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Siemens Mobility, Orascom Construction (OC) and Arab Contractors have signed a contract with the government for the second phase of the planned 2k-km high-speed rail line, Siemens and OC said in…
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The African Development Bank (AfDB) has launched the Africa Circular Economy Facility (ACEF) at a total value of €4 billion in collaboration with the Finnish government, said Kariuki Kevin Kanina, the…
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The European Union (EU) is working on a deal to import Israeli gas through Egypt as the bloc is looking to lower its dependence on Russian supplies.
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Moody's decision to affirm Egypt's credit rating despite the complex external shocks facing the global economy and emerging countries is "a very positive decision.", according to Minister of Finance…
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The African Development Bank (AfDB) named Egypt as the host of the 58th round of its annual meetings in 2023.
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Central Bank of Egypt Governor Tarek Amer will chair the World Bank Group (WBG) and the International Monetary Fund‘s (IMF) annual meetings, taking place in October, the WBG announced on Thursday.
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The African Development Bank (AfDB) has raised its projections for Egypt’s real GDP growth to 5.7 percent in 2022 – up from 4.7 percent it expected in 2021 – before slowing down to 5.1 percent in…
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Google drove EGP 11.2bn in economic activity in Egypt in 2021, according to Google Impact report
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Egypt’s economy grew at a 5.4% clip in 3Q2021-2022; its slowest pace yet this fiscal year, as fallout from the war in Ukraine begins to reflect on the economy, according to a cabinet statement.
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The African Development Bank (AfDB) supports Egypt’s efforts to prepare for the upcoming UN Climate Change Conference (COP27) scheduled to be held in November in Sharm El-Sheikh, the bank’s president…
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