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Minister of Transportation Kamel Al-Wazir met with his Qatari counterpart Jassim bin Saif Al-Sulaiti in Doha to discuss ways of enhancing cooperation between the two countries in various areas of…
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Minister of Electricity and Renewable Energy Mohamed Shaker met with officials of a World Bank (WB) delegation to start a new phase of cooperation and strengthen partnership in projects implemented by…
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The World Bank (WB) decided to maintain Egypt’s real GDP growth at 5.5 percent for the financial year 2021/2022, according to its chief economist Roberta Gatti on Thursday. 
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The International Monetary Fund (IMF) will meet with nations including Egypt, Sri Lanka, and Tunisia to discuss the steps that need to be taken to assist them as the cost of debt servicing hikes due…
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Egyptian VC firm Algebra Ventures has secured a US$15 million commitment from the International Finance Cooperation (IFC), a member of the World Bank Group, towards its US$90 million second fund.
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Africa’s economic growth is projected to drop to 3.4 percent this year, down 0.6 percentage points from the four percent growth recorded in 2021, due to new macroeconomic shocks.
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Egypt’s exports to Malaysia increased 35 percent during 2021, amounting to about $126.7 million, compared to about $94 million in 2020, according to the Minister of trade and Industry Nevine Gamea.
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Egypt disbursed 33 billion Egyptian pounds to more than 2,500 exporting companies overdue arrears as part of export support programme, according to the Finance Minister Mohamed Maait.
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Egypt has denied issuing any decisions that would prevent the export of Saudi products to the Egyptian market, according to The official spokesperson for the Ministry of Trade and Industry Yasser…
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The Central Bank of Egypt (CBE) has announced an increase of about EGP 99bn in the bank deposits in January 2022, reaching EGP 6.549trn, compared to EGP 6.450trn in December 2021.
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