Egypt is actively pushing to position itself as a key transit hub in a broader railway network connecting Asia and Europe, according to Deputy Prime Minister for Industrial Development and Minister of ...

Goldman Sachs projected that Egypt's financing requirements over the next four years will amount to $25 billion. This estimate is based on a basic scenario that assumes the conclusion of a new ...

During the European Bank for Reconstruction and Development (EBRD) Annual Meetings held in the United Kingdom, Rania Al-Mashat, Minister of Planning, Economic Development, and International ...

Kouchouk emphasized that Egypt’s immediate goal is to reduce the country’s debt-to-GDP ratio to 85% by the end of the current fiscal year.

The Ministry of Investment and Foreign Trade has issued six new golden licenses to 6 of strategic investment projects across Egypt. Among the recipients is the Coficab Egypt project, specializing in ...

American investments in Egypt currently amount to about $8 billion, according to a statement by Head of Egyptian Commercial Service (ECS), Yahya El-Wathiq Billah, on the sidelines of his visit to ...

The Monetary Policy Committee of the Central Bank of Egypt decided to reduce the overnight deposit and lending rates, as well as the Central Bank’s main operation rate, by 100 basis points to 24.00%, ...

Prime Minister, Mostafa Madbouly, witnessed the signing ceremony of a new agreement between the global automaker Jetour and El-Kasrawy Group at the Cabinet headquarters in Egypt’s New Administrative ...

Arab Company for Tourism and Hotels Investments (ICON), a Talaat Mostafa Holding Group subsidiary, finalized the acquisition 7 state-owned hotels in Cairo, Alexandria and Aswan with Egypt’s Initial ...

Egypt aims to increase its agricultural exports by 20% in 2025, supported by the expansion of cultivated land by approximately 2.2 million feddans in the New Delta, according to Alaa Farouk, the ...

The African Export-Import Bank (Afreximbank) has unveiled plans to allocate $2 billion in financing to Egypt next year, reinforcing the North African nation’s ambitions to position itself as a ...

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) have decided to keep key policy rates, noting that most leading indicators remained in positive territory in Q2 2022 and positive ...