Central Bank of Egypt i Archives

Egypt's Supply Minister Plans Shifts from In-Kind to Cash Support for Vulnerable

The Egyptian Ministry of Supply is studying a shift from in-kind support to cash or conditional cash support to better serve vulnerable populations....Read More

by WAYA Staff - Oct 22, 2024

Startups

Shorooq Backs Yann LeCun’s $1 Billion Bet to Rebuild AI From Scratch

Abu Dhabi’s Shorooq has joined one of the largest seed rounds in AI history. The raise totals $1.03 billion for...

by WAYA Staff - Mar 10, 2026

Startups

QIA Joins USD 500M Round for US-Based Vast to Build Private Space Stations

QIA Qatar Investment Authority joined a USD 500 million funding round for US-based Vast. The round was led by Balerion...

by WAYA Staff - Mar 10, 2026

Markets

Granite Receives FRA Approval to Launch USD Fixed Income Fund

Granite Granite Financial Holding, received approval from the Financial Regulatory Authority (FRA) to launch a new USD denominated Fixed Income...

by WAYA Staff - Mar 10, 2026

Energy

Oil Prices Plunge After Historic Surge — Here’s the Global Economic Fallout

Global oil markets are in turmoil. After surging past USD 100 a barrel, prices plummeted sharply following signals from the...

by WAYA Staff - Mar 10, 2026

Markets

Abu Dhabi’s Judan Acquires 50.1% Stake in Alpha Wave

Judan Abu Dhabi’s newly formed financial services holding company Judan is acquiring a majority stake in Alpha Wave Global. However,...

by WAYA Staff - Mar 10, 2026

Energy

Egypt Just Raised Fuel Prices by Up to 17%. Here is Why it Had No Choice.

The Iran conflict is now showing up at Egyptian petrol stations. Domestic fuel prices rose by as much as 17%...

by WAYA Staff - Mar 10, 2026

Markets

What Does the Iran Conflict Mean for Egypt’s Economy?

The ongoing Iran conflict is placing pressure on the economy on a global scale. The disruption in shipping, energy flows...

by WAYA Staff - Mar 9, 2026

Money

Wider Consulting to Invest USD 14.3M in Egypt & Saudi to Support Entrepreneurship

Wider Consulting Wider Consulting, a joint Egyptian-Saudi advisory firm, is targeting around USD 14.3 million (EGP 750M) in investments over...

by WAYA Staff - Mar 9, 2026

Markets

Egypt & Saudi Among World’s 20 Largest Economies by Purchasing Power in 2026

Purchasing Power Egypt joined the world’s 20 largest economies when measured by purchasing power parity (PPP), according to data, compiled...

by WAYA Staff - Mar 9, 2026

Markets

The G7 Has Called an Emergency Oil Meeting. Here Is What to Know.

Brent crude jumped 24% in a single morning. The G7 has called an emergency meeting. Trump is already reversing course....

by WAYA Staff - Mar 9, 2026

Central Bank of Egypt i

Egypt's Supply Minister Plans Shifts from In-Kind to Cash Support for Vulnerable

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