Egypt

Egypt moves closer to its wheat supply goal after purchasing 4.7 million tons.

Egypt Achieves Significant Wheat Supply Milestone Government Reports Record Purchases Ahmed Azaam, the head of the Directorate Affairs and Cooperatives…

1 week ago

Egypt increases allocations for bread and commodity subsidies to 160 billion EGP.

Egypt Increases Bread and Commodity Subsidies to 160 Billion EGP Official data from Egypt's Ministry of Supply and Internal Trade…

1 week ago

Egypt welcomes the U.S.-Iran agreement as a step towards regional stability.

Egypt Welcomes US-Iran Agreement as a Step Towards Regional Stability The Arab Republic of Egypt has expressed its support for…

2 weeks ago

Egypt’s Local Wheat Purchases Reach 3.3 Million Tons Amid Economic Strategies

The Egyptian government has significantly increased its local wheat purchases to 3.3 million tons this supply season, aiming to boost…

1 month ago

Central Bank of Egypt Adjusts Inflation and Growth Forecasts Amid Economic Challenges

The Central Bank of Egypt has updated its inflation and growth forecasts, anticipating higher inflation rates and lower economic growth…

2 months ago

Egypt Set to Receive $300 Million from Asian Infrastructure Investment Bank

Egypt is poised to secure $300 million from the Asian Infrastructure Investment Bank to bolster its external financing needs. This…

2 months ago

Egypt Enters Strategic Partnership to Expand Nagaa Hammadi Aluminum Complex with $900 Million Investment

The Egyptian government has signed a pivotal agreement with Trafigura to expand the aluminum complex in Nagaa Hammadi, marking a…

2 months ago

Egypt Anticipates 99.8 Billion EGP in Savings from Recent Fuel Price Increases

The Egyptian Ministry of Finance projects that recent fuel price hikes will lead to savings of approximately 99.8 billion EGP…

2 months ago

Egypt Forecasts 99.8 Billion EGP Savings from Upcoming Fuel Price Increases

The Egyptian Ministry of Finance projects significant savings of approximately 99.8 billion EGP resulting from fuel price increases in the…

2 months ago

Egypt calls for moving to the second phase of the U.S. peace plan and reaffirms its support for the reconstruction of Gaza.

Egypt Calls for Transition to Second Phase of U.S. Peace Plan Minister Emphasizes Political, Humanitarian, and Developmental Aspects Dr. Badr…

8 months ago