Day: July 23, 2025

The Central Bank of Egypt (CBE) announced on Tuesday that tourism revenues rose by 15.4 percent to US$ 12.5 billion across a nine month period (July 2024-March 2025), compared to approximately $10.9 billion during the same period of the previous fiscal year. The Central Bank’s Balance of Payments report showed…

Prime Minister Mostafa Madbouly said the government continues its efforts to maintain a sustainable downward trend in external debt, while focusing on attracting more new foreign investments to exploit promising investment opportunities in various sectors. Madbouly made the comments during a cabinet meeting that he held on Tuesday, July 22,…