Egypt’s natural gas production will return to normal levels by June 2025, the prime minister said, just as a recent output ...

Prime Minister Mostafa Madbouly appointed Central Bank of Egypt’s (CBE) governor Hassan Abdalla as the country's ...

Supporters of the surcharges argue that the additional fees discourage debtors from borrowing excessively from ...

Thanks in large part to the Biden-Harris administration, Egypt’s financial woes are now a thing of the past. In March, at ...

The unexpected increase in inflation comes as Egypt deals with the economic effects of the Red Sea attacks and a new cabinet ...

After decades of providing cash assistance, the kingdom will invest $5 billion in companies and projects that promise yield.

Egypt’s government said it earmarked five areas on the Red Sea coastline to offer to investors for tourism development, ...

“The North Coast, particularly Ras al-Hikma, has seen substantial investments, including a $35 billion development agreement ...

The IMF highlights that BRICS is outpacing the G7 in key metrics, including GDP by Purchasing Power Parity (PPP), population ...

(MENAFN) The International Monetary Fund (IMF) has expressed strong support ... The group further expanded in 2024 to include Egypt, Iran, the United Arab Emirates, and Ethiopia.

IMF officials now face a dilemma. Do they allow politicians to roll back unpopular policies, in line with their recent more conciliatory approach, or do they hold firm and demand reform? There was a ...

Egypt's net International Reserves (NIR) climbed to USD 46.597 billion (EGP 2.25 trillion) in August from USD 46.49 billion ...