Egypt

Emirati company Al Nowais will launch the solar energy project in the Aswan Governorate's Kom Ombo by October

The canal's total tonnage fell by a third, and the number of transits declined by about 22 percent YoY

The bank noted that "the current monetary stance is appropriate to support the sustained moderation of inflation."

Nokia will deploy 5G radio access network (RAN) equipment from its industry-leading AirScale portfolio in Egypt

Egypt accounted for 18.6 percent of Africa's total investments, which amounted to $52.6 billion in 2023

Agreements include a deal to search for and exploit gas and crude oil in the North Port Fouad offshore area in the Mediterranean

Egypt's new government aims to increase exports by more than 15 percent annually and attract 30 million tourists by 2028

Egypt's index for basic pharmaceutical product manufacturing declined 15.13 percent from 92.22 in March to 78.27 in April

June PMI reading confirmed that inflationary pressures on businesses had been greatly suppressed in Q2 of 2024

Egypt’s net foreign assets record surplus of $14.3 billion in May, first positive reading in 2 years
Egypt's net foreign assets have risen by $43 billion since January due mainly to international support
