Economy
FM: Egypt moving steadily towards upgrading economic performance
March 11, 2025
FM: Egypt moving steadily towards upgrading economic performance
Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty stressed that Egypt is moving steadily towards upgrading its economic…
IMF approves disbursement of 4th tranche from loan to Egypt
March 11, 2025
IMF approves disbursement of 4th tranche from loan to Egypt
Egyptian Finance Minister Ahmed Kouchouk announced on Monday that the International Monetary Fund (IMF) has approved the disbursement of the…
PM: Egyptian Economy Shows Positive Indicators at present
March 6, 2025
PM: Egyptian Economy Shows Positive Indicators at present
Prime Minister Mostafa Madbouly asserted that the Egyptian economy shows many positive indicators at present. He said that the Purchasing…
Egypt’s non-oil private sector growth continues in February following increased sales
March 5, 2025
Egypt’s non-oil private sector growth continues in February following increased sales
Egypt’s non-oil private sector continued to improve in February, building on the upward trend seen at the start of 2025…
Gold sees its largest decline since November by 2.7%
March 3, 2025
Gold sees its largest decline since November by 2.7%
The head of the Gold and Precious Metals Division at The Federation of Egyptian Industries (FEI), Ehab Wassef, revealed that…
Egypt expects $1.2 billion IMF loan payment next week
March 1, 2025
Egypt expects $1.2 billion IMF loan payment next week
The Executive Board of the International Monetary Fund (IMF) included Egypt on the agenda of its meeting scheduled for March…
Federation of Egyptian Banks denies any link to ‘GRA’ platform
February 28, 2025
Federation of Egyptian Banks denies any link to ‘GRA’ platform
The Federation of Egyptian Banks issued an official statement completely denying any connection or relationship with the “GRA” platform, stressing…
Egypt unveils LE200 billion relief package amid inflation
February 27, 2025
Egypt unveils LE200 billion relief package amid inflation
Egypt has launched a new social package on Thursday to support groups impacted by rising prices, worth LE200 billion (US$4…
Naguib Sawiris discusses politics, investments and his meeting with North Korea’s leader
February 24, 2025
Naguib Sawiris discusses politics, investments and his meeting with North Korea’s leader
Egyptian businessman Naguib Sawiris revealed the details of his meeting with North Korean President Kim Jong Un, which he called…
Dabaa to be largest nuclear project on the planet despite sanctions: Russian company Rosatom CEO
February 21, 2025
Dabaa to be largest nuclear project on the planet despite sanctions: Russian company Rosatom CEO
Alexey Likhachev, CEO of the Russian company Rosatom, said that sanctions pose an obstacle to the construction of the first…