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Al-Ahram Weekly - Egypt
6/13/2024 9:16:00 AM
Egypt’s efforts to end the war in Gaza continue in the face of Israel’s determination to slaughter ever greater numbers of innocent civilians.

Business - Economy
6/12/2024 12:54:08 PM
​The World Bank maintained its projections for Egypt’s real GDP growth in both 2024 and 2025 at 2.8 percent and 4.2 percent, respectively, compared to the last projections released in April, according to the Global Economic Prospects report released on Tuesday.

Business - Economy
6/11/2024 2:22:36 PM
The repurposing project of the iconic Tahrir Complex building (or Mogamma El-Tahrir) in Down Town is anticipated to conclude in 2024 after 31 months of work, according to Board Member of the National Organization of Urban Harmony (NOUH) Soheir Hawas.

Business - Tech
6/10/2024 9:31:48 PM
Smart issuing and payment processing warehouse MDP plans to inject new investments worth $2 million into the Egyptian market to purchase three new production lines, increasing the total to 15, Ahmed Nafie, CEO of the company, told Ahram Online.

Business - Economy
6/10/2024 8:11:51 PM
Egypt is a regional hub for the Middle East and Africa, given its unique location and dry ports, said Dilma Rousseff, the president of the BRICS’ financial arm, the New Develoment Bank (NDB).

Business - Economy
6/10/2024 3:03:17 PM
Egypt’s New Administrative Capital is set to host the inaugural seminar of the New Development Bank (NDB), the bank of the BRICs bloc, in collaboration with Egypt’s Ministry of International Cooperation, scheduled for 11-12 June under the theme "Navigating New Horizons."

Business - Economy
6/10/2024 12:29:43 PM
Egypt's annual headline inflation rate has maintained its downturn trend for the third consecutive month, dropping to 27.4 percent in May from 31.8 percent in April, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Monday.

Egypt - Health
6/9/2024 1:22:29 PM
Egypt is keen to support the Africa Centres for Disease Control and Prevention initiative, which aims to establish a continental platform for dialogue on mechanisms for innovative financing of the health sector in Africa, Minister of Finance Mohamed Maait said Sunday in a statement.

Business - Economy
6/7/2024 7:36:38 PM
The private sector should be a key partner to the governments in Africa, in general, and in North Africa, in particular, to accelerate the digital transformation process, boost the continent’s innovation, and adopt the cutting-edge technologies now dominating the world, stressed Trixie LohMirmand, CEO of KAOUN International and Executive Vice President of Dubai World Trade Centre (DWTC).

Business - Economy
6/7/2024 1:36:25 AM
The International Monetary Fund (IMF) has reached a staff-level agreement on the completion of the third review of the Extended Fund Facility (EFF) loan agreement, the fund said in a statement on Thursday.

Business - Economy
6/6/2024 5:43:19 PM
Egypt's New Administrative Capital will host the New Development Bank's (NDB) first international forum outside the BRICS countries on 11-12 June, under the patronage of President Abdel-Fattah El-Sisi.

Business - Economy
6/6/2024 2:23:23 PM
The Central Bank of Egypt (CBE) hosted a delegation from the Central Bank of Kenya (CBK) with the aim of leveraging Egypt's expertise in establishing and operating the Instant Payment Network (IPN) and the InstaPay application, the CBE said Thursday in a statement.

Business - Economy
6/6/2024 1:02:56 PM
The Korea International Cooperation Agency (KOICA) and the Egyptian Agency of Partnership for Development (EAPD) have signed a memorandum of understanding (MoU) to establish a strategic partnership on triangular cooperation to promote sustainable development in African countries, KOICA said Thursday in a statement.

Business - Economy
6/5/2024 2:08:35 PM
Egypt has made remarkable progress in transparency, disclosure, and citizen participation in its budget, according to the 2023 Open Budget Survey by the International Partnership for Budget Responsibility (IPBR), the Ministry of Finance said in a statement on Wednesday.

Business - Economy
6/5/2024 12:36:01 PM
Egypt's Purchasing Managers' Index (PMI) for the non-oil private sector reached 49.6 in May, up from 47.4 in April and the highest level since August 2021, according to latest data from S&P Global.

Business - Economy
6/4/2024 10:46:38 PM
Egypt’s House of Representatives has approved the budget plan for the upcoming fiscal year (FY) 2024/2025 with a value exceeding EGP 3 trillion, the Ministry of Finance announced Tuesday.

Business - Tech
6/4/2024 4:38:03 PM
Vodafone Egypt announced on Tuesday the launch of the world’s first triple-band mobile radio unit, which can combine the 1800 MHz, 2100 FDD, and 2600 TDD frequency bands operating in Egypt into one single radio unit.

Business - Economy
6/4/2024 3:33:48 PM
Egypt’s net international reserves (NIRs) hit its highest point in more than four years (50 months) to reach $46.1 billion in May, up from $41 billion in April, the Central Bank of Egypt revealed on Tuesday.

Business - Tech
6/1/2024 1:15:20 PM
The second edition of the GITEX AFRICA, the largest startups and tech show in the continent, concluded in Marrakech on Friday after three days of discussions on the AI solutions needed for Africa drive digital transformation and economic growth.

Business - Economy
5/31/2024 2:51:08 PM
​The UK-based multinational Standard Chartered Bank, which officially initiated its banking operations in Egypt in January, organised a roundtable in Cairo this week to showcase its insights on the Egyptian economy in light of the ongoing regional tensions.

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