The financing supports two wind farms with a combined capacity of 500 MW in Ras Ghareb, adding to Egypt’s expanding…
Browsing: Investment and Finance
Egypt recorded a $2.8 billion balance-of-payments (BoP) surplus in FY2025/26, reversing a $2.1 billion deficit in the previous fiscal year,…
Egypt is looking to strengthen domestic steel manufacturing, attract investment and expand regional supply chains as global competition and carbon…
The IMF has upgraded Egypt’s growth outlook for FY2025/26 and FY2026/27, as rising remittances and stronger foreign reserves support the…
Randa Hamed of OKAZ Asset Management attributes the market’s sharp retreat to geopolitical uncertainty, profit-taking and competing IPO subscriptions, while…
Annual urban inflation slowed for a second consecutive month in September, reaching its lowest level since February 2026. However, rebounding…
Africa has long enjoyed sustainable GDP growth fueled by its young population, with 60% under 25, according to World Bank…
New Alamein hosted a series of cross-border agreements spanning automotive manufacturing, trade promotion, agriculture, pharmaceuticals, financial cooperation and education, as…
Egypt’s economic recovery is expected to continue through 2027, with the European Bank for Reconstruction and Development (EBRD) forecasting real…
Egypt’s Ministry of Finance is coordinating with the Ministry of Investment and Foreign Trade and the Ministry of Industry to…