Maersk set to restart Suez Canal journeys this December after fresh agreement with Egypt’s SCA
Maersk-affiliated ships will start making limited trips through the canal in early December, according to the ...
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Egypt’s SCZONE Secures $3.5 Billion Investment For Three Mega Projects
This partnership is a much-needed bolster to investments in the SCZONE, as it not only strengthens ...
UAE’s Emaar Properties Invests $18.5 Billion in Egypt, Promising a Boost Beyond Tourism
Jamal Bin Theniyah, chairman of the UAE's Emaar Properties, stated that they are planning to invest ...
Standard Chartered Report Cites Foreign Investments As Driver Of Egypt’s Economic Growth
Standard Chartered has estimated that at least 50% of the investment pledges made to Egypt from ...
Egypt Strikes Gold as its Revenue Boosted by 131% to Over $446 Million Through Mineral Exploration Deals
Egypt is a country that stands out for its vast infrastructure and unmatched strategic location, with ...
IMF Commends Egypt’s Economic Progress But Advises A Wider Tax Base
Egypt was forced to seek assistance from the IMF last year after being plagued with high ...
Egypt-China Sign MoU In Healthcare Sector
Egypt had signed a new MoU with one of China’s diagnostics giants, Snibe, to help advance ...
Egypt’s Banking Sector Shines With 27% Growth in Deposits Despite Inflation and Devaluation
Egypt’s banking industry recorded a 26.9% increase in total deposits in the 2023-2024 fiscal year compared ...
Egypt’s Inflation Slows to 23.2% in January, But Food Prices Keep Rising
Food security is still a significant problem, with Egypt buying 80% of its wheat from Russia ...
EU Approves €7.4 Billion in Aid for Egypt With Migration in Mind
The European Union has agreed to a €7.4 Billion aid package for cash-strapped Egypt amid concerns ...
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