Fri. Oct 11th, 2024
Egypt’s Economy

The Central Bank of Egypt has announced a significant increase in remittances from Egyptians living abroad

Remittances witnessed a significant improvement after implementing the reform measures announced on March 6, 2024, as remittances in…

2 months ago

Egypt launches new mineral extraction project

Government sources reported that the” Shalateen Mineral Resources” Company, which owns the project, will manage the complex’s investments…

2 months ago

Egypt reduces the total deficit in the general budget by 17%

During the fiscal year ending last June 30, it decreased to 505 billion pounds ($10.5 billion), compared to…

3 months ago

Inflation rate in Egypt drops to less than 28%

This decrease is due to economic reform efforts and the Egyptian authorities’ support for macroeconomic indicators. Ivana Hollar,…

3 months ago

An increase in the value of Egyptian fuel imports in the first half of 2024

The official explained in press statements that the Egyptian General Petroleum Corporation contracted to import shipments of petroleum…

3 months ago

A significant increase in pharmaceutical sales in Egypt during the first half of 2024

According to his statements to “Al Arabiya Business”, this figure represents an increase of more than 45% compared…

3 months ago

Egypt discusses a new reform package with the European Union at the Cairo conference

She stressed that the financial support packages from the World Bank and the European Union depend on a…

4 months ago

Power outages disrupt the economic activities in the Smart Village in Egypt

According to workers in the region, the outage lasted for more than two hours, causing information darkness in…

4 months ago

The Central Bank of Egypt issues treasury bills in dollars’ worth $500 million

Last April, the Central Bank issued similar treasury bills worth $980 million, as part of a debt restructuring…

4 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,...

2 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...

2 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...

2 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...

2 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...

2 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...

2 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...

2 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,...

2 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...

2 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...

2 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...

2 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...

2 months ago