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Business
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Economy
2/27/2024 3:01:39 PM
European Investment Bank (EIB) President Nadia Calviño welcomed on Tuesday Egypt's Minister of International Cooperation Rania Al-Mashat to the EIB's headquarters in Luxembourg for a meeting on strengthening economic cooperation.
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Business
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Economy
2/20/2024 5:45:18 PM
Egypt's commodity exports witnessed substantial growth in January, surpassing $3 billion, a significant rise from the $2.8 billion recorded in January 2023, resulting in a decline in trade deficit, Minister of Trade and Industry Ahmed Samir said on Tuesday.
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Business
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Economy
2/19/2024 2:28:57 PM
Egypt has recently launched the Blue Economy Roadmap, a collaborative effort with CEDARE, UNEP, and the EU, to promote sustainable marine practices and foster economic growth.
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World
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War in Ukraine
2/19/2024 10:24:32 AM
Japan is hosting a conference for Japanese and Ukrainian officials to discuss the reconstruction of Ukraine just ahead of the second anniversary of Russia’s invasion, while the U.S. and other Western countries are still focusing on military aid for the battlefield. Hundreds of senior officials and executives are attending the Japan-Ukraine Conference for the Promotion of Economic Growth and Reconstruction in Tokyo. AP explains the event, its purpose, who's attending, and the projects being discussed.
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Advertising
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Sponsored
2/17/2024 5:47:00 PM
Misr Italia Properties Surpasses 2023 Sales Target with Total Contractual Sales Soaring to EGP 16.1bn, Achieving a 46% Growth with Total Pumped Investments of EGP 2.1bn
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Opinion
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2/11/2024 5:11:41 PM
The economic relationship between Egypt and the EU has never been stronger. Bilateral trade quadrupled from €8.6 billion to €37.2 billion over the last twenty years, and the EU accounts for 22% of Egypt’s overall trade flows.
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Business
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Economy
2/7/2024 8:59:29 PM
The foreign exchange shortage that Egypt has been facing for over two years is currently a key challenge for the Egyptian economy, especially the industrial sector - a challenge that could erode all the actions taken by the country to attain economic growth.
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Business
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Economy
2/5/2024 6:46:12 PM
After three years of exceptional sales growth, McDonald's appears to be returning to Earth.
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Business
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Economy
2/5/2024 3:17:27 PM
The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed a risk, with disruptions in Red Sea shipping threatening to increase consumer prices.
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Business
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Energy
2/4/2024 8:08:48 PM
European countries show growing interest in Egypt's significant potential in renewable energy. Hence, Egypt can play a crucial role in supplying European markets with renewable electricity, contributing to environmental improvement, creating new job opportunities, and boosting economic growth and trade.
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Business
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Economy
2/1/2024 12:28:44 PM
The global economy is expected to grow by 3.1 percent in 2024 and edge slightly higher to 3.2 percent in 2025, with projections indicating a moderate growth trajectory and a gradual easing of inflationary pressures over the next couple of years, according to the International Monetary Fund’s 2024 World Economic Outlook Report.
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Business
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Economy
1/31/2024 6:55:56 PM
Jihad Azour, director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), told Ahram Online that Egypt's GDP growth rate could increase by 5-6 percent if the government allows the private sector to play a leading role in Egypt's economy and reconsiders the role of the public sector.
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Business
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Economy
1/31/2024 6:23:01 PM
I have been privileged throughout my career to meet many entrepreneurs; and their boundless energy and passion to innovate never fails to amaze me.
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Business
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Economy
1/31/2024 3:28:49 PM
As Egypt is facing a tough economic situation, various global economic institutions have given different projections for Egypt's real GDP growth in 2024.
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Business
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Economy
1/31/2024 3:27:59 PM
Standard Chartered Egypt CEO Mohammed Gad revealed exclusively to Ahram Online (AO) the bank’s plans for the Egyptian market and how it perceives Egypt’s economic climate in general and the banking sector system in particular.
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Business
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Economy
1/30/2024 6:21:03 PM
Egypt’s real GDP growth is expected to recover, reaching 4.7 percent, in the upcoming fiscal year (FY) 2024/2025, backed by the financing and policy package set by the International Monetary Fund (IMF), Daniel Leigh, a division chief at the IMF’s Research Department, told Ahram Online (AO).
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Business
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Economy
1/30/2024 3:06:10 PM
The International Monetary Fund (IMF) has downgraded its forecasts for Egypt’s real GDP growth in the current FY2023/2024 to three percent, down from the 3.6 percent it projected in October, according to the updated World Economic Outlook (WEO) report released on Tuesday.
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Business
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Tech
1/29/2024 6:20:13 PM
Egypt has promising potential for entrepreneurship and the growth and expansion of big corporations, Karim Khorshed, co-founder and CEO of the Egyptian omnichannel communications provider CEQUENS, told Ahram Online on the sidelines of a press conference the company held Monday.
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Business
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Economy
1/17/2024 1:30:30 PM
Egypt’s outsourcing industry is poised to witness further growth during the coming period supported by government extensive efforts, said Ahmed El-Zaher, CEO of Information Technology Industry Development Agency (ITIDA).
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Business
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Economy
1/17/2024 12:05:46 PM
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