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Stronger reserves and dollar liquidity helped Egypt absorb the latest regional shock without a repeat of previous currency stress, but the I...
[allAfrica] For centuries, Egypt's power has flowed from the Nile and its position between continents. In the twenty-first century, the question is whether geography can become ind...
Egypt’s trade deficit widened by 58.5 percent in June compared with the previous year, reaching USD 7.5 billion (EGP 382.3 billion) as imports outpaced export growth, according to...
Moody’s Ratings, one of the world’s major credit-rating agencies, has upgraded Egypt’s long-term credit rating to B3 from its previous level, maintaining a positive outlook as th...
Egypt’s annual inflation rate rose slightly to 12.8 percent in September 2026, compared to 12.7 percent in August, as rising food prices, particularly vegetables, contributed to hi...
Egyptian oil output rose by 1% month-on-month to 526,000 b/d in July, up 4% year-on-year, the latest Ministry of Petroleum data show. Output...
Egypt’s refinery runs increased by 7% in 2025-26 as Cairo pursues its goal of petroleum product self-sufficiency by 2030. Long-awaited upgra...
On Wednesday, Xi Jinping and his Egyptian counterpart, president Abdel Fatah el-Sissi, oversaw the signing of a series of deals, including on technology, economic co operation and...
Egypt and the UAE Emirate of Fujairah are moving ahead with a joint oil-storage venture at El Hamra as Cairo expands capacity and seeks to b...
Exports from Russia to Egypt totaled $5.9 billion in the reporting period
The Suez Canal is beginning to reclaim its position at the heart of global maritime trade, with rising vessel traffic and the return of major shipping services suggesting that th...
Egypt’s crude and condensate production was virtually unchanged at 525,300 b/d in August, down 520 b/d month-on-month, Ministry of Petroleum...
Egypt’s ready-made garment exports increased 14 percent year on year during the first seven months of 2026, reaching $2.14 billion, compared with $1.869 billion during the same per...
Egypt and South Africa have launched a Joint Business Council to boost trade, including in mining, agriculture, renewable energy and mobility, and economic relations between the na...
[Radio Dalsan] CAIRO -- Egypt's Suez Canal Authority (SCA) has declared the waterway safe, with maritime traffic flowing normally as August revenue rose 56.7 percent year-on-year t...
Remittances from Egyptians working abroad rose 28.1 percent year-on-year to around USD 29.7 billion (EGP 1.54 trillion) during the first seven months of 2026, up from approximately...
Egypt and Italy discussed expanding cooperation in trade, investment, energy, and labour mobility during the first session of the Egyptian-Italian Joint Higher Committee in Cairo o...
Egypt plans to double its current hotel capacity of 240,000 rooms, with 35,000 rooms in the development pipeline, including luxury properties.
The US dollar surpassed EGP 55 against the Egyptian pound for the first time on Thursday, 22 October, with selling rates reaching EGP 55.37 at Egyptian banks by the close of busine...
Seventy years after Egypt became the first Arab and African country to establish diplomatic relations with the People’s Republic of China, Cairo and Beijing are looking to take t...
Egypt’s six-month price-reduction initiative for essential goods will expand from 12 to 30 commodities, according to a government statement following Prime Minister Mostafa Madboul...
Foreign investment in Egypt’s real estate sector rose 47.4 percent year on year to USD 2.8 billion (EGP 150 billion) in the fiscal year ended June 2026, up from USD 1.9 billion (...
Egypt’s gas output fell to a new multi-decade low in August as offshore losses outstripped Western Desert gains. New drilling has not yet be...
Egypt gas imports exceeded domestic production for the first time in July, as power plants burned record volumes of gas to meet the seasonal...
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