Morocco outshines Egypt, Nigeria, others, earns $11 billion from Tourism in 2024
Morocco has emerged as Africa’s leading travel destination, generating a record $11 billion in tourism revenue in 2024 and welcoming ...
Tag: Egypt
News and analysis about Egypt
Ten African countries with the highest remittance received in 2023 – World Bank
In 2023, the top ten recipient countries of remittances in Africa received $72.5 billion.
Egypt’s debt crisis deepens as foreign debt rises by $3.5 billion in three months
Egypt’s debt crisis deepens as foreign debt rises by $3.5 billion in three months
Egypt to receive additional $400 million support from the UK
Following a significant influx of about $57 billion in financial aid from various allies and development partners, Egypt is set ...
Egypt doles out $1.5bn, begins repaying debt owed to foreign oil and gas companies
Egypt started paying off debts it owes foreign oil and gas companies operating in the country having set aside $1.5bn ...
Egypt allocates $2.6bn for bread subsidies in 2024/2025 budget
Egypt will allocate $2.66bn for bread subsidies in its 2024/2025 Budget and $3.13 billion in petroleum products subsidies according to ...
World Bank to support Egypt with $6bn over three years
Egypt is set to recieve a fresh $6bn in support from the World Bank Group to tackle its poor economy.
Egypt to receive $8.1 billion from EU, after securing over $40 billion deals from IMF and UAE
Egypt is set to receive an $8.1 billion (7.4 billion Euros) funding package from the European Union amidst a humanitarian ...
E.U to join IMF, World Bank, UAE in providing multi billion USD support to Egypt – Report
The European Union (EU) has disclosed plans to provide around €7.4 billion support to Egypt as part of effort to ...
Egypt to get $8 billion IMF bailout after removing currency controls
Egypt has successfully negotiated an expansion of its International Monetary Fund's (IMF) bailout package to $8 billion, following the government's ...
