Business
IMF projects Egypt’s tourism revenues to reach US$ 28.7 billion by 2030-2031
March 28, 2026
IMF projects Egypt’s tourism revenues to reach US$ 28.7 billion by 2030-2031
The International Monetary Fund (IMF), in its fifth and sixth reviews of the Egyptian economy, projected that tourism revenues would…
Egypt moves to double currency swap with China amid regional war fallout
March 26, 2026
Egypt moves to double currency swap with China amid regional war fallout
As military tensions continue to reshape the Middle East, Egypt is moving to solidify its financial defenses through deeper strategic…
Why an end to the war won’t take fuel prices back to normal overnight
March 24, 2026
Why an end to the war won’t take fuel prices back to normal overnight
An end to the Iran war will bring immediate relief to oil and natural gas markets, but it could take…
Finance Minister: Basic needs, social protection top fiscal agenda
March 22, 2026
Finance Minister: Basic needs, social protection top fiscal agenda
Minister of Finance Ahmed Kouchouk stressed that the current priority is to secure sufficient and sustainable financial resources to meet…
Expert warns of $200 oil in ‘greatest energy crisis in history’
March 22, 2026
Expert warns of $200 oil in ‘greatest energy crisis in history’
International energy consultant Mamdouh Salameh warned that the ongoing closure of the Strait of Hormuz—even for a brief period—will trigger…
Why the Trump administration is easing sanctions on certain Iranian oil stockpiles
March 21, 2026
Why the Trump administration is easing sanctions on certain Iranian oil stockpiles
Trump administration officials are making a desperate push to secure every available barrel of oil amid a worsening energy crisis…
Property tax exemption for primary residences raised to LE 8 million: Finance Minister
March 20, 2026
Property tax exemption for primary residences raised to LE 8 million: Finance Minister
Minister of Finance Ahmed Kouchouk has announced a suite of unprecedented tax facilities and incentives designed to alleviate financial pressures…
Egypt targets 100 new Mediterranean gas wells in historic exploration initiative
March 19, 2026
Egypt targets 100 new Mediterranean gas wells in historic exploration initiative
The Egyptian Ministry of Petroleum and Mineral Resources has announced the commencement of an extensive exploratory drilling campaign in the…
Agriculture min. witnesses inking of MoU to boost innovation in farming sector
March 18, 2026
Agriculture min. witnesses inking of MoU to boost innovation in farming sector
Minister of Agriculture and Land Reclamation Alaa Farouk witnessed, Tuesday, March 17, the signing of a memorandum of understanding to…
CBE announces extended bank holiday for Eid al-Fitr 2026
March 18, 2026
CBE announces extended bank holiday for Eid al-Fitr 2026
The Central Bank of Egypt (CBE) and the Egyptian Cabinet have officially declared a five-day paid holiday in observance of…