Egypt ranks 7th in global remittances with $22.7b in 2024 — World Bank
Egypt was the world’s seventh-largest recipient of remittances in 2024, attracting $22.7 billion in inflows, behind…
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remittances
Egypt posts highest primary surplus since 2005 – FinMin
Egypt's Finance Minister Ahmed Kouchouk stated on Wednesday that the country's economy is on the upswing.
UAE-Egypt trade hits $6b in 2024 – CAPMAS
Trade between Egypt and the United Arab Emirates climbed 31.6 per cent to $6 billion in 2024, up from $4.5 billion…
IMF raises Egypt’s growth forecast to 3.8%
The International Monetary Fund (IMF) has raised Egypt’s growth forecast for fiscal year 2024/25 to 3.8 per cent,…
Egypt’s PM: IMF mission in Cairo for 5th review
An International Monetary Fund (IMF) mission is currently in Egypt for the fifth review of the country's economic…
Egypt’s PM, CBE governor review latest positive economic indicators
Prime Minister Moustafa Madbouly met with Central Bank of Egypt (CBE) Governor Hassan Abdalla on Monday to review…
Egyptian expat remittances soar 51.3% in 2024, Dec sees historic high
Egypt has recorded a remarkable 51.3 per cent surge in remittances from Egyptians working abroad in 2024, reaching…
Egypt-Zambia trade hit $96m in 2024 – CAPMAS
Trade between Egypt and Zambia declined to $96 million in 2024, down from $183 million in 2023, according to data…
BMI: Egypt’s current account deficit to narrow in FY2024/25
BMI, a Fitch Solutions company, expects Egypt’s current account deficit to narrow to 5.7 per cent of GDP ($17.9…
Egypt-Cyprus trade exchange hits $327m in 2024
The trade exchange between Egypt and Cyprus recorded $327 million in 2024, marking a notable increase from $115…