The Central Bank of Egypt (CBE) announced a significant surge in remittances from Egyptians working abroad, which reached $20 billion during the first seven months of FY2024/2025, compared to ...

Suez Canal revenues saw a sharp decline of 61% in 2024, falling to $3.9 billion compared to $10.2 billion in 2023, according to Osama Rabie, Chairman of the Suez Canal Authority (SCA). The ...

Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, announced that public investments allocated to Egypt’s Information and Communications Technology (ICT) ...

Egypt’s Holding Company for Maritime and Land Transport signed a Memorandum of understanding) MoU(with Elsewedy Electric to establish a $500 million subsea cable factory in the newly designated ...

The Instant Payment Network has announced the rollout of a new fee structure for its services, including those offered through its mobile application, InstaPay, effective April 1, 2025. This move ...

Egypt achieved highest-ever primary surplus, reaching EGP 170 billion during FY2024/2025, according to a statement released by the Egyptian Cabinet. This marks a significant improvement compared to ...

Egypt's non-oil private sector experienced its first contraction of 2025 in March, marking a significant downturn in business conditions. The latest data from the S&P Global Egypt Purchasing Managers’ ...

Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, announced that the trade volume between Egypt and the United Kingdom reached £4.7 billion in 2024.

Trade relations between Egypt and France continued to strengthen in 2024, with the total volume of trade reaching $2.9 billion, up from $2.5 billion in 2023, according to data from the Central Agency ...

Egypt has signed an advisory services agreement between the Egyptian government and the International Finance Corporation (IFC), the private sector arm of the World Bank, aimed at expanding private ...

A recent report by Jefferies Investment Bank, a leading firm in shipping statistics, reported that based on Automatic Identification System (AIS) tracking, approximately 200 commercial shipping ...