Economy

PM says Egypt aims for lowest public debt levels in 50 years

PM says Egypt aims for lowest public debt levels in 50 years

CAIRO, Dec 24 (MENA) – Prime Minister Mostafa Madbouly said Egypt had begun a downward path in its debt indicators,…
IMF set to approve US$2.7 billion to Egypt after New Year holidays: Source

IMF set to approve US$2.7 billion to Egypt after New Year holidays: Source

An informed government source said that the International Monetary Fund‘s (IMF) Executive Board will convene after the New Year holidays…
Gold rises to highest level in half a century globally

Gold rises to highest level in half a century globally

The global price of gold surged to a level not seen in 46 years, particularly since 1979, with an ounce…
$1.8 billion Egypt-Saudi grid is set to transform energy security across regional power markets

$1.8 billion Egypt-Saudi grid is set to transform energy security across regional power markets

The Egyptian government announced that the electricity interconnection project between Egypt and Saudi Arabia has entered its final stage, paving…
Egypt, Equatorial Guinea FMs in talks over economic, development cooperation

Egypt, Equatorial Guinea FMs in talks over economic, development cooperation

CAIRO, Dec 21 (MENA) – Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty discussed with Equatorial Guinea’s Foreign…
Egypt boosts environmental leadership in 2025 with green economy drive, marine protection and climate action

Egypt boosts environmental leadership in 2025 with green economy drive, marine protection and climate action

CAIRO, Dec 20 (MENA) – Egypt continued in 2025 to strengthen its regional and international leadership in environmental protection and…
Egypt rejects claims of ceding Sokhna land to Qatari firm; clarifies details of $200 million investment

Egypt rejects claims of ceding Sokhna land to Qatari firm; clarifies details of $200 million investment

The Egyptian Cabinet’s Media Center has issued a formal statement to debunk widespread allegations regarding the purported “concession” of land…
Egypt and Romania target $2 billion trade volume

Egypt and Romania target $2 billion trade volume

The Egyptian Businessmen’s Association (EBA) hosted the Romanian Ambassador Olivia Toderean to enhance economic ties, celebrating 120 years of diplomatic relations…
Egypt sees ‘optimistic’ outlook over IMF’s 5th and 6th reviews

Egypt sees ‘optimistic’ outlook over IMF’s 5th and 6th reviews

Minister of Investment and Foreign Trade Hassan al-Khatib and Minister of Planning, Economic Development, and International Cooperation Rania al-Mashat on…
Egyptian commercial fleet set to double in size to 40 ships, transporting 30 million tons by 2030

Egyptian commercial fleet set to double in size to 40 ships, transporting 30 million tons by 2030

The Ministry of Transport, represented by the National Navigation Company (NNC), celebrated a significant milestone in the modernization journey of…
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