Egypt’s banking sector has delivered a strong performance in the first nine months of 2024, with banks collectively reporting over EGP 426 billion in net profits. This robust performance underscores …
Economy
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The International Monetary Fund (IMF) on Tuesday reached an agreement with Egypt, allowing the country to access approximately $1.2 billion. This follows the successful completion of the fourth review under …
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EconomyHighlights
Egypt’s Economic Outlook Projected to Become One of the World’s Largest Economies by 2075
According to a recent Goldman Sachs report, Egypt will emerge as one of the world’s largest economies by 2075, driven by rapid population growth and the right economic policies. While …
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EconomyHighlightsNews
Egypt and World Bank Strengthen Partnership to Drive Economic Growth and Job Creation
Egypt’s Minister of Planning, Rania Al-Mashat, met with Stefan Goebert, the Regional Director of the World Bank for Egypt, Yemen, and Djibouti, to discuss the ongoing collaboration between Egypt …
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The Central Bank of Egypt (CBE) announced the launch of a new service on Monday, enabling instant money transfers from any location worldwide directly to Egypt. This service ensures the …
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EconomyHighlights
Egypt’s Strategic Economic Reforms Supported by IMF and EU, Bolstering Stability Amid Regional Challenges
Egypt’s economic reform efforts are receiving significant support from both the International Monetary Fund (IMF) and the European Union (EU) as the country navigates economic challenges exacerbated by regional instability …
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EconomyHighlights
Uzbekistan and Egypt to Strengthen Ties at Upcoming Intergovernmental Commission and Business Forum
On December 24, Tashkent will host the Intergovernmental Commission session between Uzbekistan and Egypt, along with the Uzbek-Egyptian Business Forum, Trend reports. Laziz Kudratov, Uzbekistan’s Minister of Investment, Industry, and …
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EconomyHealth
Egypt-Uzbekistan Expert-Level Meetings Kicks off in Tashkent to Strengthen Bilateral Ties
Expert-level meetings for the seventh session of the Egyptian-Uzbek Joint Committee for Economic, Scientific, and Technical Cooperation kicked off on Sunday in Tashkent, the capital of Uzbekistan. These meetings …
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EconomyHighlightsWomen on Top
Egypt’s Microfinance Sector Adapts to Economic Challenges, Serving Millions in 2024: Mona Zulficar
Civil society organizations and financing institutions are adjusting their strategies to navigate the challenges of Egypt’s current economic landscape, as stated by Mona Zulficar, Chairperson of the Egyptian Medium, …
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EconomyHighlights
Fourth Edition of the Egypt Economic Summit To A Vision for Leadership and Global Competitiveness
The Fourth Edition of the Egypt Economic Summit will take place on January 14, 2025, under the patronage of Prime Minister Dr. Mostafa Madbouly. With the theme “Egypt’s Economic Vision: …
