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

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 ...

Egypt is set to receive $5 billion of investments from the Saudi Public Investment Fund as part of the first phase of a ...

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

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

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

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

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

Egypt said Saudi Arabia’s crown prince has directed the kingdom’s sovereign wealth fund to invest an initial $5 billion in ...

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

The International Monetary Fund (IMF) has expressed strong support for the expansion of BRICS, with spokesperson Julie Kozack ...