economy

Egypt repays a total of $38.7 billion in debt during 2024
Egypt

Egypt repays a total of $38.7 billion in debt during 2024

Egyptian Prime Minister Mostafa Madbouly confirmed that the amount of debt due in the coming year will be less than…
Egypt to be among the largest economies in the world by 2075: Report
Business

Egypt to be among the largest economies in the world by 2075: Report

A recent economic report monitoring the conditions of several African countries predicts that Egypt will become among the largest economies…
Global economic slowdown in 2024 – Cabinet Center
Business

Global economic slowdown in 2024 – Cabinet Center

The Cabinet’s Information and Decision Support Center said on Sunday 22/12/2024 a global economy slowdown was reported in 2024 prompted…
Is now a good time to buy gold?
Business

Is now a good time to buy gold?

The former secretary-general of the Gold Division, Nageeb Najieb, stated that the best options for investing in gold are the…
D-8 convenes commissioners’ meetings in Cairo
Egypt

D-8 convenes commissioners’ meetings in Cairo

The D-8 Organization for Economic Cooperation kicked off on Tuesday the meetings of the 48th session of its commission, in…
“Don’t be alarmed if the exchange rate increases”: Egypt’s Prime Minister
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“Don’t be alarmed if the exchange rate increases”: Egypt’s Prime Minister

Prime Minister Mostafa Madbouly addressed concerns about the Egyptian pound’s exchange rate during a press conference on Thursday. He assured…
New tax plan – Egypt agrees to 10 new IMF conditions
Business

New tax plan – Egypt agrees to 10 new IMF conditions

A mission from the International Monetary Fund (IMF), led by Ivana Vladkova Hollar, issued a statement at the conclusion of…
Central Bank of Egypt announces increase in foreign reserves to $46.94 billion
Business

Central Bank of Egypt announces increase in foreign reserves to $46.94 billion

The Central Bank announced an increase in net foreign reserves to US$46.94 billion at the end of October, compared to…
A rejuvenated railway could change how minerals move in Africa – and globally
World

A rejuvenated railway could change how minerals move in Africa – and globally

CNN  —  In late August, a container vessel sailed out of Angola’s Port of Lobito carrying railway operator Lobito Atlantic…
BRICS+ and a global system in the making
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BRICS+ and a global system in the making

The BRICS+ grouping will not provide the magical solutions to economic crises and overnight changes to the global financial system…
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