Egypt has signed a $200 million deal with Qatar’s Al Mana Holding to produce sustainable aviation fuel from used cooking oil in the Suez Canal Economic Zone.
Egypt signs deal with Al Mana to launch green jet fuel project Read More »
Egypt’s economy is set to grow strongly over the next three years as inflation falls, interest rates ease, and a weaker currency supports exports and tourism.
Egypt’s economy rebounds sharply as exports rise and inflation falls Read More »
Egypt’s economy expanded beyond forecasts in 2024-25 even as inflation, canal disruptions, and wheat imports weighed heavily.
Egypt GDP grows 4.5% despite pressures Read More »
Egypt’s net foreign assets dropped by $1.5 billion in April after a March increase following IMF approval and investor inflows into treasury bills.
Egypt’s foreign assets shrink after March IMF boost Read More »
The Egyptian government raises diesel and gasoline prices for the first time in 2025 in line with its IMF agreement to reduce fuel subsidies.
Egypt raises fuel prices for the first time in 2025 Read More »
Egypt’s net foreign assets rose by $1.48 billion in February, supported by treasury bill investments and bond sales.
Central bank reports second gain in Egypt’s foreign assets in 2025 Read More »
Egypt secures a $1.2 billion IMF fund release as part of its ongoing economic reform commitments.
IMF approves $1.2 billion disbursement for Egypt after fourth review Read More »
Central bank data reveals a $1.12 billion decline in Egypt’s net foreign assets in October, ending the month at $9.21 billion compared to $10.33 billion in September.
October sees Egypt’s net foreign assets decline by $1.12 billion Read More »
