Egypt

Greece, Egypt set to sign “strategic partnership” to boost bilateral ties

El-Sisi reaffirmed Egypt's commitment to strengthening its strategic partnership with Greece during a meeting with the Greek President

Upcoming $950 million T-bill auction by CBE aims to cover previous dollar tender maturity

CBE allows local and foreign institutions to subscribe to T-bills, starting at a minimum of $100,000 

IMF raises Egypt’s growth forecast to 3.8 percent for 2025, 4.3 percent next year

Adjustment improves upon January forecasts of 3.6 percent and 4.1 percent for the economy

ORA Developers: Accelerating growth in the UAE with strategic initiatives

With a new headquarters and a powerhouse leadership team, Engineer Naguib Sawiris' global development firm is positioning itself to capitalize on the region's booming property market

Egypt Central Bank cuts interest rates for first time in 4 years

The overnight deposit, lending, and main operation rates were cut by 2.25 percent each

Egypt’s economic outlook sees GDP reaching $399.8 billion in upcoming fiscal year

Al Mashat projected real growth at 4.5 percent, subject to review if tensions escalated

Qatar to invest $7.5 billion in Egypt: President El-Sisi outlines promising opportunity for Qatari investors

Egypt's President called upon companies and businessmen in Qatar to expand their investments in Egypt

Saudi Arabia, Egypt explore key investment opportunities at Saudi-Egyptian Investment Forum

Trade exchange in 2024 exceeded $16.3 billion, marking a notable growth of 29 percent compared to 2023

Egypt annual urban consumer price inflation rises to 13.6 percent in March

Country aims for $60 billion in foreign direct investment, $145 billion in exports

Egypt secures nine development agreements worth $290.2 million with France, EU

These deals will support priority projects in water treatment, sanitation, electricity, and rail transport sectors

Arab, Asian, and European stock markets recover, U.S. futures rise amid tariff turmoil

The Saudi TASI index rose by 1.8 percent at the start of trading

Egypt aims for $60 billion in foreign direct investment, $145 billion in exports

The country aims for 65 percent private sector contribution by 2030

Egypt, France ink $7.68 billion agreement for green hydrogen facility

The agreement was signed during French President Emmanuel Macron's recent visit to Egypt

Egypt, France sign strategic partnership agreements in key sectors

Agreements focus on transportation, health, and education

Egypt’s construction sector thriving despite PMI mild contraction in March

The Purchasing Managers' Index fell to 49.2 from 50.1 in February 

EU approves $4.4 billion and $539.5 million loans for Egypt, Jordan

The Parliament approved macro-financial assistance to Egypt: 452 votes for, 182 against, 40 abstained

Modon to develop industrial zone for Egypt’s Ras El Hekma in collaboration with Elsewedy Industrial Development

The industrial zone aims to establish a sustainable industrial base that drives year-round economic activity and job creation

Eid al-Fitr holiday: Egypt Cabinet announces official dates for public, private sectors

This holiday is for government employees celebrating Eid across various public sector entities

UAE, Egypt presidents discuss strengthening ties through developmental and economic collaboration

President El-Sisi held Ramadan Iftar banquet in honor of the UAE president

Egyptian banks report record profits of $10.6 billion in 2024

The net return for banks rose to EGP915 billion in 2024, up from EGP582.5 billion

Al-Mashat: Economic growth in Egypt to see boost in Q2, supported by industry

The Minister noted Egypt's competitive advantages: a diverse economy, strong industrial base, and skilled workforce

EFG Holding to list consumer finance brand Valu on the Egyptian Exchange

EFG Holding will retain at least a 67 percent indirect stake in Valu through its subsidiaries