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...
EconomyTop StoriesEgypt aims to reduce debt-to-GDP ratio below 85% as country registers 2.4% growthGBO CorrespondentOctober 8, 2024 GBO CorrespondentOctober 8, 2024 Egypt’s GDP growth rate slowed to 2.4% in the fourth quarter of...
Banking and FinanceTop StoriesInvestors’ eyes on Egypt as nation prepares to sell government stakes in banksGBO CorrespondentSeptember 24, 2024 GBO CorrespondentSeptember 24, 2024 The deal value is expected to be much less than the USD...
EnergyTop StoriesNo more power cuts, says Egypt PM Mostafa MadboulyGBO CorrespondentSeptember 23, 2024 GBO CorrespondentSeptember 23, 2024 Egypt PM Mostafa Madbouly explained that the government had initially allocated $1.18...
Banking and FinanceTop StoriesEgypt seeks bank financing to boost food securityGBO CorrespondentSeptember 12, 2024 GBO CorrespondentSeptember 12, 2024 Egypt is a major global wheat importer and heavily relies on wheat...
EconomyTop StoriesEgypt’s economy shows signs of recovery despite challenges: IMFGBO CorrespondentAugust 29, 2024 GBO CorrespondentAugust 29, 2024 The release of the IMF's review on Egypt has identified several encouraging...
EconomyTop StoriesEgypt may begin monetary easing cycle in September, rate cut by 2024-endGBO CorrespondentJuly 29, 2024 GBO CorrespondentJuly 29, 2024 Egypt’s official gazette reported an up to 15% price hike for petrol,...