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CIRA to set up new language school in New Rashid
Private education outfit CIRA is planning to set up a language school in New Rashid, and is close to wrapping…
Current account under the spotlight as economy continues to recover from covid
Remittances to Egypt rose 10% y-o-y in the first five months of 2021, Planning Minister Hala El Said said in…
More FDI, please
Net foreign direct investment is expected to rebound next fiscal year to a near pre-pandemic level, Planning Minister Hala El…
We’re getting serious about conserving water as GERD’s 2nd filling looms
The government will apply tighter water-saving measures to mitigate the impact of the second filling of the Grand Ethiopian Renaissance…
Current account deficit widens to USD 4.8 bn in 2Q2020-2021
Egypt’s current account deficit widened to USD 4.8 bn in 2Q2020-2021, from USD 3.2 bn in the same period last…
HSBC confident of Egypt’s prospects, but challenges remain
Egypt is “one of the most compelling economic stories” in the MENA, Africa and Eastern European regions but continues to…
Egypt’s construction growth slowed in 2020, but steady recovery sees it outperforming regional peers
Egypt’s construction growth slowed in 2020, but recovery sees it outperforming regional peers: Egypt’s construction sector saw an overall pandemic-driven…
Egypt is still Africa’s top FDI destination despite covid
Foreign direct investment into Egypt fell 39% in 2020 as fears over the coronavirus pandemic caused a historic drop in…
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