News

Egypt's economy likely grew 4.0% in the fiscal year that ended in June, a slight upward revision from the 3.8% forecast in ...
Egypt’s construction market has grown into one of the largest in the Middle East and North Africa, with future projects ...
The International Monetary Fund trimmed its growth forecast for Egypt’s economy to 4.1 percent for fiscal year 2025-26, a 0.2 ...
Egyptian army dominance has crippled the country’s economy and impacted the private sector's chances to thrive, the IMF warns ...
Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the fund said, citing the public sector's continued dominance of the economy as a ...
Egypt’s economy expanded by 4.8 per cent in the third quarter of FY2024/2025, up from 4.2 per cent in the first nine months ...
The Board of Directors of Credit Agricole Egypt approved the Bank’s results for the period ending June 30, 2025, at its meeting held on Tuesday, July 29, 2025 ...
After years of soaring prices, shortages, and market distortions, Egypt’s automotive sector is witnessing a dramatic shift, ...
Prime Minister Mostafa Madbouli said many international institutions have praised Egypt’s economic resilience, noting that ...
The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...
Know more: In May, Egypt hosted a US-Egypt Policy Leaders Forum, where Madbouly announced that more than 1,800 American firms ...
Finance Ministry officials were not immediately available for comment. The fund forecast that Egypt's external debt would rise from $162.7 billion in 2024/25 to $202 billion by 2029/30.