CAIRO (Reuters) -Egypt's economy is forecast to grow 4.6% in the fiscal year to next June as inflation and interest rates continue to fall and a weaker currency boosts exports, a Reuters poll showed ...
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EU prepares another $1.7 billion for Egypt as Europe deepens its strategic bet on Africa’s second-largest economy
Egypt expects to receive €1.5 billion ($1.72 billion) from the European Union within days, bringing the country closer to ...
CAIRO (AP) — Egypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan from $3 billion to $8 billion, moving to shore up an economy ...
CAIRO, Aug 20 (Reuters) - Egypt's political crisis has dealt a blow to any hopes for a quick economic recovery, but aid from its Gulf allies is likely to prevent a financial collapse. Clashes between ...
Egypt’s Foreign Minister Badr Abdelatty on Monday chaired the 11th meeting of the Egypt–European Union (EU) Partnership Council, where discussions focused on strengthening bilateral cooperation and ...
CAIRO, Jan 20 (Reuters) - Egypt's economy will grow by 4.0% in the year to the end of June as IMF measures continue to help improve its economic environment, a Reuters poll showed on Monday. The ...
One L'Oréal job in Egypt generates 43 indirect roles across the local value chain, cementing role of L'Oréal and beauty ...
The Red Sea ship attacks may have dented Egypt’s economy, costing billions of dollars in lost Suez Canal fees, but they also forced much-needed change, according to the head of Egypt’s largest private ...
Standard Chartered expected Egypt’s economic recovery to gather pace in FY2026/2027, which started at 1 July 2026, forecasting GDP growth of 4.7 percent as easing inflation, improving macroeconomic ...
The International Monetary Fund (IMF) has reaffirmed its deepening programmatic engagement with Egypt, stating that the $8.1 billion Extended Fund Facility (EFF) remains the cornerstone of the ...
The newly elected President of Egypt, the Muslim Brotherhood’s Mohamed Morsy, has taken on one of the most daunting jobs in the world. He’ll have to restore stability to a country ravaged by political ...
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