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PMI remained below the long-term average, signaling ongoing challenges

The financial support and land sale deal contributed to the NFA improvement

Economic reforms and currency flexibility to unlock funding

In 2023, the population growth rate in Egypt declined by 1.4 percent, the lowest in the last 50 years

Measures target social protection, economic growth and debt reduction amid foreign currency shortage

China tops the list of Egypt's most prominent trading partners

Egypt boosts allocations for human development to support citizens

The government's price reduction plan is set to ease burden on citizens

Under the MoU, TEJAS will manufacture its communication products in Egypt using fiber optic technology

The bank reported a net profit of $141.34 million in 2023

Diverse projects and foreign investment to drive Egypt's economic growth

Leveraging Egypt's strategic location to revolutionize international data connectivity

The project could create more than 20,000 job opportunities

The country is taking steps to align fuel prices with international markets

Egypt aims to reduce the debt-to-GDP ratio to less than 80 percent in three years

Exchange rate liberalization and fiscal consolidation drive confidence

Net revenues and financial position experience substantial growth, reflecting market resilience

Private sector growth, human capital development and climate resilience are key focus areas

Under the aid package, Egypt will receive a combination of grants and loans over the next three years

Promoting entrepreneurship with focus on women-led businesses

Private investments are estimated to reach approximately 63 percent of the total

The project aims to mitigate emissions, preserve biodiversity

Imports were recorded at $6.51 billion while exports stood at $3.48 billion

Sharp rise in food and beverage prices is key driver of inflation uptick