Diaa El-Shaarawy, Chief Operation Officer of the Al Safy Group, revealed the details of founding the first factory of Xiaomi…
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With the economy increasingly strapped for foreign currency, the government has been seeking ways to increase the private sector’s contribution…
The International Monetary Fund (IMF) is set to conclude its second review of Egypt’s Extended Fund Facility (EFF) loan program…
Hitting a new record, Egypt’s annual headline inflation accelerated in August to 39.7% compared to 38.2% recorded in July, according…
The entrepreneurship landscape in Egypt has been significantly impacted by ongoing economic challenges, exacerbated by European geopolitical tensions, which have…
As Egypt prepares to unveil its monumental Grand Egyptian Museum (GEM) later this year, the country’s tourism sector stands on…
The Egyptian government has announced its plan to generate $5 billion by selling stakes in state-run companies and various projects…
Egypt is grappling with a severe shortage of US dollars, prompting the government to devise a plan to attract $191…
Since COVID-19 started, Egypt, like many middle-income developing countries, has suffered from soaring inflation and public debt, local currency depreciation,…
It’s official: Inflation in Egypt is the highest since records began in the 1950s. In June, it reached an annual…