Established in 1961 by Democratic President John F. Kennedy, the U.S. Agency for International Development (USAID) mandate was to support…
Browsing: Investment and Finance
The International Monetary Fund (IMF) has lowered its global real gross domestic product (GDP) growth forecast to 2.8% for 2025…
As global trade undergoes a dramatic transformation, Egypt finds itself at a pivotal moment—facing both fresh challenges and unexpected opportunities.…
On April 7, the exchange rate of the US dollar (USD) to the Egyptian pound (EGP) saw a significant jump,…
The European Parliament approved on April 1 a €4 billion (EGP 228.4 billion) second tranche of a larger €7.4 billion…
Egypt’s cabinet has approved a $91 billion (EGP4.6 trillion) budget for the 2025/26 financial year, set to begin in July,…
The International Finance Corporation (IFC), a member of the World Bank Group, has joined forces with Egypt’s Ministry of Civil…
Egypt’s economy saw a strong recovery in the second quarter of FY 2024/2025, with Gross Domestic Product (GDP) growth reaching…
The International Monetary Fund (IMF) has approved the disbursement of $1.2 billion to Egypt after completing the fourth review of…
Egypt’s treasury bond yields surged to EGP 17.33 billion in March, following the issuance of two key bonds by the…