News

Egypt’s automotive market maintained its upward trajectory in March, with total vehicle sales reaching 10,800 units, according to data from the Automotive Marketing Information Council (AMIC). This ...
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 ...
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 ...
Egypt ranked second among African nations in terms of GDP in 2025, according to a recent report from the International Monetary Fund (IMF) has revealed the top ten African countries by Gross Domestic ...
Minister of Communications and Information Technology, Amr Talaat, inaugurated Intelcia's new regional headquarters in Sheikh Zayed City, Giza Governorate. Intelcia plans to expand its presence in the ...
During the first quarter of FY2024/2025, Egypt’s foreign trade reached a combined value of $32.24 billion, according to data released by the Central Bank of Egypt (CBE). This total includes $23.15 ...
The Central Bank of Egypt (CBE) announced a significant surge in remittances from Egyptians working abroad, which reached $20 billion during the first seven months of FY2024/2025, compared to ...
Trade relations between Egypt and France continued to strengthen in 2024, with the total volume of trade reaching $2.9 billion, up from $2.5 billion in 2023, according to data from the Central Agency ...
The Financial Regulatory Authority (FRA) has granted approval to three brokerage firms—Telda, Beltone, and Thndr—to conduct their operations using financial technology (fintech). This approval marks a ...
Al-Organi Group and El-Garhy Group have announced the signing of a Memorandum of Understanding (MoU) between ODI, a subsidiary of Al-Organi Group, and Al-Wahda for Industrial Development, a subsidiary ...
Ten Chinese investors plan to launch small and medium-sized industrial projects in Egypt this year, with a total investment of $60 million. Ahmed Ezz El-Din, Chairman of the Committee for Developing ...
The General Authority for the Suez Canal Economic Zone (SCZone) has officially begun construction on the first phase of Di Seta’s new project in the Qantara West Industrial Zone. The Chinese company, ...