economy
Egypt’s revenue expected to reach $17.8 billion in 2026, mainly driven by European tourists: Report
Business
December 2, 2025
Egypt’s revenue expected to reach $17.8 billion in 2026, mainly driven by European tourists: Report
A report by the US rating agency Fitch has disclosed its projections regarding the performance of Egypt’s tourism sector for…
Egypt reports strong GDP growth in Q1 2025-26, led by non-oil industry, tourism, and ICT, minister says
Business
November 29, 2025
Egypt reports strong GDP growth in Q1 2025-26, led by non-oil industry, tourism, and ICT, minister says
CAIRO, Nov 27 (MENA) – Egypt’s non-oil industrial sector led economic growth in the first quarter of the 2025-26 fiscal…
Egypt’s economy achieves 5.3% growth for 1st time in three years
Business
November 28, 2025
Egypt’s economy achieves 5.3% growth for 1st time in three years
Egypt’s economy grew by 5.3 percent during the first quarter of the 2025-2026 fiscal year, the first time in three…
CBE holds interest rates steady, citing inflation risks and ‘wait-and-see’ approach
Business
November 21, 2025
CBE holds interest rates steady, citing inflation risks and ‘wait-and-see’ approach
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) met on Thursday, and decided to maintain key…
CBE cuts key interest rates by 100 bps
Business
October 4, 2025
CBE cuts key interest rates by 100 bps
CAIRO, Oct 2 (MENA) – The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided Thursday to…
Qatar to launch massive Red Sea tourism project with St. Regis
Egypt
October 2, 2025
Qatar to launch massive Red Sea tourism project with St. Regis
The Qatari Ambassador to Egypt, Tariq Faraj al-Ansari, has revealed that Qatari Diar Real Estate Investment Company is preparing to…
Spanish royal visit could unlock massive tourism growth for Egypt
Life & Style
September 26, 2025
Spanish royal visit could unlock massive tourism growth for Egypt
The historic visit by King Felipe VI and Queen Letizia of Spain to Egypt, which included tours of Cairo, Luxor,…
CBE: Egypt’s foreign exchange reserves rise to $49.250 billion in August
Business
September 8, 2025
CBE: Egypt’s foreign exchange reserves rise to $49.250 billion in August
The Central Bank of Egypt (CBE) announced on Sunday, September 7th, 2025, an increase in the country’s foreign exchange reserves…
Egypt’s dollar resources hit record high of $8.5 billion: Prime Minister
Business
August 28, 2025
Egypt’s dollar resources hit record high of $8.5 billion: Prime Minister
Prime Minister Mostafa Madbouly denied reports that Egypt’s economic improvement is solely due to the International Monetary Fund program. He…
PM reports economic gains, foreign reserve growth
Business
August 14, 2025
PM reports economic gains, foreign reserve growth
CAIRO, Aug 13 (MENA) – Prime Minister Mostafa Madbouly said that the economy is showing strong performance, with foreign reserves…