Browsing: Egypt

Egypt’s trade balance deficit dropped by 37.2% year on year (YoY) to $2.08 billion in January, Asharq Business reported, citing the Central Agency for Public Mobilization and Statistics (CAPMAS).

An emergency meeting of the Arab League kicked off in the Egyptian capital Cairo on Wednesday to discuss Israel’s ongoing…

Egypt’s President Abdel Fattah El-Sisi and Jordan’s King Abdullah, in a meeting in Amman on Tuesday, reiterated the urgent need…

Egypt’s President Abdel Fattah El-Sisi was sworn in on Tuesday for his third term as leader of the Arab world’s…

“The next review will be the third review under the EFF and is expected to take place on a quarterly cycle, meaning that we would expect it to be completed and considered by the IMF Executive Board by end-June 2024,” Hollar stated

At the outset, Prime Minister Madbouly reiterated his commitment to expediting the customs clearance process for goods awaiting release at various Egyptian ports

Egyptian President Abdel Fattah al-Sisi was sworn in for his third term on Tuesday in the country’s new capital, the largest of the mega-projects that have come to symbolise his rule while stretching the country’s finances.

Egyptian Minister of Trade and Industry Ahmed Samir has met with a delegation from Elaraby Group. The group specializes in manufacturing home appliances and is headed by Mohamed Mahmoud Elaraby, the CEO, and Mohamed Abd Elgayed Elaraby, a member of the Executive Board and Head of Operations. During the meeting, they discussed the company’s current and future investment plans for expanding into the Egyptian market.

GASC has said that it is still reviewing offers on Monday and traders said more purchases could be expected

Moreover, the minister noted that EGP 1.6 billion were paid instantly within the initiatives related to the tax liabilities account