OECD warns of global growth slowdown
The OECD forecasts global economic growth to slow to 2.9 per cent in 2025 and 2026, down from 3.3 per cent last…
EGP records small uptick vs. dollar at Tuesday’s close
The Egyptian pound (EGP) noted a marginal rise against the US dollar (USD) on Tuesday, June 3 2025, according to…
Egypt’s Al Mashat discusses 2nd phase of MFA package with EU
Egypt and the European Union are moving forward with the second phase of a €4 billion macro-financial assistance…
Chinese firm to build $20m bag factory in Egypt’s SCZone
Egypt's General Authority for the Suez Canal Economic Zone (SCZone) signed an agreement with COMFILY Hong Kong Co.,…
Egypt’s FRA begins licensing process for online property investment platforms
Egypt’s Financial Regulatory Authority (FRA) said on Tuesday that three digital platforms—Nawy, SAFE (affiliated…
Egypt doubles FY2025/26 export rebate budget
Egypt will nearly double the budget for its export rebate programme to 45 billion Egyptian pounds in the 2025/2026…
Euro area inflation slows to 1.9% in May – Eurostat
Euro area inflation slowed to 1.9 per cent in May, down from 2.2 per cent in April, edging just below the European…
Egypt’s Future of Egypt strikes wheat deal with French suppliers
Egypt’s state grains buyer Future of Egypt agreed in April to purchase around 180,000 metric tons of French wheat…
Egypt’s gold prices up on June 3rd
Egypt’s gold prices increased on Tuesday, June 3, 2025, as of 1:55 pm CLT (10:55 GMT), compared to prices recorded…
Egypt’s Al Mashat discusses investment climate with Goldman Sachs
Egypt’s Minister of Planning, Economic Development and International Cooperation Rania Al Mashat met with Goldman…