Economy

Egypt and Romania target $2 billion trade volume

Egypt and Romania target $2 billion trade volume

The Egyptian Businessmen’s Association (EBA) hosted the Romanian Ambassador Olivia Toderean to enhance economic ties, celebrating 120 years of diplomatic relations…
Egypt sees ‘optimistic’ outlook over IMF’s 5th and 6th reviews

Egypt sees ‘optimistic’ outlook over IMF’s 5th and 6th reviews

Minister of Investment and Foreign Trade Hassan al-Khatib and Minister of Planning, Economic Development, and International Cooperation Rania al-Mashat on…
Egyptian commercial fleet set to double in size to 40 ships, transporting 30 million tons by 2030

Egyptian commercial fleet set to double in size to 40 ships, transporting 30 million tons by 2030

The Ministry of Transport, represented by the National Navigation Company (NNC), celebrated a significant milestone in the modernization journey of…
Egypt’s revenue expected to reach $17.8 billion in 2026, mainly driven by European tourists: Report

Egypt’s revenue expected to reach $17.8 billion in 2026, mainly driven by European tourists: Report

A report by the US rating agency Fitch has disclosed its projections regarding the performance of Egypt’s tourism sector for…
Egypt reports strong GDP growth in Q1 2025-26, led by non-oil industry, tourism, and ICT, minister says

Egypt reports strong GDP growth in Q1 2025-26, led by non-oil industry, tourism, and ICT, minister says

CAIRO, Nov 27 (MENA) – Egypt’s non-oil industrial sector led economic growth in the first quarter of the 2025-26 fiscal…
Egypt’s economy achieves 5.3% growth for 1st time in three years

Egypt’s economy achieves 5.3% growth for 1st time in three years

Egypt’s economy grew by 5.3 percent during the first quarter of the 2025-2026 fiscal year, the first time in three…
CBE holds interest rates steady, citing inflation risks and ‘wait-and-see’ approach

CBE holds interest rates steady, citing inflation risks and ‘wait-and-see’ approach

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) met on Thursday, and decided to maintain key…
Dubai Rental Trends: What Egyptian Expats Should Know Before Signing a Lease

Dubai Rental Trends: What Egyptian Expats Should Know Before Signing a Lease

Dubai’s rental market remains one of the most dynamic in the region, and for Egyptian expats looking to relocate, understanding…
US dollar approaches LE 47 Egyptian for selling in bank transactions

US dollar approaches LE 47 Egyptian for selling in bank transactions

The dollar’s price against the Egyptian pound fell significantly at the start of trading on Monday, dropping by about nine…
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