In televised remarks, Madbouly explained that Egypt has already taken precautionary measures to safeguard the electricity supply, especially after gas imports were directly affected by the current ...

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Dr. Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, met with Elena Panova, the United Nations Resident Coordinator in Egypt, to discuss avenues of ...

Karim Badawi, Minister of Petroleum and Mineral Resources, announced that a total of 75 wells were drilled between July 2024 and May 2025. Of these, 69 wells were evaluated, resulting in 40 ...

Prime Minister, Mostafa Madbouly, said that over 1,800 U.S. companies are currently operating in Egypt, with total American investments exceeding $47 billion over the past two decades, at the opening ...

Dr. Amr Talaat, Egypt’s Minister of Communications and Information Technology, delivered a keynote speech on behalf of Prime Minister Dr. Mostafa Madbouly at the opening session of the fifth CAISEC ...

The International Monetary Fund (IMF) has reiterated its commitment to supporting Egypt as the country moves forward with the fifth review of its $8 billion Extended Fund Facility (EFF) program. A ...

The Monetary Policy Committee of the Central Bank of Egypt decided to reduce the overnight deposit and lending rates, as well as the Central Bank’s main operation rate, by 100 basis points to 24.00%, ...

Minister of Investment and Foreign Trade, Hassan El-Khatib, presented the new Export Subsidy Rebate Program for FY2025/2026, 2026/2027, and 2027/2028, during Cabinet meeting chaired by Prime Minister, ...

The International Monetary Fund (IMF) is reportedly set to begin the fifth review of Egypt’s economic reform program this week, according to a government official who spoke to Al Asharq on condition ...

Prime Minister, Mostafa Madbouly, of Egypt, received Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), and her accompanying delegation at the Government ...

Fitch Solutions has forecast a gradual improvement in Egypt’s economic indicators from the current fiscal year through 2027/2028, driven by the government’s ongoing fiscal reforms and economic ...