Update: President Abdel Fattah al-Sisi signed the draft asylum bill into law and it was published in the Official Gazette on December 17, 2024. (Beirut) – Egypt’s draft asylum law, if enacted, risks ...

CAIRO, Aug 30 (Reuters) - Egypt's real gross domestic product grew by 4.5% in the 2024-25 financial year, up from 2.4% the previous year, Finance Minister Ahmed Kouchouk said on Saturday, boosted by ...

Egypt's private sector is key to the country's prosperity amidst fast-changing global and domestic economic conditions. Egypt has taken several initial steps towards creating a more conducive ...

Egypt plans to build a $7 billion petrochemical complex and launch new oil and gas auctions to boost domestic production. The country aims to enhance energy security and attract foreign investment, ...

CAIRO, Jan 16 (Reuters) - Egypt's current account deficit more than doubled to $5.9 billion in July-September 2024, compared with $2.8 billion in the year-ago quarter, as Suez Canal revenues remain ...

The yearlong attacks on commercial ships in the Red Sea are continuing to take their financial toll on the Suez Canal and the Egyptian economy. According to a statement from Egypt’s presidential ...

CAIRO - Egypt and Somalia agreed to activate the military cooperation protocols that were signed in 2024, in yet another dramatic move which could interest Ethiopia, a country entangled in ...

Satellite data information aggregator says Egyptian buyers brought in nearly 3.5 million metric tons of ferrous scrap in 2024. The top three exporters of ferrous scrap to Egypt last year were the ...

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