Suez Canal signs $2bn first-phase deal to build petrochemical complex in Ain Sokhna
Osama Rabie, Chairperson of the Suez Canal Authority (SCA), witnessed on Wednesday…
New East Port Said Technological University part of Sinai development drive
Egypt's Ministry of Higher Education has highlighted the establishment of the East…
Egypt achieves record primary budget surplus of EGP 629bn despite sharp fall in Suez Canal revenues
Egypt recorded its highest-ever primary budget surplus in fiscal year 2024/2025, reaching…
Opinion | Egypt’s Strategic Dilemma: Sovereignty, Diversification, and the $7.5bn Offer
The recent offer from the United States—$7.5bn in military modernization aid in…
Egyptian expat remittances surge to $29.4bn in 10M of FY 2024/25: CBE
Remittances from Egyptians working abroad recorded a historic increase in the first…
External debt of budget sector falls by $2bn in 10 months: Finance Minister
Finance Minister Ahmed Kouchouk announced that Egypt’s external debt related to the…
Egyptian expat remittances surge to $32.6bn after March 2024 reforms: CBE
The Central Bank of Egypt (CBE) announced on Monday that remittances from…
PM Madbouly inspects, inaugurates key projects in Suez Canal Economic Zone
Prime Minister Mostafa Madbouly visited on Saturday the Suez Canal Economic Zone…
Egypt records BOP deficit of $502.6m in H1 FY 2024/25
Egypt's balance of payments (BOP) recorded an overall deficit of $502.6m during…
Opinion | Egypt’s Strategic Shift: Why Turning to China is a Necessity, Not a Choice
For decades, Egypt has been told what weapons it may possess, how…