The International Monetary Fund (IMF) has reaffirmed its forecast for Egypt’s real Gross Domestic Product (GDP) growth in the current…
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The International Monetary Fund (IMF) has maintained its forecast for Egypt’s real gross domestic product (GDP) growth in 2024 at…
Egypt’s real gross domestic product (GDP) growth is expected to decelerate to 2.8% in the current fiscal year 2023/2024, compared…
The European Union (EU) has approved €1 billion in urgent short-term macro-financial assistance to Egypt, aiming to stabilize the country’s…
Post for Investment (PFI), a subsidiary of the state-run Egypt Post Authority, has unveiled plans to establish a new $5…
Interest rates in Egypt are expected to remain unchanged until the end of the current fiscal year 2023/2024, which concludes…
Egypt has taken several actions to address the significant economic imbalances it has faced over the past two years, including…
The European Union (EU) and the World Bank Group (WBG) have allocated over $14 billion in finances to Egypt amid…
State-owned major banks, the National Bank of Egypt (NBE) and Banque Misr have introduced new high-yield certificates of deposit (CDs)…
Egypt’s budget achieved a primary surplus of 3.9 billion (EGP 193 billion) in the past eight months of FY2023/2024, compared…