The Central Bank of Egypt (CBE) announced on Wednesday that Egypt’s net foreign currency reserves rose in May 2025, reaching $48.526 billion, up from $48.144 billion in April. Egypt’s foreign reserves ...

This increase will affect all types of fuel, including gasoline, diesel, industrial mazut, gas for brick kilns, and butane cylinders. The decision comes amid rising global oil prices, compounded by ...

Negotiations are underway over structural reforms linked to the economic component of Egypt’s national program, supported by the European Union’s €4 billion Macroeconomic Financial Assistance (MFA).

The Ministries of Investment and Foreign Trade, in cooperation with the Ministry of Finance, have announced the launch of a new Export Burden Rebate Program for the fiscal year 2025–2026. The new ...

Prime Minister, Mostafa Madbouly, witnessed the signing of a comprehensive operations and maintenance agreement for the Central Business District (CBD) in the New Administrative Capital. The agreement ...

The Information and Decision Support Center (IDSC) of the Egyptian Cabinet has announced that Egypt has successfully established a solid industrial base in the pharmaceutical sector over recent years.

Minister of Investment and Foreign Trade, Hassan El-Khatib, announced that the government is preparing a comprehensive national investment map with clear sectoral objectives. The plan, which will be ...

Egyptian Petroleum Minister Karim Badawi during a strategic meeting with oil sector leaders, launching reforms to boost production and investment. Egypt’s Minister of Petroleum and Mineral Resources, ...

In preparation for the summer season, President Abdel Fattah El-Sisi underlined the importance of proactive steps to ensure stable electricity supply nationwide. He called for the full maintenance of ...

Fitch Solutions’ research arm BMI has revised its forecast for Egypt’s economic growth in FY2025/2026, lowering it slightly to 4.7%, down from an earlier estimate of 5.0%. The downgrade reflects ...

Egypt’s Red Sea gems, Hurghada and Sharm El-Sheikh, have been ranked among the top 15 trending global travel destinations for summer 2025, according to the newly released Travel Trends 2025 report by ...

Egypt’s automotive market maintained its upward trajectory in March, with total vehicle sales reaching 10,800 units, according to data from the Automotive Marketing Information Council (AMIC). This ...