- 5 December, 2025
IMF Approves $1.2 Billion Loan Tranche to Egypt, Urges Reform
The IMF provided Egypt with $1.2 billion under its fourth disbursement cycle of an $8 billion extended fund facility program. It now has received almost
Egypt Poised for Chemical Sector Boom with $10 Billion Export Goal
Egypt’s chemical industry experiences strong growth because its leaders want to increase foreign sales to $10 billion by late 2025. Current industrial output produces 3%
Egypt Secures $60 Million Investment from China to Strengthen Industrial Growth
Egypt will soon receive a significant boost in foreign investment as ten Chinese investors are on the verge of opening small and medium-sized industrial projects
Egypt’s Inflation Rate Drops to 12.8% in February
The price inflation rate in Egyptian cities decreased to 12.8% in February from 24% in January as the nation achieved an important economic advancement. The
New Renewable Projects: Egypt Targets $2 Billion Private Sector Investments
Under the direction of Ashraq Business, a government official reports Egypt requires $2 billion worth of private sector investments for renewable power projects during the
Egypt’s Gaza Reconstruction Plan Ready for Presentation at Arab Summit
Egypt said its reconstruction plan for Gaza, designed to keep Palestinians in their homeland, is ready to be presented. The plan will be debated at
Egypt Ramps Up Gas Development to Cut Import Reliance
The Ministry of Petroleum in Egypt has been following a fast-tracking approach to develop energy wells since Minister Karim Badawi confirmed his ministry’s plan. The
Eight Still Missing After Tourist Dive Boat Sinks in Egypt’s Red Sea
The Egyptian authorities keep looking for eight individuals who were lost when a deluxe diving boat tipped over in the Red Sea on Monday morning.
Symrise Signs Major Land Deal in Egypt’s Giza Industrial Complex for Regional Expansion
Symrise has gained possession of a 30,000-square-meter tract of land in the advanced e2 industrial complex of Giza to enhance its market presence in Africa
IMF Reaffirms Support for Egypt’s Economic Reforms
During the AlUla Conference Managing Director Kristalina Georgieva affirmed that the IMF remains committed to assisting Egypt’s economic reforms. During the AlUla occasion Georgieva explained