Business

GAFI: 3,366 Chinese firms operating in Egypt across multiple sectors

GAFI: 3,366 Chinese firms operating in Egypt across multiple sectors

The number of Chinese investing companies in Egypt has jumped to 3,366 firms, operating across multiple sectors, including textiles, ready-made…
PM emphasizes real estate market regulation draft law

PM emphasizes real estate market regulation draft law

Prime Minister Mostafa Madbouly stressed the importance of regulating the real estate market, explaining that the state is swiftly preparing…
Egypt, Thailand explore advancing economic, investment, and trade ties

Egypt, Thailand explore advancing economic, investment, and trade ties

Deputy Prime Minister for Economic Affairs Hussein Issa affirmed the Egyptian government’s keenness to develop cooperation with Thailand across various…
Planning Minister: Egyptian economy shows exceptional resilience amid regional, global challenges

Planning Minister: Egyptian economy shows exceptional resilience amid regional, global challenges

Minister of Planning and Economic Development Ahmed Rostom said the Egyptian economy has demonstrated exceptional resilience in the face of…
Gold prices rise as US dollar drops

Gold prices rise as US dollar drops

Gold prices advanced on Thursday, buoyed by a softer US dollar as investors closely await key inflation data out of…
Will the Central Bank raise interest rates at its upcoming meeting?

Will the Central Bank raise interest rates at its upcoming meeting?

Expectations are growing that central banks globally will move to raise interest rates to hedge against an inflationary wave triggered…
Egypt’s economy records 5.1% growth in 2025/2026

Egypt’s economy records 5.1% growth in 2025/2026

Egypt’s economy grew 5.1 percent in the 2025/2026 fiscal year, exceeding forecasts by major international financial institutions, Minister of Planning…
Egypt, Dubai chambers discuss boosting joint investments

Egypt, Dubai chambers discuss boosting joint investments

CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed Awad, and CEO of Dubai Chambers Mohamed Ali…
Egypt’s foreign currency reserve up to US$ 57.214 billion in August

Egypt’s foreign currency reserve up to US$ 57.214 billion in August

The Central Bank of Egypt (CBE) announced that total international reserves rose to US$ 57.214 billion at the end of…
When will old lease contracts expire? Everything you need to know

When will old lease contracts expire? Everything you need to know

As the expiration deadline for old lease contracts approaches for legal entities, interest amongst landlords and tenants alike has risen…
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