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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Egypt
Egypt
Egypt revamps visa requirements in bid to boost tourism
A new program offers visitors five-year, multiple-entry visas
Economy
Why did the Egyptian Central Bank decide to fix interest rates? What’s next?
Trajectory of base rates of interest depends on expected inflation numbers
Egypt
Rising demand for ownership to shape Egypt’s real estate future
Residential, mixed-use sectors, recorded 522 projects worth $310 bn
Economy
Should we expect surprises at the Central bank of Egypt meeting on Thursday?
Questions about the fate of the agreement with the Fund
Economy
Egypt’s inflation rises to 40.3% due to import delays
Annual core inflation surged to 40.3% in May
Egypt
Telecom Egypt reports EGP3.81 bn in Q1 net profits
Up year-on-year from EGP1.36 bn in 2022
Egypt
Egypt’s grain silos receive $66 mn in EU, French funding
Storage capacity to increase by 420,000 tons
Banking & Finance
The Central Bank of Egypt keeps interest rates unchanged
Fixing interest rates came in line with analyst expectations
Egypt
Egypt takes significant step towards promoting renewable energy
Joining forces with a Norwegian company to export renewable energy to Europe
Egypt
Egypt faced with potential $1.4 bn loss in trade exchange
Country has nearly 229 projects in progress in Sudan
Egypt
Egypt sells 9.5% of Telecom Egypt for $121 mn
Government sells 162 million shares, offers stake to employees
Egypt
2Africa Subsea Cable Segment in Egypt Completed with Port Said Landing
Economy
First drop in Egypt’s inflation rate in 10 months
Softer food prices offset currency devaluations' impact
Economy
Egypt’s economic troubles result in a Fitch downgrade
Warnings of further downgrades
Economy
ADQ considering new investments in Egypt
The company's investments in Egypt amounted to about $4.3 billion in 9 years
Economy
Egypt’s external financial risks prompt S&P to downgrade
Pound is estimated to depreciate by 53% in the 12 months to the end of June
Economy
Egypt pressed to implement reforms before IMF first review
IMF-Egypt discussions were fruitful in preparation for review
Economy
Inflation woes mount for Egypt as currency further drops
Inflation rose to 33.9% in March
Economy
Egypt’s CBE raises key interest rates by 200 basis points
Money supply grew 31.5% year-on-year in February
Economy
Egypt cuts growth target, raises subsidies on goods and fuel
The new budget estimated the inflation rate at 16 percent
Egypt
Egypt’s Central Bank meets on Thursday. Will it surprise markets again?
The meeting comes on the heels of inflation reaching historic levels
Banking & Finance
Officially.. Egypt obtains membership in BRICS NDB bank
More than 90 projects totaling $32 billion were funded by the Bank
Economy
Egypt’s economy expected to expand by 4.2% in FY 2022-23
Country's GDP growth hit 3.9% in Q2
Egypt
Egypt’s Tarboul industrial city participates in largest real estate event
Tarboul is one of the most attractive investment destinations in region
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