Egypt
Finance minister highlights economic strengths amidst external pressures
Core inflation reached in September an all-time high of 37.4 percent
Government seeks stability ahead of December Presidential election
Egypt is poised to witness a tourist influx of 15 million by the end of 2023
SCA recorded 17.6 percent year-on-year growth
94 percent keen on acquiring a property
The 8,760 km cable will land in Port Said
providing agile access to Egypt’s extensive subsea cable infrastructure
Eni, BP, Qatar Energy, and Zarubezhneft expected to invest about $281 million
Country received in December $347 mn installment from $3 bn loan program
In pursuit to seek cost-effective alternative to Russian grain
Core inflation showed a slight decrease
Urban consumer inflation in Egypt to reach 37.1 percent
Egypt plans to invest $1.5 billion into drilling 35 LNG wells by 2025
BRICS membership to enhance Egypt’s financial position
Foreigners who want to be an Egypt citizen must pay in dollars
BP is investing $3.5 bn for gas exploration in the country
Both vessels had previously made their latest port calls at Port Said
Need to supply domestic and European markets amid economic crisis
