During the weekly press conference on Wednesday, January 1, Prime Minister Mostafa Madbouly announced that Egypt has received the first installment of the European Union’s […]
Egypt’s economy has shown remarkable resilience amid global uncertainties, achieving a solid 3.5% growth in the first quarter of the 2024/25 fiscal year, a notable […]
Egypt has inked two significant agreements to establish an MG car manufacturing facility with a total investment of $135 million. These agreements concluded on December […]
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) met on Thursday, December 26, and decided to maintain the overnight deposit rate […]
The Egyptian Government has finalized an agreement with UAE-based company Alcazar to establish a hybrid power plant in the Zafarana region. This project will combine […]
Egypt marked a significant milestone in its pharmaceutical sector with the production of the first locally-made insulin. During a ceremony on Tuesday, December 17, Chairman […]
Egypt has secured a $40 million loan from the OPEC Fund for International Development to advance the construction of two large-scale wind farms in the […]
China has solidified its position as Egypt’s leading trading partner for imports during the first eight months of 2024, according to data from the Central […]
Remittances from Egyptians working abroad have experienced remarkable growth following a series of financial reforms implemented in March 2024, the Central Bank of Egypt (CBE) […]
The International Finance Corporation (IFC) announced substantial progress in its discussions with the Egyptian Government regarding the country’s airport privatization program. During a meeting on […]
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