Tag: suez canal

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…

Mohamed El-Seidy

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…

Hossam Mounir

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…

Daily News Egypt

Egyptian expat remittances surge to $32.6bn after March 2024 reforms: CBE

The Central Bank of Egypt (CBE) announced on Monday that remittances from…

Hossam Mounir

PM Madbouly inspects, inaugurates key projects in Suez Canal Economic Zone

Prime Minister Mostafa Madbouly visited on Saturday the Suez Canal Economic Zone…

Daily News Egypt

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…

Daily News Egypt

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…

Mohamed El-Seidy

Suez Canal Economic Zone offers promising opportunities for investors: PM Madbouly

Egypt’s Prime Minister Mostafa Madbouly held a meeting on Sunday with Walid…

Daily News Egypt

Suez Canal Aquaculture Company, Tejedor Lázaro Group ink cooperation deal

Egypt's Prime Minister Mostafa Madbouly attended the signing of a Memorandum of…

Daily News Egypt

Egypt’s GDP growth rate records 4.3% in the second quarter of FY 2024/2025

Egypt’s GDP growth rate continued to recover during Q2 FY 2024/2025, recording…

Daily News Egypt