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 ...

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 ...

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 ...

Suez Canal revenues saw a sharp decline of 61% in 2024, falling to $3.9 billion compared to $10.2 billion in 2023, according to Osama Rabie, Chairman of the Suez Canal Authority (SCA). The ...

Egypt is planning to issue $ 2 billion in sovereign sukuk during 2025 through a series of offerings, according to Finance Minister Ahmed Kouchouk in a statement to Reuters. The government has already ...

Finance Minister, Ahmed Kouchouk, announced that the new state budget for FY2025/2026 projects a 23% increase in total public revenues, reaching EGP 3.1 trillion, while public expenditures are ...