Economy
Egypt’s external debt rises to US$ 161.23 billion at the end of June
October 29, 2025
Egypt’s external debt rises to US$ 161.23 billion at the end of June
Egypt’s external debt rose to US$161.23 billion by the end of June, compared to $ 156.689 billion at the end…
CBE, Foreign Ministry launch ‘Open Your Account in Egypt’ for expats
October 27, 2025
CBE, Foreign Ministry launch ‘Open Your Account in Egypt’ for expats
The Central Bank of Egypt (CBE) and the Ministry of Foreign Affairs, Immigration, and Egyptian Expatriates Affairs launched the “Open…
IMF reveals its position on disbursing support tranche to Egypt
October 18, 2025
IMF reveals its position on disbursing support tranche to Egypt
The Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), Jihad Azour, said that…
Egypt hikes fuel prices: Gasoline up 20-25% on Friday
October 17, 2025
Egypt hikes fuel prices: Gasoline up 20-25% on Friday
Gasoline and diesel prices in Egypt saw a significant new increase on Friday. The price of all grades of gasoline…
Standard & Poor’s raises Egypt’s rating to ‘B’ with stable outlook
October 11, 2025
Standard & Poor’s raises Egypt’s rating to ‘B’ with stable outlook
Standard & Poor’s announced on Friday that it has upgraded Egypt’s rating to “B” with a stable outlook. The rating…
Egypt’s Petroleum Minister assures octane price increase will be the last
October 8, 2025
Egypt’s Petroleum Minister assures octane price increase will be the last
Minister of Petroleum and Mineral Resources Karim Badawi said that the octane price increase will be the last in the…
Turkish investments in Egypt rise up to US$4 billion: Official
October 5, 2025
Turkish investments in Egypt rise up to US$4 billion: Official
The Head of the Egyptian Commercial Representation and Minister Plenipotentiary for Trade Abdel-Aziz al-Sherif, affirmed that trade and investment relations…
US dollar price in Egypt now returns to its true value: Economist
October 4, 2025
US dollar price in Egypt now returns to its true value: Economist
Economist Sherif Awad explained on Friday that the Central Bank‘s one percent interest rate cut will have a positive impact…
Qatar to launch massive Red Sea tourism project with St. Regis
October 2, 2025
Qatar to launch massive Red Sea tourism project with St. Regis
The Qatari Ambassador to Egypt, Tariq Faraj al-Ansari, has revealed that Qatari Diar Real Estate Investment Company is preparing to…
Egyptian expat remittances double in a decade, hitting record $36.5 billion
September 30, 2025
Egyptian expat remittances double in a decade, hitting record $36.5 billion
The Egyptian Cabinet Media Center has released several infographics highlighting the record surge in remittances from Egyptians working abroad and…