Economy
Egypt’s trade to BRICS countries soars over 30% post-admission
June 12, 2025
Egypt’s trade to BRICS countries soars over 30% post-admission
A new report from Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) reveals a significant increase in Egypt’s trade…
Egypt paid US$ 13.3 billion in interest and installments in 3 months: CBE
June 11, 2025
Egypt paid US$ 13.3 billion in interest and installments in 3 months: CBE
The Central Bank of Egypt (CBE) announced that Egypt has paid approximately US$13.354 billion in interest and installments on its…
Egypt’s tourism sees 25% surge in early 2025, defying regional challenges
June 7, 2025
Egypt’s tourism sees 25% surge in early 2025, defying regional challenges
Despite facing persistent geopolitical challenges in the region, Egypt’s tourism sector has experienced a notable increase in visitor arrivals, as…
Egypt’s inflation surges at fastest pace this year in May
June 4, 2025
Egypt’s inflation surges at fastest pace this year in May
Egypt’s urban inflation rate saw its fastest acceleration of the year in May, reaching 16.8 percent year-on-year, up from 13.9…
FM reviews Egyptian efforts to promote investment atmosphere
May 29, 2025
FM reviews Egyptian efforts to promote investment atmosphere
CAIRO, May 29 (MENA) – Egyptian Minister of Foreign Affairs and Emigration Badr Abdelatty held a high-level meeting in Rabat…
Egypt looks forward to establishing American industrial zone in Suez Canal: Sisi
May 27, 2025
Egypt looks forward to establishing American industrial zone in Suez Canal: Sisi
Egyptian President Abdel Fattah al-Sisi on Monday received a delegation of US businessmen participating in the Egyptian-US Economic Forum held…
Economist says Egypt’s debt servicing bill exceeds 50% of public spending
May 26, 2025
Economist says Egypt’s debt servicing bill exceeds 50% of public spending
Economic expert Nermin Tahoun said that Egypt’s debt servicing bill currently exceeds 50 percent of public spending, which poses a…
Planning Minister says IsDB’s new strategy approved at critical timing
May 26, 2025
Planning Minister says IsDB’s new strategy approved at critical timing
Egyptian Minister of Planning, Economic Development and International Cooperation, and Egypt’s Governor to the Islamic Development Bank (IsDB) Group, Rania…
US dollar in decline, stock prices suffer 3% loss
May 25, 2025
US dollar in decline, stock prices suffer 3% loss
Major stock indices fell on Friday, with the US dollar now trading sharply lower after US President Donald Trump issued…
Sisi ratifies final accounts for FY 2023–2024 budgets of several authorities
May 24, 2025
Sisi ratifies final accounts for FY 2023–2024 budgets of several authorities
CAIRO, May 22 (MENA) – President Abdel Fattah al-Sisi has ratified laws approving the final accounts for the budgets of…