Economy
Egypt to receive 4 billion euros in EU budget support
May 20, 2025
Egypt to receive 4 billion euros in EU budget support
Minister of Planning, Economic Development, and International Cooperation Rania al-Mashat announced that efforts are in place alongside the European Union…
SCZone, GS Global Sourcing Co. to set up 15-million-dollar project in Qantara area
May 19, 2025
SCZone, GS Global Sourcing Co. to set up 15-million-dollar project in Qantara area
The Suez Canal Economic Zone (SCZone) signed on Sunday, 18-5-2025, a contract with GS Global Sourcing Co Ltd to set…
Mashat hold talks with IMF to secure US$ 1.3 billion financing from RSF
May 15, 2025
Mashat hold talks with IMF to secure US$ 1.3 billion financing from RSF
Egyptian Minister of Planning, Economic Development and International Cooperation Rania al-Mashat held a meeting with the International Monetary Fund (IMF)…
Which Arab country has the most significant trade with the US?
May 14, 2025
Which Arab country has the most significant trade with the US?
Egypt recorded the highest growth rate in trade with the US in the Middle East, reaching 69 percent, according to…
Egypt sees unprecedented, historical leap in expat remittances: CBE
May 13, 2025
Egypt sees unprecedented, historical leap in expat remittances: CBE
The Central Bank of Egypt (CBE) announced that remittances from Egyptians working abroad has seen a unprecedented and historic leap…
UAE giant to develop gigantic Suez Canal Zone in 50-year deal
May 5, 2025
UAE giant to develop gigantic Suez Canal Zone in 50-year deal
The Chairman of the SCZone, Waleid Gamal al-Dien, commented on the signing of an agreement by the UAE’s AD Ports…
Mashat: Fiscal, monetary reforms aim to consolidate macroeconomic stability
May 3, 2025
Mashat: Fiscal, monetary reforms aim to consolidate macroeconomic stability
Egypt has implemented a series of fiscal and monetary reforms since March 2024 to consolidate macroeconomic stability and advance transition…
Egypt’s rate cut on thin ice? IMF issues stark warning
May 2, 2025
Egypt’s rate cut on thin ice? IMF issues stark warning
The International Monetary Fund (IMF) has called on Egypt to exercise caution in its path of interest rate cuts, given the…
PM: Supply of Products in Market Influences Pricing
May 1, 2025
PM: Supply of Products in Market Influences Pricing
Prime Minister Mostafa Madbouly said that the government exerts great efforts to ensure a reassuring stockpile of various commodities, in…
IMF and World Bank expect Egypt’s economic growth to increase, Mashat
April 30, 2025
IMF and World Bank expect Egypt’s economic growth to increase, Mashat
Minister of Planning, Economic Development, and International Cooperation Rania al-Mashat participated in a press conference held by Prime Minister Mostafa…