Egypt’s PM: Crisis committee formed to monitor regional developments
Egypt is taking proactive measures to safeguard its economy, including the formation of a crisis committee,…
Browsing Tag
Suez Canal revenues
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 posts record primary surplus of EGP 435bn – FinMin
Egypt posted a record primary surplus of 435 billion Egyptian pounds, equivalent to 2.5 per cent of GDP, over the…
Egypt’s growth outlook cut to 4% – poll
Egypt's economic growth is expected to be lower than earlier anticipated this year, as per a Reuters poll released…
Egypt initiates economic reforms amid global challenges – FinMin
Egypt has initiated economic reforms to address challenges and reduce risks from global and regional crises for…
Egypt’s budget initial surplus hits EGP 193b in 8 months
Egypt’s budget has significantly improved in the past eight months, showing an initial surplus of 193 billion…
Egypt’s Suez Canal revenues rise 34.7%
The revenues of Suez Canal rose by 34.7 percent recording $9.4 billion compared to $7 billion in the last fiscal…
Egypt’s Suez Canal makes historic record of $1mln revenues in one hour
Egypt's Suez Canal recorded one million dollars in revenues in one hour, in a historic never seen before record,…
Suez Canal pushes $143.8 bln into Egypt’s public treasury
The Suez Canal pumped more than $143.864 billion into the state’s public treasury since its nationalisation in…
Egypt’s current account deficit at $5.3bln in July-March 2022/23 – CBE
Egypt's current account deficit shrunk to $5.3 billion in July-March of the fiscal year 2022/23 compared to $13.6…