Economy

FM: Egypt moving steadily towards upgrading economic performance

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

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

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

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%

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

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

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

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

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

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…
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