economy
Moody’s Analytics warns of Iran war’s impact on Egyptian economy
Business
April 11, 2026
Moody’s Analytics warns of Iran war’s impact on Egyptian economy
An economist at Moody’s Analytics, Dominic Bartos, said that the Gulf Cooperation Council (GCC) countries are facing an unprecedented crisis…
Finance Minister: 2026-2027 budget targets LE4 trillion in revenues
Business
March 29, 2026
Finance Minister: 2026-2027 budget targets LE4 trillion in revenues
Minister of Finance Ahmed Kouchouk announced on Saturday, 28/3/2026, that the state general budget for the 2026-2027 fiscal year is…
Govt reviews targeted investments under 2026/2027 economic, social development plan
Business
March 15, 2026
Govt reviews targeted investments under 2026/2027 economic, social development plan
CAIRO, March 12 (MENA) – Prime Minister Mostafa Madbouly said the State attaches great importance to economic and social development…
Egypt’s appliance prices skyrocket 200% amid currency volatility: Experts
Economy
March 13, 2026
Egypt’s appliance prices skyrocket 200% amid currency volatility: Experts
The Egyptian Tax Experts Association has issued an urgent warning regarding the unsustainable surge in home appliance prices, noting that…
Facing ‘grave and complex landscape,’ China sets lowest economic growth target in decades
World
March 5, 2026
Facing ‘grave and complex landscape,’ China sets lowest economic growth target in decades
Beijing/Hong Kong — China set its lowest economic growth target in decades on Thursday, announcing it would aim for 4.5-5…
FM, investment min. urge intensifying institutional cooperation to promote Egyptian economy abroad
Egypt
February 23, 2026
FM, investment min. urge intensifying institutional cooperation to promote Egyptian economy abroad
CAIRO, Feb 22 (MENA) – Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty and Minister of Investment…
Russian travel groups forecast up to 50% growth for Egypt in 2026
Main Slider
January 23, 2026
Russian travel groups forecast up to 50% growth for Egypt in 2026
According to a recent report by the Association of Tour Operators of Russia (ATOR), leading Russian travel providers agree that…
Gold prices slump below record highs amid strengthening US dollar
Business
January 22, 2026
Gold prices slump below record highs amid strengthening US dollar
Global gold prices fell on Thursday, as precious metals saw a broad decline driven by subsiding geopolitical risks and a…
Govt works on maximizing industrial, economic benefits of mining resources
Egypt
January 22, 2026
Govt works on maximizing industrial, economic benefits of mining resources
CAIRO, Jan 22 (MENA) – Prime Minister Mostafa Madbouly asserted that President Abdel Fattah al-Sisi tasked the government with developing…
EU releases €1 billion second tranche as part of €5 billion strategic loan to Egypt
Economy
January 16, 2026
EU releases €1 billion second tranche as part of €5 billion strategic loan to Egypt
Following Egypt’s receipt of the second installment of European Union (EU) financial aid totaling €1 billion, Angelina Eichhorst, the EU…