Today, Ahmed El Sheikh, Chairman of the Egyptian Stock Exchange (EGX), officially opened the trading session in celebration of International Women’s Day. The event, attended by Heba El-Seirafy, Vice Chairman …
Egypt economy
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According to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS), the top 10 countries that received Egyptian exports in 2024 accounted for approximately 51.22% of …
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EconomyHighlights
With Richard Quest on CNN: Egypt’s Minister of Planning Forecasts 4% Economic Growth rate By June 2025
In an interview with Richard Quest on CNN International’s Middle East Marketplace program, Dr. Rania Al-Mashat, Egypt’s Minister of Planning and Economic Development, highlighted the significant strides Egypt has made …
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HighlightsNews
Egypt’s Planning Min. Meets EBRD’s New Regional Director to Strengthen Bilateral Partnerships
Egypt’s Minister of Planning, Dr. Rania Al-Mashat, welcomed Mark Davis, new Regional Director for the Southern and Eastern Mediterranean at the European Bank for Reconstruction and Development (EBRD), during a …
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EconomyHighlights
Egypt’s Economic Outlook: WB Optimistic with Projected Growth of 4.2% in FY2025/26
Egypt’s economy is expected to see a positive rebound in the upcoming fiscal years, with the World Bank forecasting a GDP growth rate of 3.5% for FY2024/25, improving to 4.2% …
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EconomyHighlightsNews
Egyptian Stock Exchange Ready for Real Estate Exchange Launch, Awaiting Legislative Changes
Ahmed El-Sheikh, Chairman of the Egyptian Stock Exchange, announced that there are no obstacles to the launch of the real estate exchange and the trading of shares within it as …
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The Central Bank of Egypt (CBE) has reported a significant decline in Egypt’s external debt, which decreased by approximately $11.8 billion during FY 2023/2024. By June 2024, the country’s …
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News
Egypt Strengthens Private Sector Growth Through AfDB Partnership, Approaching Full Investment Target for FY23/24
Egypt has made significant strides in achieving its economic goals, with Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, announcing that the country has executed 98.5% of its …
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Egypt will build its first multi-purpose pharmaceutical raw materials factory. The facility will be located in the Ain Sokhna Industrial Zone, with a total investment of $120 million. The factory, …
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EconomyHighlightsTravel & Tourism
Egytrans Reports Exceptional Growth, with 9.5-Fold Increase in Q1 Profits
Egytrans, a leader in Egypt’s transportation sector, has achieved remarkable growth in the first quarter of the 2024-2025 fiscal year. The company reported a stunning 9.5-fold increase in profits, …