Economic Update - Developments The Resurrection Committee of the Egyptian Stock Exchange has approved the removal of Ezz Steel Company's shares, which have a capital of 2.71 billion pounds, distributed
Economic Update: IMF Review of Egypt's Economic Reform Program The International Monetary Fund (IMF) announced on Tuesday that its Executive Council has continued the fourth review of Egypt's Economic Reform
Economic Overview - Update Misr City Company, which is publicly traded on the Egyptian Stock Exchange, reported total revenues of 8.2 billion pounds for the fiscal year 2024, with a
Egyptian Government Announces New Oil Disclosure in the Mediterranean The Egyptian government has recently revealed a significant oil discovery in the Mediterranean region, which is poised to enhance the nation’s
The Egyptian Government Unveils New Oil Exploration Initiative in the Mediterranean The Egyptian government has recently announced a significant disclosure regarding oil exploration activities in the Mediterranean region. This initiative
Egypt Looks Forward: What’s the Story Behind Cooperation with Iraq? Egypt is set to enhance its economic collaboration with Iraq, signaling a significant uptick in bilateral trade and investment. This
Economy News - Follow-up Recent data from the Central Bank of Egypt indicates a significant increase in the nation's net foreign assets, which surged by $2.74 billion. This uptick appears
Economic Update: Strategic Sugar Reserves in Egypt In a recent announcement, Egyptian Minister of Supply Sherif Farouk stated that the country’s strategic sugar reserves are sufficient to meet demand for
Iraq Leads Arab Nations in Gold Purchases for 2024 Iraq has emerged as the leading Arab nation in gold acquisition, according to recent data from the World Gold Council. The
Doubling of Remittances Boosts Egypt’s Economy The Central Bank of Egypt has reported a significant increase in the remittances sent by workers abroad, with figures reaching $3.2 billion in December