Egypt economy
The wealth of nations in the age of AI: What Egypt must get right
Opinion
November 6, 2026
The wealth of nations in the age of AI: What Egypt must get right
Two hundred and fifty years ago, Adam Smith published The Wealth of Nations and challenged the way people understood economic…
Experts explain reasons behind Fitch affirming Egypt’s “B” rating
Business
October 10, 2026
Experts explain reasons behind Fitch affirming Egypt’s “B” rating
The decision by the global credit rating agency Fitch to affirm Egypt’s rating at “B” with a stable outlook has…
Fitch affirms Egypt’s credit rating at “B” with a stable outlook
Business
October 8, 2026
Fitch affirms Egypt’s credit rating at “B” with a stable outlook
Fitch Ratings has affirmed Egypt’s long-term foreign-currency sovereign credit rating at “B” with a Stable Outlook. The agency noted that…
Egypt secures record hard-currency reserves as overseas transfers spike
Main Slider
October 2, 2026
Egypt secures record hard-currency reserves as overseas transfers spike
Egypt’s financial sector achieved its strongest foreign reserve position in six years, boosted by a massive influx of capital from…
Egypt’s economic growth diminishes amid global commodity price shocks: IMF
Economy
April 17, 2026
Egypt’s economic growth diminishes amid global commodity price shocks: IMF
The International Monetary Fund (IMF) has reaffirmed its deepening programmatic engagement with Egypt, stating that the $8.1 billion Extended Fund…
Fitch upgrades Egypt’s credit rating to B with stable outlook
Business
November 2, 2024
Fitch upgrades Egypt’s credit rating to B with stable outlook
Fitch Ratings upgraded Egypt’s credit rating from B- to B with a stable outlook. The credit rating agency said in…
State must leave Egypt’s economy: Ibrahim Eissa
Business
March 11, 2023
State must leave Egypt’s economy: Ibrahim Eissa
Egyptian media host Ibrahim Eissa said that Egypt’s current economic crisis requires that the state step away from the economy…
US dollar to Egyptian pound exchange rate remains stable on Tuesday
Business
July 13, 2021
US dollar to Egyptian pound exchange rate remains stable on Tuesday
US dollar to Egyptian pound exchange rates remained stable on Tuesday at the Central Bank of Egypt, recording LE15.64 for…
Gold prices see unprecedented drop in 8 months
Business
June 20, 2021
Gold prices see unprecedented drop in 8 months
The Secretary of the Gold Division at the Federation of Egyptian Chambers of Commerce Nady Naguib, said that gold prices…
World Bank expects high growth rates for Egypt’s economy in 2022 2023
Egypt
June 9, 2021
World Bank expects high growth rates for Egypt’s economy in 2022 2023
The World Bank on Tuesday said it predicts a rise in the growth rate of the Egyptian economy during 2022…