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The Reuters take on our economic reforms
Our economy under the spotlight: Reuters takes a deep dive into what the future may hold for the Egyptian economy…
Chinese investors ink USD 9.5 mn worth of industrial project in TEDA
The new investments are the latest in a series of agreements for big ticket Chinese projects in the industrial park
War in Gaza could cost Egypt up to USD 20 bn, UNDP estimates
Suez Canal and tourism revenues are expected to take a big hit
Traders send US stocks to record high after promising inflation data
US inflation cooled to 3.4% in April, coming in below analyst expectations
Unemployment rate falls to 6.7% in 1Q 2024
Folks aged 15-29 accounted for 64.5% of all jobless people in 1Q 2024
EBRD once again slashes our growth forecast for 2024
The EBRD cut our growth forecast for 2024 to 3.9%, down 0.6 percentage points from its September forecast
Central banks pulls a record EGP 1.1 tn in liquidity from the banking sector
Good morning, folks. The news flow has picked up after a couple of less than eventful days with news of…
Second USD 20 bn tranche of Ras El Hekma funds land in state coffers
The tranche consists of USD 14 bn fresh inflows and USD 6 bn in the form of a previous UAE…
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