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Exclusive| Experts Debate Over Education and Health Allocations in New State Budget

Experts are divided over the allocations for education and health in the state general budget for FY 2024/2025, recently approved by the Parliament. Some experts see the new state budget as transparent for reflecting reality, while others believe it did not meet the constitutional requirements set by the Egyptian Parliament.

Updated 6/5/2024 10:25:00 AM
Exclusive | The Secret Unfolded: Why Gold Prices in Egypt are Falling?

Several gold experts have attributed the recent decline in gold prices in Egypt to a drop in global gold prices per ounce.

Updated 5/27/2024 2:28:00 AM
Exclusive | Experts expect steady real estate prices amid weak purchasing power

Real estate prices in Egypt are expected to remain steady in the coming period, Chairman of the Export Council for Building Materials, Refractory, and Metallurgy Industries (ECBM) Walid Gamal Eldin said in an exclusive statement to Arab Finance.

Updated 5/26/2024 2:35:00 AM
Exclusive| Pharmaceutical division seeks drug price increase at crucial meeting with EDA next week

The Pharmaceutical Division at the Federation of Egyptian Chambers of Commerce will meet with representatives from the Egyptian Drugs Authority (EDA) next week to discuss the division's demands to increase drug prices in Egypt by up to 50%, the division’s head Ali Aouf told Arab Finance.

Updated 5/19/2024 10:28:00 AM
Exclusive | Egypt’s Gold Market to Mirror Global Uptrend: Experts Forecast

Gold experts are expecting gold prices in Egypt to rise over the coming period, aligning with the ongoing global uptrend.

Updated 5/19/2024 5:13:00 AM
Exclusive | CBE’s Interest Rate Decision Due Next Thursday: Anticipated Outcomes Explored

The Central Bank of Egypt's (CBE) Monetary Policy Committee will convene for its third meeting of 2024 on Thursday, May 23rd, to discuss the future of deposit and lending interest rates.

Updated 5/19/2024 1:12:00 AM
Exclusive | ECA monitors all commodity prices to avert monopolistic practices: Chairman

The Egyptian Competition Authority (ECA) is currently monitoring the prices of commodities and key products of interest to the masses of citizens to prevent monopolistic practices, ECA’s Chairman Mahmoud Momtaz said in an exclusive statement to Arab Finance on May 12th.

Updated 5/12/2024 3:47:00 AM