the market environment. Brokerage firms are facing technical and logistical difficulties in ....
