Egypt’s Ministry of International Cooperation managed to conclude agreements worth USD 7.31 bn (EGP 114.6 bn) in development funds from multilateral and bilateral partners in 2020, USD 2.76 bn (EGP 43.3 bn) of whi ...
The Central Bank of Egypt (CBE) has announced that the country's net international reserves edged up to USD 39.2 bn by the end of November, marking a slight increase of USD 1.8 mn compared with October figures.
US-based news agency Bloomberg has reported that Egypt’s recovery from the ordeal of the ongoing Coronavirus hit turned it into one of the world's 10 fastest growing economies in 2020, thanks to the economic refor ...
The nation's biggest Economic Summit is back for a second run on December 2 at St. Regis Cairo, under the auspices of Prime Minister Mostafa Madbouly, starring more than 20 keynote speakers and influential leaders ...
Egypt continues to be Africa’s largest recipient of foreign direct investment (FDI) flows in 2019, marking a 10.7% hike, despite the slump in FDI inflows to the entire continent to USD 45 bn (EGP 727.2 bn).
Egypt to turn once again to the International Monetary Fund (IMF), which on June 26 agreed to the former's request for a one-year, USD 5.2 bn (EGP 84 bn) financing package, as the country's economy reels from the ...
The US-China trade agreement has contributed to the extension of USD 490 mn (EGP 7.85 bn) worth of foreign investments to Egypt in a single day.
The European Bank for Reconstruction and Development (EBRD) is committed to increasing its investments in Egypt, pumping about EUR 5.3 bn (EGP 95 bn) through the development of 99 domestic projects.
The Central Bank of Egypt (CBE) has made the third consecutive cut to key rates by 1%, a step coming shortly after the annual headline inflation rate hit its lowest level in 14 years and logged 3.1% in October, co ...
Egypt's ranking advanced six spots in the World Bank (WB) Group’s Doing Business 2020 report, thanks to the notable reforms being implemented for economic growth.
