Category: Egypt

Egypt moves forward with privatization as Emirates NBD eyes Banque du Caire

March 14, 2025

Emirates NBD, the largest bank in Dubai by assets, has commenced due diligence on a potential acquisition of a stake in Banque du Caire, Egypt’s ... Read More

IMF approves $1.2 billion for Egypt following economic review

March 12, 2025

The International Monetary Fund (IMF) Executive Board completed its fourth review of Egypt’s economic reform program under the Extended Fund Facility (EFF) arrangement, granting the ... Read More

Egypt: Tax revenue growth, plans for economic stimulus

March 11, 2025

Egypt’s tax revenues surged by 38 percent in the first half of the 2024/2025 fiscal year, according to Finance Minister Ahmed Kouchouk. During a panel ... Read More

Egypt: New trade entity aimed at strengthening exports across Arab markets

March 7, 2025

Egypt is set to establish a new trade entity aimed at strengthening exports across Arab markets, as part of a broader strategy to drive economic ... Read More

AI urges Egypt to end reprisals against hunger-striking detainees

March 6, 2025

Amnesty International has called on Egyptian authorities to halt reprisals against prisoners at 10th of Ramadan Prison who have been protesting against their arbitrary detention ... Read More

Morocco, Egypt review trade agreement

February 28, 2025

Morocco and Egypt are reviewing their free trade deals after Egyptian authorities-imposed restrictions on Morocco’s car exports. The news was confirmed by spokesman for the ... Read More

Ramadan: Egypt unveils EGP 200bn support package to combat rising costs

February 27, 2025

In a bid to alleviate the burden of rising living costs on citizens, the Egyptian government has announced a substantial EGP 200 billion social support ... Read More

Libya: Author of assassination attempt on Cabinet Minister Adel Juma identified

February 26, 2025

The Attorney General's Office revealed on Tuesday February 25 that the Public Prosecutor has successfully identified the individual responsible for the recent assassination attempt on ... Read More

Syria’s new president invited to attend emergency Arab summit

February 24, 2025

Syria's newly appointed President, Ahmed al-Sharaa, has received an invitation from Egyptian President Abdel Fattah el-Sissi to attend an emergency Arab League summit in Cairo ... Read More

Acwa Power to Build Major Wind Power Plant in Egypt in $2.3 Billion Deal

February 21, 2025

Acwa Power, the Saudi renewable energy giant, has announced tthis week hat plans are underway to build, own, and operate a 2-gigawatt (GW) wind power ... Read More

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