News

Egypt’s net international reserves (NIRs) rose to $48.14 billion at the end of April, up from $47.757 billion at the end of March 2025, according to the latest data released by the Central Bank of ...
Digitalization is transforming sectors ranging from logistics to health care to education across different markets, and the ...
Maritime traffic through the Red Sea has seen a rebound, climbing approximately 60% since August 2024 to an average of 36 to 37 ships per day, according to Rear Admiral Vasileios Gryparis, commander ...
The World Investment Report 2024, issued by the United Nations Conference on Trade and Development (UNCTAD), revealed that Egypt successfully attracted $47 billion in foreign direct investment (FDI) ...
In Egypt, the price of 21-karat gold, the most commonly traded in the local market, has jumped from EGP 3,720 to EGP 4,280 per gram, marking an increase of EGP 560, or 15.02% since January.
Egypt is dedicating 37% of its public investments for FY2024/2025 to sustainable infrastructure projects, marking a key step in its urban development strategy and meeting their 2030 Sustainable ...
Egypt transitions to three-year economic plan starting from FY2026/2027. Minister Al-Mashat explained that FY2023/2024 plan had initially projected an economic growth rate of 4.1%, but by the end of ...
PM follows up on government IPO program in petroleum & public business sectors. He stressed the government’s commitment to regularly and consistently monitoring the IPO program and the actions taken ...
Egypt’s medical exports surge by 33.1% in 2025. In a statement, the Egyptian Export Council for Medical Industries explained that by the end of May 2025, pharmaceutical exports reached $156 million, ...
In a recent address in the graduation ceremony of the 2024 class of the Police Academy in Cairo, Egyptian President Abdel Fattah El-Sisi revealed that the Suez Canal has experienced a loss of over $6 ...
Egypt’s House of Representatives has endorsed the national budget and economic development framework for FY2025/2026, setting a target for real GDP growth of 4.5%. This represents a significant ...
Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, reviewed the results of the national program for structural reforms, which was implemented by the government, ...