The government is getting ready to finalize a contract to develop Galala Marina — expected to become Egypt’s premier yacht destination.
01.08.2024
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News by
Enterprise
Egypt’s overall debt decreased by approximately seven percent in FY2023/2024 to 89 percent of the GDP, down from 95.70 percent in FY2022/2023.
01.08.2024
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News by
Ahram Online
Managing Director of Ostwal Group of Industries Praveen Ostwal affirmed the Group's strong interest in operating and expanding in Egypt.
01.08.2024
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News by
Egypt Today
The focus of the discussions was on accelerating the implementation of a national project to modernise the spinning and weaving industry.
01.08.2024
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News by
Daily News Egypt
This occurred after prices decreased when the currency situation improved following the IMF loan, according to the WGC report.
01.08.2024
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News by
Ahram Online
This came during a meeting Wednesday with the ministers of agriculture, business, and petroleum to follow up on the situation of fertilizer production
01.08.2024
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In a report released last week, the IMF had predicted a 2.7 percent growth in FY2024/2025 and a slightly improved 4.1 percent in FY2025/2026.
01.08.2024
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News by
Egypt Today
The US dollar rate against the Egyptian Pound (EGP) hit its highest level on Wednesday since April.
01.08.2024
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News by
Ahram Online
The decline in Egypt’s non-oil trade deficit during H1 of 2024 was primarily due to a $1.2 billion decline in imports.
01.08.2024
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News by
economy middle east
Egyptian startups and influential figures secured 11 wins at this year’s North African portion of the Global Startup Awards (GSA).
31.07.2024
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News by
Egypt Today
Heavily indebted Egyptian state-owned Metal Construction Company, Metalco, is set to undergo liquidation after years of mounting financial losses.
31.07.2024
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News by
Ahram Online
The IMF and the Egyptian government will continue negotiating the country’s access to a Resilience and Sustainability Facility (RSF) in the autumn.
31.07.2024
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News by
Middle east monitor
Madbouly, in a recent press briefing, disclosed that the Suez Canal faces monthly losses ranging from $500 to $550 million due to regional tensions.
31.07.2024
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News by
Egypt Today
The roundtable was held a day after the IMF completed the third review of the Extended Fund Facility (EFF) loan program for Egypt.
31.07.2024
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News by
Ahram Online
On the defence front, the EAM spoke about the expanding collaboration between the two countries, including regular bilateral exercises.
31.07.2024
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News by
Daily News Egypt
Sherbiny reviewed progress achieved in evacuation operations of homes and lands in Warraq Island between June 24 – July 28.
31.07.2024
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News by
Egypt Independent
Egypt says it has shifted to a flexible exchange rate regime, a policy the IMF said on Monday remains "a cornerstone of the authorities' program."
31.07.2024
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News by
Reuters
Pharmaceutical companies continue to grapple with rising transportation costs, prompted by the recent increase in fuel prices.
31.07.2024
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News by
Egypt Today
The fuel consumption bill withdrawn from the Ministry of Petroleum for power stations amounts to EGP 16 billion per month.
31.07.2024
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News by
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The platform will provide comprehensive services, including an industrial map, details on investment opportunities, and administrative procedures.
30.07.2024
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News by
Egypt Today
