News

The International Monetary Fund (IMF) is reportedly set to begin the fifth review of Egypt’s economic reform program this week, according to a government official who spoke to Al Asharq on condition ...
Fitch Solutions has forecast a gradual improvement in Egypt’s economic indicators from the current fiscal year through 2027/2028, driven by the government’s ongoing fiscal reforms and economic ...
Egyptian President Abdel Fattah El-Sisi officially signed Egypt’s new Labor Law, describing it as a landmark step forward in the protection of workers’ rights in Egypt. Speaking at the Labor Day ...
With over €13.8 billion invested in Egypt’s economy since 2012—more than 86% of it directed to the private sector — the European Bank for Reconstruction and Development (EBRD) is a significant ...
Kuwait is negotiating to transform the $ 4 billion in deposits it holds at Central Bank of Egypt (CBE) into direct investments across several sectors, according to sources familiar with the matter who ...
Egypt ranked second among African nations in terms of GDP in 2025, according to a recent report from the International Monetary Fund (IMF) has revealed the top ten African countries by Gross Domestic ...
Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, announced that public investments allocated to Egypt’s Information and Communications Technology (ICT) ...
Minister of Communications and Information Technology, Amr Talaat, inaugurated Intelcia's new regional headquarters in Sheikh Zayed City, Giza Governorate. Intelcia plans to expand its presence in the ...
Trade relations between Egypt and France continued to strengthen in 2024, with the total volume of trade reaching $2.9 billion, up from $2.5 billion in 2023, according to data from the Central Agency ...
A recent report by Jefferies Investment Bank, a leading firm in shipping statistics, reported that based on Automatic Identification System (AIS) tracking, approximately 200 commercial shipping ...
The African Export-Import Bank (Afreximbank) has unveiled plans to allocate $2 billion in financing to Egypt next year, reinforcing the North African nation’s ambitions to position itself as a ...
The Central Bank of Egypt (CBE) announced a significant surge in remittances from Egyptians working abroad, which reached $20 billion during the first seven months of FY2024/2025, compared to ...