Sun. Dec 22nd, 2024
Egyptian economy

Delay in disbursing the third tranche of the International Monetary Fund loan to Egypt

The latest updates from the Fund’s Executive Board showed that Egypt was temporarily excluded from the list of…

5 months ago

The private sector’s share of Egyptian banks’ loans declined to 46.2%

This decline is considered the first of its kind since March 2019, when the private sector’s share was…

5 months ago

Egypt announces a project to drill 586 exploratory wells with investments of $7.2 billion to enhance production

The Minister of Petroleum and Mineral Resources, Karim Badawi, pointed out the importance of cooperation with the Ministry…

5 months ago

Egypt… An agreement worth $500 million to develop a real estate project in Cairo with an Emirati partnership

The agreement includes the construction of three residential and commercial towers and a five-star hotel in an area…

5 months ago

The new Egyptian government is sworn in amid economic challenges and regional conflicts

The changes coincide with growing popular discontent due to years of economic mismanagement, the coronavirus pandemic, and the…

6 months ago

Egypt: Historic surplus in net foreign assets after the recovery of the dollar

This increase represents a development that has not occurred in 28 months, as it comes in light of…

6 months ago

Egypt pays off $25 billion of its debt and boosts economic confidence

This payment came as a result of the “Ras Al-Hikma” deal, which included the transfer of Emirati deposits…

6 months ago

The World Bank allocates $700 million to support the Egyptian economy

These funds, allocated within the Development Policy Financing Program, will help the Egyptian government implement structural reforms to…

6 months ago

Egypt plans to buy gas in installments of up to six months

These new conditions make prices slightly higher, as Egypt is expected to pay more than the usual price…

6 months ago

Egypt has halted the export of potatoes to Russia and Europe due to health standards

The Minister of Trade and Industry, Ahmed Samir, announced that this decision came in response to the requests…

6 months ago

Politics South Africa welcomes Turkey’s joining of “genocide” case against Israel

South Africa welcomes Turkey’s joining of “genocide” case against Israel

South Africa’s Minister of International Relations and Cooperation, Ronald Lamola,...

4 months ago

Politics Egyptian citizenship revoked from director Wael Seddiki

Egyptian citizenship revoked from director Wael Seddiki

The Egyptian government headed by Dr. Mostafa Madbouly withdrew the...

4 months ago

Politics Sudan opens Adre border crossing to send aid to Darfur

Sudan opens Adre border crossing to send aid to Darfur

Sudan’s Transitional Sovereignty Council decided on Thursday to open the...

4 months ago

Politics Libya… Belqasim Haftar conducts an inspection tour in the city of Al Bayda

Libya… Belqasim Haftar conducts an inspection tour in the city of Al Bayda

Eng. Belqasim Khalifa Haftar, Director General of the Libya Development...

4 months ago

Politics Mali… Demonstration in Koutiala against Ukraine supporting terrorism in the country

Mali… Demonstration in Koutiala against Ukraine supporting terrorism in the country

Hundreds of demonstrators in the southern Mali city of Koutiala...

4 months ago

Politics Analysis – The power struggle at the Central Bank amid the Libyan chaos

Analysis – The power struggle at the Central Bank amid the Libyan chaos

Western Libya is witnessing a new chapter of internal conflicts...

4 months ago

Politics Egypt tightens health measures to combat monkeypox

Egypt tightens health measures to combat monkeypox

The Egyptian Ministry of Health and Population has ordered the...

4 months ago

Politics Khalifa Haftar hosts Emirati delegation to discuss new development projects in Benghazi (Photos)

Khalifa Haftar hosts Emirati delegation to discuss new development projects in Benghazi (Photos)

Field Marshal Khalifa Haftar, Commander-in-Chief of the General Command Forces,...

4 months ago

Economy U.S. report ranks Morocco among top ten investment destinations in Africa

U.S. report ranks Morocco among top ten investment destinations in Africa

A report issued by the American magazine “Business Insider”, specialized...

4 months ago

Economy Egypt boosts local auto industry with six new models by 2027

Egypt boosts local auto industry with six new models by 2027

Egyptian Prime Minister Dr. Mostafa Madbouly announced progress in plans...

4 months ago

Economy Libya leads Africa in oil reserves despite political challenges

Libya leads Africa in oil reserves despite political challenges

Libya ranked first in the list of African countries in...

4 months ago

Economy Egypt prepares to buy a large quantity of wheat

Egypt prepares to buy a large quantity of wheat

Traders in the European and Middle Eastern grain market said...

4 months ago