Egypt’s current account deficit surged to $5.9 billion in the July-September 2024 quarter, more than double the $2.8 billion recorded…
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Egypt’s Financial Regulatory Authority (FRA) has begun preparing the country’s first regulatory framework for crowdfunding in real estate investment funds,…
ExxonMobil Egypt has discovered natural gas off Egypt’s Mediterranean coast, a significant find that could play a key role in…
The General Authority for Investment and Freezones (GAFI) is reportedly preparing a new companies law to replace the existing Companies…
The health of Egypt’s banking sector continued to improve throughout the first nine months of 2024, with the sector’s capital…
Egypt aims to cut customs clearance time to two days, a move expected to save $284 million, enhance commercial competitiveness,…
Egypt’s Minister of Finance Ahmed Kouchouk and Minister of Investments and Foreign Trade Hassan El-Khatib unveiled a new mechanism to…
President Abdel Fattah El-Sisi approved a bill to increase Egypt’s share in the International Monetary Fund (IMF) by 50% on…
Private sector investments in Egypt totaled EGP 133.1 billion in the first quarter of FY 2024/25, accounting for 63.5% of…
Egypt’s annual headline inflation continued its downward trajectory for the third consecutive month in December, reaching 23.4%, down from 25%…