Tag: egyptian economy

Poultry prices in Egypt continued their upward trend in February 2026, reaching EGP 97.2 per kilogram, marking the highest level in ten months, according to official data released

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2026-02-15 egyptian economy

Poultry Prices in Egypt Hit EGP 97.2 per Kg, Highest in 10 Months

Poultry prices in Egypt continued their upward trend in February 2026, reaching EGP 97.2 per kilogram, marking the highest level in ten months, according to off...

2026-02-08 egyptian economy

Georgieva Praises Egypt’s Economic Reforms and Expresses Confidence in the Egyptian Economy

International Monetary Fund Managing Director Kristalina Georgieva expressed strong confidence in Egypt’s economic reforms, highlighting the government’s clear...

2026-01-26 egyptian economy

From Exemption to Fees: Why Mobile Phone Regulations Sparked Anger Among Egyptians Abroad

Egypt’s decision to end the exceptional exemption for mobile phones brought in from abroad has triggered widespread anger, particularly among Egyptians living o...

2026-01-22 egyptian economy

OECD Country Programme strengthens Egypt’s economic reform path

Egypt continues to deepen its international partnerships to support economic and institutional reform, as the Minister of Planning, Economic Development and Int...

2026-01-22 egyptian economy

Kamel El-Wazir Discusses New Toyota Investments to Localize Car Manufacturing in Egypt

The Egyptian government is stepping up efforts to strengthen car manufacturing in Egypt, as the Deputy Prime Minister for Industrial Development and Minister of...

2026-01-16 egyptian economy

Egypt Tourism Hits Historic Boom with $24 Billion Revenue and 19 Million Visitors

Egypt’s tourism sector delivered exceptional performance in 2025, strengthening its role as a key driver of the national economy and a major source of foreign c...

2026-01-09 egyptian economy

Egypt Inflation Expected to Rise to 12.5% in December

Recent estimates suggest that inflation in Egypt may edge slightly higher in December, reaching around 12.5%, as food prices — a key component of the inflation...

2026-01-06 egyptian economy

Egypt’s Private Sector Records Strongest Quarterly Performance in Five Years

Egypt’s non-oil private sector recorded its strongest quarterly performance since late 2020, marking the second consecutive improvement in business conditions i...

2026-01-06 egyptian economy

Standard Chartered Lowers Egypt Dollar Forecast and Sees 11% Inflation in 2026

Standard Chartered has revised its forecasts for the U.S. dollar versus the Egyptian pound, projecting a rate of EGP 47.5 in the first quarter of 2026 and stabi...

2025-12-31 egyptian economy

Egypt Boosts Liquidity: $3.5 Billion Received as Part of Foreign Investment Deal for North Coast Development

Egypt Receives Substantial Dollar Inflows to Bolster Economy In a significant boost to its monetary stability, Egypt has officially received $3.5 billion as par...

2025-12-24 egyptian economy

IMF Agreement Opens $3.8 Billion in Funding for Egypt

The IMF agreement marks a pivotal step in Egypt’s economic reform path. The International Monetary Fund has reached a staff-level agreement with the Egyptian go...

2025-12-14 egyptian economy

Egypt Gold Production Targets 800,000 Ounces Annually with Mining Reforms

Gold production in Egypt is entering a major expansion phase, driven by comprehensive government reforms aimed at strengthening the mining sector and attracting...

2025-12-14 egyptian economy

Gold Production in Egypt: How Cairo Plans to Reach 800,000 Ounces Annually

Egypt is working to expand gold production as a key driver for economic growth and foreign currency inflows, with plans to boost output in fiscal year 2025-2026...

2025-12-14 egyptian economy

Government Debt in Egypt Falls 11% Over Two Years as Growth Accelerates

Government debt in Egypt has recorded a notable decline over the past two years, with the ratio of budget-sector debt to GDP falling by more than 11%. This impr...

2025-12-13 egyptian economy

Free Zones Drive Egypt’s Plan to Attract $6.5 Billion in New Investments

The Egyptian government is seeking to strengthen the role of free zones in supporting economic growth and attracting foreign direct investment, through a plan a...

2025-12-12 egyptian economy

Private Insurance Funds Record Record Investments of EGP 168.1 Billion

Private insurance funds continued to deliver strong financial and investment performance by the end of 2024, supported by strict regulatory oversight and ongoin...

2025-12-12 egyptian economy

European Investment Bank Strengthens Partnership with Egypt to Support Development Projects

European Investment Bank continues to expand its presence in Egypt by supporting major development projects for both the government and the private sector, with...