FinanceTop StoriesEgypt’s foreign trade reaches USD 104.7 billionGBO CorrespondentJanuary 20, 2025 GBO CorrespondentJanuary 20, 2025 With a total trade volume of USD 9.3 billion during this time,...
EnergyTop StoriesSaudi-listed ACWA Power secures USD 692 million for Egypt wind power plantGBO CorrespondentJanuary 7, 2025January 7, 2025 GBO CorrespondentJanuary 7, 2025January 7, 2025 As a leading partner in Egypt’s NWFE programme, the EBRD has emerged...
EconomyTop StoriesEgypt’s GDP growth reaches 3.5% in Q1 FY2024/25GBO CorrespondentJanuary 3, 2025 GBO CorrespondentJanuary 3, 2025 Egypt’s Suez Canal has been witnessing a bloodbath, with its revenues nosediving...
FinanceTop StoriesIMF agreement set to pave way for USD 1.2 billion funding for EgyptGBO CorrespondentDecember 30, 2024 GBO CorrespondentDecember 30, 2024 The deal, which must be approved by the IMF Executive Board, intends...
EconomyTop StoriesEgypt to strengthen IPO programme with 10 offerings in 2025: PM Mostafa MadboulyGBO CorrespondentDecember 16, 2024 GBO CorrespondentDecember 16, 2024 Egypt PM Mostafa Madbouly stated that despite geopolitical tensions and regional crises,...
EconomyTop StoriesMENA Watch: IMF issues 2025 projections for the regionGBO CorrespondentNovember 20, 2024 GBO CorrespondentNovember 20, 2024 The IMF has highlighted that increased oil output, especially from GCC countries...
EconomyTop StoriesIMF to begin delayed review of Egypt loan programme as country’s non-oil economy declinesGBO CorrespondentNovember 7, 2024 GBO CorrespondentNovember 7, 2024 Egypt has successfully implemented a flexible exchange rate system...
EconomyTop StoriesMENA Watch: Impact of Israel’s offensive on the region’s economyGBO CorrespondentNovember 6, 2024 GBO CorrespondentNovember 6, 2024 The humanitarian ramifications of Israel's offensive are profound, with direct consequences for...
EconomyTop StoriesEgypt’s annual inflation rate slows to 26%GBO CorrespondentOctober 17, 2024 GBO CorrespondentOctober 17, 2024 Egypt has tightened its monetary policies by USD 8 billion IMF financial...
EnergyTop StoriesOman on track to surpass 2030 hydrogen production target: IEAGBO CorrespondentOctober 17, 2024 GBO CorrespondentOctober 17, 2024 Oman, the United Arab Emirates, Egypt, Iraq, and Morocco will highlight their...