Egypt launches new expat banking initiative to spur inflows
Egypt’s central bank and ministry of foreign affairs on Sunday launched a new initiative aimed at simplifying bank…
Browsing Tag
Egypt Economy
Egypt’s PM inaugurates $85m DP World logistics warehouse in Sokhna
Egypt’s Prime Minister Moustafa Madbouly on Sunday inaugurated an $85 million logistics warehouse operated by DP…
Egypt’s MSMEDA invests EGP 18b in women-led projects since 2014
Egypt’s Medium, Small and Micro Enterprise Development Agency (MSMEDA) has channelled 18 billion Egyptian pounds…
Elsewedy, Chinese textile firms sign $65m deals for new factories in Egypt’s SCZONE
Egypt's Elsewedy Industrial Development has signed contracts worth over $65 million with four major Chinese textile…
Canada’s Aton Resources to launch Egypt’s first commercial gold production in 2026
Canada’s Aton Resources Inc. plans to start Egypt’s first commercial gold production in the second half of 2026…
Egypt records strong growth in tourism, non-oil manufacturing in FY 2024/2025
Egypt recorded robust growth across key economic sectors in the fourth quarter and fiscal year 2024/2025, led by…
Sisi meets Afreximbank leaderships as Egypt seeks to leverage partnership
Egypt’s President Abdel Fattah El-Sisi on Sunday met with the outgoing and incoming presidents of the African…
EBRD lifts Egypt’s 2025 growth forecast to 4.8%
Egypt’s economy is projected to grow by 4.8 per cent in 2025 before moderating to 4.5 per cent in 2026, according…
Egypt opens EGP475.8m water station in West Qantara Zone
Egypt's Prime Minister Moustafa Madbouly inaugurated a water station and raw water intake facility in the West…
Egypt puts debt reduction at core of 5-year economic plan – PM
Egypt’s economic plan centres on cutting debt to its lowest levels in recent history over the next five years,…