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China proposes to build a major textile manufacturing city in Egypt worth $300 mln

The delegation included presidents and representatives of 20 largest Chinese companies and alliances operating in various fields of the industry.

Egypt’s major commitments under the IMF’s $8 bln expanded loan deal

The fourth through eighth and final reviews are scheduled to be completed every six months, allowing the country to receive around $1.3 bn each time.

Egypt's Engineering exports record unprecedented high levels

The figures showed that the after Egyptian engineering exports recorded levels that are the highest in the history of Egyptian engineering exports.

Egypt to cut interest rates by 2 percent in May; inflation to decrease to 20 percent by end of 2024

The CBE's Monetary Policy Committee is scheduled to meet on May 23 to review the key interest rates.

Egypt wants to increase oil production by 9 percent

The aim is to reach 637 thousand barrels per day, compared to the current 580 thousand barrels.

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Egypt Projects 22.05.2024

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