News

Egypt and China entered into three financial cooperation agreements on Thursday. The main topics of discussion included the creation of agreements to facilitate trade in local currencies and the ...
In the face of chaos, the global economy powers on. Since 2011 growth has continued at around 3% a year. During the worst of the euro crisis in 2012? Around 3%. What about 2016, the year Britain voted ...
Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the ...
July 15, 2025 https://doi.org/10.5089/9798229017169.002 Country Report No. 2025/187 ...
General Motors remains attractively valued despite near-term uncertainty from tariffs and a potentially weakening economy.
A floating exchange rate and international support have helped draw billions of dollars back into Egypt’s economy. Now the banking industry hopes to see reforms to create a more dynamic private sector ...
Western and Eastern energy giants are competing for new Egyptian gas exploration blocks. As Egypt opens 12 key Mediterranean ...
The CEO of Egypt's third-largest bank tells Al-Monitor why he is hopeful about the country's economic recovery.
The net foreign assets of the banking sector (the central bank and commercial banks) rose by about $1.2 billion to $14.7 billion in May 2025, compared to $13.6 billion in the previous month.This ...
The International Monetary Fund on Thursday said it would combine the fifth and sixth reviews of Egypt's $8 billion support ...
Multi-basin assets significantly enhance the long-term prospects of oil and gas companies by offering geographic diversification, production flexibility and risk mitigation.
Egypt’s economy has demonstrated recovery by recording a GDP growth rate of 4.77% in the third quarter of the fiscal year 2024/2025 as reported by the Ministry of Planning, Economic Development and ...