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Business
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Economy
10/8/2023 5:16:00 PM
Egypt’s trade deficit declined by 23.59 percent during the fiscal year 2022/2023, primarily due to a significant decline in non-oil imports, according to data released by the Central Bank of Egypt (CBE).
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Business
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Economy
9/25/2023 10:20:22 AM
Four months after barely avoiding a catastrophic default, the world's largest economy is once again on the verge of a major fiscal crisis.
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Business
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Economy
9/24/2023 2:55:39 PM
Egypt has revised up its projected total investments in oil and natural gas to $9 billion (EGP 277 billion) during the fiscal year 2023/24, according to Minister of Petroleum and Mineral Resources Tarek El-Molla.
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Egypt
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Foreign Affairs
9/23/2023 5:27:37 PM
After Kyiv announced sending 17,600 tons of grain to Egypt, Moscow said it had delivered more than eight million tons of wheat to Egypt over the past fiscal year.
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Business
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Economy
9/20/2023 10:31:05 PM
Egypt has increased its economic growth rate target for the fiscal year (FY) 2023/2024 to 4.4 percent from the previously targeted 4.1 percent, said Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), on Wednesday.
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Business
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Economy
9/18/2023 2:22:19 PM
Gas production in the giant offshore Zohr field went down by 11 percent in fiscal year 2022/2023, Egypt's Petroleum and Mineral Resources Ministry stated on Monday.
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World
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Region
9/18/2023 9:55:00 AM
Israel's restrictions and rising fiscal constraints in the Palestinian territories are severely impacting the economic conditions of Palestinians and hindering their access to timely life-saving healthcare, the World Bank said Monday.
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Business
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Economy
9/13/2023 7:44:04 PM
The cost of annual food subsidies in Egypt has reached EGP 127.7 billion ($4.13 billion) for the fiscal year (FY) 2023/2024, said Minister of Supply and Internal Trade Ali Moselhi, according to a statement on Wednesday.
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Business
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Economy
9/9/2023 10:18:06 PM
Egypt has paid $52 billion of its foreign liabilities within the past two fiscal years (2021-22 and 2022-23), Finance Minister Mohamed Maait said on Saturday.
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World
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International
9/8/2023 3:01:29 PM
Japan’s prime minister said that China’s blanket ban on Japanese seafood in reaction to the release of treated radioactive water from a tsunami-ravaged nuclear power plant contrasts starkly with broad understanding shown by many other members of the international community.
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Al-Ahram Weekly
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Entre nous
9/5/2023 10:42:10 PM
Rich in fruit, vegetables, whole grains, olive oil, fish and legumes as well as minimal amounts of red meat, highly processed and fried food, the Mediterranean diet has long been linked with improved health
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Al-Ahram Weekly
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Economy
9/2/2023 9:40:00 AM
In spite of the economic, fiscal, and financial reforms that the country has embarked on since signing the loan deal with the International Monetary Fund (IMF) in October last year, Egypt is still muddling through a myriad of economic challenges.
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World
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International
8/30/2023 8:47:05 PM
Japan's prime minister ate what he called "safe and delicious" fish from Fukushima on Wednesday, days after wastewater was released from the area's crippled nuclear plant into the Pacific.
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Business
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Economy
8/30/2023 1:50:37 PM
Egypt is looking forward to expanding the cooperation portfolio with the Asian Infrastructure Investment Bank (AIIB) to $40 billion covering 220 projects, said Ahmed Kouchouk, Vice Minister of Finance for Fiscal Policies and Institutional Reform, according to a statement on Tuesday.
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World
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Region
8/27/2023 7:02:08 PM
Israeli naval vessels escalated their attacks against Palestinian fishing boats off the northern coast of the Gaza Strip on Sunday, according to the Palestinian News Agency (WAFA).
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World
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International
8/26/2023 1:31:31 PM
Fish auction prices at a port south of the Fukushima Daiichi nuclear power plant were mixed Friday amid uncertainty over how seafood consumers will respond to the release of treated and diluted radioactive wastewater into the ocean.
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World
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International
8/21/2023 11:02:39 AM
Japanese government officials sought understanding from fisheries groups Monday for the impending release of treated radioactive wastewater from the wrecked Fukushima nuclear plant into the sea and pledged to support their livelihoods throughout the process that will take decades.
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Business
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Economy
8/20/2023 2:09:59 PM
The Egyptian government has increased allocations to special funds and accounts in governorates, except for Cairo, by 32 percent for the fiscal year 2023/2024, in order to make payroll for state employees, Minister of Finance Mohamed Maait said Sunday.
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World
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International
8/17/2023 4:55:35 PM
More than 60 migrants are feared dead after a Spanish fishing vessel rescued a boat off the Atlantic archipelago of Cape Verde that originally had more than 100 people aboard, authorities and migrant advocates said Thursday.
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Business
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Economy
8/10/2023 4:01:25 PM
Egypt has lowered its estimates for the debt-to-GDP ratio to 95.6 percent for the fiscal year 2022/2023, down from 97 percent, Minister of Finance Mohamed Maait stated, according to a Cabinet statement on Thursday.
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