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Egypt receives first EUR 1 bn tranche under macro-financial assistance package from the EU
The funds will go towards alleviating external financing constraints, easing the government’s balance of payments and budget needs, and boosting…
Growth picks up to 3.5% in 1Q FY 2024-25 despite drops in energy production and Suez Canal revenues
Non-oil manufacturing grew 7.1% y-o-y in 1Q, marking its second consecutive quarter of growth
Central Bank of Egypt keeps rates unchanged for sixth time in a row
The decision “remains appropriate to maintain a tight monetary stance until a significant and sustained decline in inflation is achieved”
A look back at the Egyptian economy over this past year
We rang 2024 in with a parallel market spiraling out of control
Madbouly, private sector heavyweights discuss challenges, propose solutions
“The private sector cannot bear high interest rates for long,” TMG’s Hisham Talaat Moustafa said
IMF reaches staff-level agreement with Egypt on fourth loan review
The agreement grants Egypt access to USD 1.2 bn pending the Fund’s executive board’s approval
The green economy in 2024: A rundown of investments, initiatives, and challenges that defined the year
It was another year that showed the need for a swift implementation of our green energy targets
A look into the government’s new tax system
The new tax system will see just two or three entities assume charge of collecting taxes and fees
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