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The Russia-Ukraine conflict is having economic repercussions on Egypt including rising financial needs, an elevated rate of inflation, and limited fiscal space, the assistant director of monetary and…
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The International Monetary Fund (IMF) has revised its projections for Egypt's real GDP growth in 2022 by 0.3 percent to reach 5.9 percent, up from 5.6 percent expected in January, before slowing down…
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“Expectations for Egyptian tourism in 2022 are not higher than last year,” Deputy Tourism Minister Ghada Shalaby told Bloomberg, while declining to provide estimates on arrivals or total tourism…
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A non-banking Sri Lankan financial institution, conglomerate LOLC Group has acquired 100% of First Microfinance in a transaction worth EGP 80.2 mn, First Microfinance CEO and Managing Director Ahmed…
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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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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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