Egypt aims to reduce debt-to-GDP ratio below 85% as country registers 2.4% growth
Egypt’s GDP growth rate slowed to 2.4% in the fourth quarter of...
Egypt
Investors’ eyes on Egypt as nation prepares to sell government stakes in banks
The deal value is expected to be much less than the USD...
No more power cuts, says Egypt PM Mostafa Madbouly
Egypt PM Mostafa Madbouly explained that the government had initially allocated $1.18...
Egypt seeks bank financing to boost food security
Egypt is a major global wheat importer and heavily relies on wheat...
Egypt’s economy shows signs of recovery despite challenges: IMF
The release of the IMF's review on Egypt has identified several encouraging...
Egypt may begin monetary easing cycle in September, rate cut by 2024-end
Egypt’s official gazette reported an up to 15% price hike for petrol,...
Egyptian tourism revenues increase by 4.7% in 2024
Egypt regularly monitors the number of incoming tourists from key markets to...
World Bank greenlights USD 700 million financing package for Egypt
In March, the World Bank Group announced a three-year $6 billion programme...
Egypt temporarily extends daily power outages to three hours
Officials in Egypt have attributed power cuts to the growing demand from...
Egypt business conditions improve in May as inflationary pressures continue to cool
Egypt’s headline Purchasing Managers’ Index jumped from 47.4 in April to 49.4,...