Economy

For strengthening Egypt’s position in the global financial system, President Abdel Fattah El-Sisi has approved a 50% increase in the country’s share in the International Monetary Fund (IMF). The Presidential …

The Egyptian Space Agency (EgSA) is preparing to host the highly anticipated NewSpace Africa Conference 2025 in Cairo from April 21-24, an event set to empower Africa’s economy through space …

Egypt’s trade balance deficit saw a significant reduction in October 2024, dropping to $3.66 billion from $4.36 billion in the same month of the previous year, marking a 16% decline. …

President of the European Parliament, Roberta Metsola,  is in Egypt for a two-day visit aimed at deepening the relationship between Egypt and the European Union (EU), with a focus on …

Egypt’s Ministry of Planning, Economic Development, and International Cooperation has announced that development financing for the local and foreign private sector in the country reached a substantial $4.2 billion by …

  Cyprus President Nikos Christodoulides will travel to Cairo today for the highly anticipated 10th Cyprus-Greece-Egypt Trilateral Summit and the 2nd Cyprus-Egypt Intergovernmental Meeting. The summit will address a range …

  PayMint, a leading financial technology company, has announced the approval from the Central Bank of Egypt to launch its first prepaid “Meeza” card in collaboration with Abu Dhabi Islamic …

In a bid to foster sustainable urban development and promote environmental responsibility, Egypt is advancing its Green Cities Program with the European Bank for Reconstruction and Development (EBRD). The goal …

Egyptian Prime Minister Mostafa Madbouly has announced a new initiative valued at EGP 30 billion aimed at supporting the country’s industrial sector over the next five years. This initiative, detailed …

  Egypt has officially received the first installment of a EUR 1 billion ($1.03 billion) financial aid package from the European Union (EU), as confirmed by Prime Minister Mostafa Madbouly. …