News

Egypt's central bank lowered overnight interest rates by 225 basis points on Thursday, its first cut in more than five years, ...
Egypt is poised to cut interest rates for the first time in almost five years, although the reduction may be limited as US ...
Egypt cut interest rates for the first time in almost five years, potentially spurring investment key to an economic rebound ...
Egypt’s economic growth is expected to continue its upward trend in the second quarter of the current fiscal year, according to initial indicators, the Minister of Planning and Economic Development ...
Egypt's real gross domestic product (GDP) growth will accelerate to 4% in fiscal year (FY ... of GDP one-off Ras El-Hekma revenue and high debt interest costs. The main economic impact from ongoing ...
Egypt's government on Tuesday presented parliament with its 2025/2026 national budget, which projects record spending and ...
She noted that structural reforms to diversify growth and enhance Egypt’s economic competitiveness have driven performance in key sectors. Meanwhile, the extraction sector continued to face ...
Structural reforms aimed at diversifying growth and enhancing Egypt's economic competitiveness have driven strong performance in key sectors such as manufacturing, tourism, and telecommunications.
This approach aligns with the government’s broader goal of achieving comprehensive and sustainable economic growth. The Minister also discussed the ongoing restructuring of Egypt’s tax system, ...
According to a recent USDA analysis of Egypt’s aquaculture market, surging inflation is the main reason for a 45 percent increase in fish and seafood prices between 2022 and 2024 that has suppressed ...
To ease overcrowding caused by decades of high birth rates, President Abdel Fattah el-Sissi is building a series of ambitious new cities. But even his new capital remains largely deserted.