AfDB sees Egypt’s economy gradually recovering
Egypt’s economy is expected to maintain its recovery in the coming years, with the African Development Bank (AfDB)…
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Egypt Economy
Egypt’s economy to grow by 3.8% in FY 2024/25 – World Bank
Egypt’s economy is expected to grow by 3.8 per cent in fiscal year 2024/25, up from an estimated 2.4 per cent in…
EGP climbs vs US dollar at Tuesday’s close
The CBE reported an average buying rate of EGP 49.4714 per dollar and a selling rate of EGP 49.5694, compared to…
Egyptian pound gains ground at Wednesday’s close
The Egyptian pound (EGP) strengthened against the US dollar (USD) on Wednesday, June 4 2025, according to data from…
El-Khatib: Structural reforms coming for Egypt’s cotton industry
Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib on Wednesday held high-level talks with…
Egypt moves to boost startup ecosystem with national charter, funding push
Egypt is preparing to launch a national Startup Charter and a targeted support programme for high-growth companies,…
Egypt’s non-oil private sector contraction eases in May
Egypt’s non-oil private sector saw a softer contraction in May 2025, with the S&P Global Purchasing Managers’…
Egypt’s banks off on June 5-9 for Muslim feast
The Central Bank of Egypt (CBE) announced that all banks in the country will suspend work from Thursday, June 5,…
Egypt, JICA launch second phase of SME industrial support project
Egypt’s Medium, Small, and Micro Enterprise Development Agency (MSMEDA) has launched on Sunday the second phase of…
Egypt, Shell discuss scaling up oil, gas projects
Egyptian President Abdel Fattah El-Sisi met with Shell CEO Wael Sawan on Thursday to discuss expanding the…