Moody’s Ratings Reaffirms Egypt’s Caa1 Status, Maintaining Positive Outlook Amidst Fiscal Progress Moody’s Ratings has affirmed Egypt’s long-term foreign and local currency issuer ratings at Caa1, while sustaining a positive …
Economy
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EconomyHighlights
Elevating Egyptian-Spanish Relations Opens Broader Horizons for Investment: Al Mashat at Egyptian-Spanish Business Forum
During the visit of President Abdel Fattah El-Sisi to Spain, Minister of Planning , Dr. Rania Al-Mashat, participated in the Egyptian-Spanish Business Forum held during the visit. The forum received …
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Under the leadership of the Central Bank of Egypt (CBE), Egypt’s banking sector has made remarkable progress toward achieving the United Nations’ Sustainable Development Goals (SDGs). In a statement …
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Beltone Holding has completed the acquisition of SODIC Securitization Company, in a transaction valued at EGP 8.587 million. The deal, finalized on February 18, 2025, marks a pivotal step for …
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Chairman of the Suez Canal Economic Zone (SCZone), Walid Gamal El-Din, participated in the groundbreaking ceremony for the FBB Tech Electronics project. This venture, a collaboration between the Chinese FBB …
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Egypt’s Minister of Planning, Dr. Rania Al-Mashat, met with Mr. Faisal bin Fadhil Al-Ibrahim, Saudi Arabia’s Minister of Economy and Planning, during her participation in the AlUla Conference for Emerging …
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EconomyHighlights
FRA Chair Delivers Keynote Speech at 14th Annual Conference of the CFA Society Egypt
Chairman of the Financial Regulatory Authority (FRA), Dr. Mohamed Farid, delivered the keynote address at the 14th Annual Conference of the CFA Society Egypt, marking his participation for the …
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EconomyHighlights
Egypt will be able to access the fourth tranche of $1.2 billion: IMF at Al-Ula Conference
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), reaffirmed the IMF’s ongoing commitment to supporting Egypt’s economic reforms despite external pressures. Speaking at the AlUla Conference for …
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Egypt’s President Abdel Fattah El Sisi has approved key legislations designed to implement part of the first package of tax relief measures aimed at supporting businesses, especially small and …
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As global economic challenges intensify, developing nations are grappling with a stark rise in debt service costs, which are expected to surge by 50% between 2022 and 2025, according to …
