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Category: Egypt
Morocco to impose anti-dumping measure on Egyptian tomato paste
Morocco is considering applying anti-dumping measures on tomato paste imported from Egypt, the industry minister said as local industries complain of unfair competition. The agri-food ... Read More
The six African countries with highest debt to GDP ratios
Sudan, Cabo Verde, Mozambique, Republic of the Congo, and Egypt have been listed as countries with the highest debt to GDP ratio in the African ... Read More
IMF gives go-ahead for $8 billion loan to Egypt
The IMF agreed to offer Egypt a loan worth 8 billion dollars under an Extended Fund Facility to support the country’s economic stability. Following its ... Read More
EU’s 7.4 bn-euro aid package to support cash-strapped Egypt, curb illegal migration
The European Union signed a "historic" deal with Egypt on Sunday (17 March) that includes a funding package of 7.4 billion euros and elevating their ... Read More
EU’s Egyptian headache: Brussels readies €7.4bn aid package to help economy, curb migration
Egypt is reportedly set to receive up to 7.4 billion euros in funding from the European Union under a major 'cash for migrant control' pact ... Read More
South Africa: Three monks killed in a church attack
Three Egyptian Coptic monks were killed in an attack in a monastery on March 12 in South Africa, as the country struggles with a surge ... Read More
Saudi, Qatari investors may follow UAE in ‘buying up’ Egypt’s coastline
Only days after the announced $35 billion deal with the UAE for the development of Ras al-Hekma on its Mediterranean coast, Egypt is reportedly also ... Read More
Egypt inks ‘historic’ $35bn deal with UAE, hoping to ease dollar squeeze, save economy
Egypt and the United Arab Emirates (UAE) have signed a landmark $35 billion investment deal to develop Ras al-Hekma peninsula on the Mediterranean coast that, ... Read More
Egypt extends tax-free car import initiative
Egypt will extend for additional three months the tax-free car import initiative launched by the country in view of widening the beneficiary base, Arab Finance ... Read More
Egypt, Italy seal deal to operate RoRo shipping line in H1 2024
Egypt and Italy have inked an agreement for the international transport of goods by towed land vehicles, trailers, and semi-trailers, using roll-on/roll-off (RoRo) line, ‘Arab ... Read More