Economy

FEDCOC Head urges businesses to join new licensing system

FEDCOC Head urges businesses to join new licensing system

Chairman of the Federation of Egyptian Chambers of Commerce (FEDCOC) Ahmed al-Wakil described the new public shop licensing system as…
IMF to provide $1.774 billion to Egypt following final Executive Board approval

IMF to provide $1.774 billion to Egypt following final Executive Board approval

The Executive Director at the International Monetary Fund (IMF) representing the Arab Group and Maldives on the Executive Board, Mohamed…
IMF includes Egypt on meeting agenda for Thursday to finalize 7th review

IMF includes Egypt on meeting agenda for Thursday to finalize 7th review

The International Monetary Fund (IMF) has added Egypt to the agenda of its Executive Board meeting scheduled for Thursday to…
Egypt leads Africa in FDI inflows for fourth consecutive year

Egypt leads Africa in FDI inflows for fourth consecutive year

Egypt ranked first in Africa for attracting foreign direct investment (FDI) for the fourth consecutive year, recording inflows of $15.5…
Egypt, BP company to boost natural gas output with new mediterranean well

Egypt, BP company to boost natural gas output with new mediterranean well

Egypt’s petroleum sector, in cooperation with British Petroleum company (BP), is preparing to bring the North Fayoum-4 gas well in…
Gold prices surge once more in Egyptian markets

Gold prices surge once more in Egyptian markets

Gold prices in Egyptian markets saw yet another surge on Sunday. The price of 21-karat gold rose by about LE…
Egypt rejects Trump’s tariffs, slamming it as violation of international law

Egypt rejects Trump’s tariffs, slamming it as violation of international law

Various experts have criticized US President Donald Trump‘s decision to impose new tariffs ranging from 10 percent to 12.5 percent…
FM highlights Egypt’s investment potential at Philippine business roundtable

FM highlights Egypt’s investment potential at Philippine business roundtable

Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty participated on Friday, July 24, 2026, in a roundtable…
Marriott signs LE56 billion deal in Egypt with major 9-hotel expansion

Marriott signs LE56 billion deal in Egypt with major 9-hotel expansion

Marriott International has signed a deal with Misr Italia Properties and People & Places Real Estate Development to build nine…
PM reviews efforts to strengthen investment climate in Sinai

PM reviews efforts to strengthen investment climate in Sinai

Prime Minister Mostafa Madbouly reviewed on Tuesday, July 21, 2026, government efforts to strengthen the investment climate in the Sinai…
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