Skip to main content Skip to footer
Annual nationwide headline inflation increased to 26.3 percent in October 2024, up from 26 percent in September 2024
After having created the leading K-12 operator in Egypt, EFG Hermes aims to replicate its success story in the Saudi market
As of July 2024, solar, wind, and hydropower make up 11.5 percent of Egypt's electricity generation
Block lies about 10 kilometers offshore the Egyptian Mediterranean shore at water depths ranging between 100 meters and 3,000 meters
The agency highlighted improvements in external finances driven by notable foreign investments and strengthened policy initiatives
Georgieva noted that Egypt's inflation reached 37 percent in 2023 but has decreased to between 25 percent and 26 percent
This initiative aims to target key industries such as electronics, automotive, apparel, and footwear
As many as 94 percent of wealthy GCC investors have expressed a desire to invest in Egypt
The two entities will identify prime retail locations, implement smart innovations, enhance logistics, and improve customer experiences
The summit, which runs until October 24, is themed 'Strengthening Multilateralism for Equitable Global Development and Security,’
The committee noted that this decision reflects recent global and local developments
The collaboration areas include yacht and marine passenger transport, plus passenger ferries
Egyptian investments in Saudi Arabia amounted to around $4 billion, involving more than 3,000 companies
The development is set to attract $110 billion in investments during its development phase
The project’s investments are likely to reach $110 billion by 2045, and it’s set to contribute $25 billion annually to the country’s GDP
Egypt's external debt stood at $168 billion in December 2023 and fell to $152.8 billion by last June
Net FDI inflows into the non-oil sector rose to $46.4 billion following the $35 billion Ras-El Hekma deal
Strategic move aims to usher in a new era of growth, digital innovation and customer-centric solutions
The payment service provider will use Mastercard Gateway for quick, seamless, and secure transactions in the region
Efforts are underway to organize the joint trade committee between the two countries as soon as possible
El Khatib underscored the need to continue infrastructure development to achieve 6 to 7 percent economic growth
Deal-making in the region remained active, with 214 transactions recorded in H1 2024
Saudi Arabia to provide additional facilities for companies operating in the new and renewable energy sector in Egypt
The trade between Saudi Arabia and Egypt surpassed $33 billion during 2022 and 2023
