The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to keep key policy rates unchanged at its meeting today, April 2nd, maintaining its current monetary stance.
The final week of March closed with several notable developments. The Egyptian Cabinet approved an increase in the minimum wage by EGP 1,000, while the Ministry of Transport implemented price hikes on train tickets and selected metro fares.
The Central Bank of Egypt (CBE) affirmed that all banks operating in Egypt have implemented credit policies in accordance with the set regulations, according to a statement.
Red Sea destination El Gouna, developed by Orascom Development (ORHD), has launched “Nuba El Gouna,” its first fully serviced apartment project, introducing a residential offering that combines hotel-style amenities with integrated property management.
Traffic at airports operated by the Egyptian Airport Company (EAC) continued to deliver a strong performance since the beginning of 2026 despite the US-Iran war and its impact on aviation
