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Prime Minister, Mostafa Madbouly, said that over 1,800 U.S. companies are currently operating in Egypt, with total American investments exceeding $47 billion over the past two decades, at the opening ...
Minister of Investment and Foreign Trade, Hassan El-Khatib, presented the new Export Subsidy Rebate Program for FY2025/2026, 2026/2027, and 2027/2028, during Cabinet meeting chaired by Prime Minister, ...
Prime Minister, Mostafa Madbouly, of Egypt, received Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), and her accompanying delegation at the Government ...
The International Monetary Fund (IMF) is reportedly set to begin the fifth review of Egypt’s economic reform program this week, according to a government official who spoke to Al Asharq on condition ...
Egypt ranked second among African nations in terms of GDP in 2025, according to a recent report from the International Monetary Fund (IMF) has revealed the top ten African countries by Gross Domestic ...
Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, announced that public investments allocated to Egypt’s Information and Communications Technology (ICT) ...
The Central Bank of Egypt (CBE) announced a significant surge in remittances from Egyptians working abroad, which reached $20 billion during the first seven months of FY2024/2025, compared to ...
The Financial Regulatory Authority (FRA) has granted approval to three brokerage firms—Telda, Beltone, and Thndr—to conduct their operations using financial technology (fintech). This approval marks a ...
Egypt’s Holding Company for Maritime and Land Transport signed a Memorandum of understanding) MoU(with Elsewedy Electric to establish a $500 million subsea cable factory in the newly designated ...
The government expects to finalize an agreement with the International Finance Corporation (IFC) within the next two weeks regarding plans to open the management and operation of 11 airports to the ...
Remittances climbed to approximately $29.6 billion in 2024, marking a 51.3% increase from $19.5 billion in 2023, according to a report released by the Central Bank of Egypt (CBE). Following the ...
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