Tag
EGYPT
News and analysis about Egypt
Egypt announced on Friday a monumental $35 billion investment deal with the United Arab Emirates (UAE) to develop the Ras El Hikma peninsula
A delegation from the International Monetary Fund (IMF) was in Egypt to engage in talks that may surpass $10 billion in assistance for the Egyptian government.
Oxfam International has reported that emerging economies, including some of the world's most impoverished nations, are poised to undergo budget reductions exceeding $220 billion over the next five years due to a looming debt crisis that has pushed numerous countries to the brink of default.
Egypt and UAE signed a currency swap deal worth around $1.4 billion in a move to help the North African country ease its economic crisis.
Nigeria, Algeria, and Egypt are expected to dominate the African natural gas and liquefied natural gas (LNG) supply market from 2023 to 2027.
Nigeria and Egypt are charting the course to dominate the African fashion landscape, encompassing accessories, apparel, and footwear.
Egypt, renowned for its history and culture, stands tall among the Arab region's largest economies, securing the third spot on Forbes Middle East's 2020 list with a projected GDP of $394.3 billion in 2021.
Ahmed Issa, more nationalities are now eligible for visas-on-arrival and they are also introducing a multiyear visa program.
Egypt has joined the Africa Finance Corporation (AFC) as the first North African sovereign shareholder
Egypt's central bank raised the benchmark interest rate by 100 basis points today, citing global inflationary pressures and the situation in Ukraine as reasons.
Egypt, Nigeria and South Africa lead the list of African countries that have attracted the highest foreign direct investments in the past ten years.
The fast-rising crypto-asset market's valuation of $1.08 trillion almost equals the GDP of Africa's three biggest economies combined.