Fitch Ratings has upgraded Egypt’s credit outlook to positive, reflecting growing confidence in the North African nation’s economic prospects following an international bailout of $57 billion....
Egypt has initiated liquefied natural gas (LNG) purchases to mitigate potential supply shortages anticipated during the scorching summer months. The move is rare for a country...
Egypt has secured an augmentation of its International Monetary Fund (IMF) loan program to a total of $8 billion. The decision reflects a recognition of Egypt’s...
The recent announcement of the United Arab Emirates’ (UAE) monumental investment in Egypt, touted as the largest in the nation’s history, has elicited mixed reactions among...
Turkish textile manufacturers are increasingly turning their gaze toward Egypt as the North African country’s currency weakens, presenting a promising landscape for investment. With Turkey grappling...
Egypt and the International Monetary Fund (IMF) have finalized a landmark agreement totaling $8 billion. The deal marks a critical juncture for Egypt’s economic stability amidst...
Amid Egypt’s most severe economic challenges in recent years, citizens have embarked on a three-day-long electoral journey as they cast their votes in a pivotal election...
Despite the recent Israel-Hamas conflict, Egypt’s tourism sector remains optimistic about meeting its target of 15 million arrivals in 2023 with expectations of further growth in...
Israel’s gas shipments to Egypt have plunged by 20% due to safety concerns leading to the temporary shutdown of the crucial Tamar offshore gas field. This...
African central banks are gearing up for a series of decisions in the next three weeks, with most of them leaning towards maintaining their current interest...