economy

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

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
Business

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
Business

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’s revenue expected to reach $17.8 billion in 2026, mainly driven by European tourists: Report
Business

Egypt’s revenue expected to reach $17.8 billion in 2026, mainly driven by European tourists: Report

A report by the US rating agency Fitch has disclosed its projections regarding the performance of Egypt’s tourism sector for…
Egypt reports strong GDP growth in Q1 2025-26, led by non-oil industry, tourism, and ICT, minister says
Business

Egypt reports strong GDP growth in Q1 2025-26, led by non-oil industry, tourism, and ICT, minister says

CAIRO, Nov 27 (MENA) – Egypt’s non-oil industrial sector led economic growth in the first quarter of the 2025-26 fiscal…
Egypt’s economy achieves 5.3% growth for 1st time in three years
Business

Egypt’s economy achieves 5.3% growth for 1st time in three years

Egypt’s economy grew by 5.3 percent during the first quarter of the 2025-2026 fiscal year, the first time in three…
CBE holds interest rates steady, citing inflation risks and ‘wait-and-see’ approach
Business

CBE holds interest rates steady, citing inflation risks and ‘wait-and-see’ approach

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) met on Thursday, and decided to maintain key…
CBE cuts key interest rates by 100 bps
Business

CBE cuts key interest rates by 100 bps

CAIRO, Oct 2 (MENA) – The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided Thursday to…
Qatar to launch massive Red Sea tourism project with St. Regis
Egypt

Qatar to launch massive Red Sea tourism project with St. Regis

The Qatari Ambassador to Egypt, Tariq Faraj al-Ansari, has revealed that Qatari Diar Real Estate Investment Company is preparing to…
Spanish royal visit could unlock massive tourism growth for Egypt
Life & Style

Spanish royal visit could unlock massive tourism growth for Egypt

The historic visit by King Felipe VI and Queen Letizia of Spain to Egypt, which included tours of Cairo, Luxor,…
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