Economy

Egypt expects $1.2 billion IMF loan payment next week

Egypt expects $1.2 billion IMF loan payment next week

The Executive Board of the International Monetary Fund (IMF) included Egypt on the agenda of its meeting scheduled for March…
Federation of Egyptian Banks denies any link to ‘GRA’ platform

Federation of Egyptian Banks denies any link to ‘GRA’ platform

The Federation of Egyptian Banks issued an official statement completely denying any connection or relationship with the “GRA” platform, stressing…
Egypt unveils LE200 billion relief package amid inflation

Egypt unveils LE200 billion relief package amid inflation

Egypt has launched a new social package on Thursday to support groups impacted by rising prices, worth LE200 billion (US$4…
Naguib Sawiris discusses politics, investments and his meeting with North Korea’s leader

Naguib Sawiris discusses politics, investments and his meeting with North Korea’s leader

Egyptian businessman Naguib Sawiris revealed the details of his meeting with North Korean President Kim Jong Un, which he called…
Dabaa to be largest nuclear project on the planet despite sanctions: Russian company Rosatom CEO

Dabaa to be largest nuclear project on the planet despite sanctions: Russian company Rosatom CEO

Alexey Likhachev, CEO of the Russian company Rosatom, said that sanctions pose an obstacle to the construction of the first…
EGYPES 2025 concludes, cementing its role as a catalyst for regional energy transformation

EGYPES 2025 concludes, cementing its role as a catalyst for regional energy transformation

The 8th edition of the Egypt Energy Show (EGYPES 2025) has successfully concluded, solidifying its status as the definitive energy…
Egypt Energy Show 2025 unites global leaders to drive a secure and sustainable energy future

Egypt Energy Show 2025 unites global leaders to drive a secure and sustainable energy future

The Egypt Energy Show (EGYPES) 2025, North Africa and the Mediterranean’s leading energy platform, opened on the 17th of February…
MIGA senior official praises investment-friendly environment in Egypt

MIGA senior official praises investment-friendly environment in Egypt

Layali Abdeen, a Senior Investment Guarantee Officer at the Multilateral Investment Guarantee Agency (MIGA) of the World Bank, praised the…
President Sisi inaugurates Egypt Energy Show with high-level officials’ participation

President Sisi inaugurates Egypt Energy Show with high-level officials’ participation

Under the esteemed patronage of His Excellency Abdel Fattah El Sisi, President of the Arab Republic of Egypt, the Egypt…
Expert reveals reasons for rise in US dollar price for futures contracts

Expert reveals reasons for rise in US dollar price for futures contracts

A member of the Advisory Committee for Macroeconomics at the Egyptian Cabinet, Mohamed Fouad, explained on Sunday evening the reasons…
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