In an official statement released today, the Bank revealed that remittances in January alone soared by 83.2%, reaching around $2.9 billion, up from $1.6 billion in January of the previous year. This ...

With four Egyptians listed among the Top Venture Capitalists (VC) in the region according to Forbes ME, Egypt maintains its upward trajectory in strength and presence on the regional VC stage. “MENA’s ...

Ahmed Fahmy, Presidential Spokesperson, stated that the Supreme Investment Council approved 22 decisions today. He ...

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania A. Al-Mashat, met with Minister of Education and Technical Education, Mohamed Abdel-Latif, to discuss critical ...

With a goal to maintain Egyptian ready-to-wear clothing’s exports and reputation in global markets, the Readymade Garments Export Council of Egypt (RMGEC) has been working to increase exports during ...

UfM’s Andrea Tinagli on unlocking concessional finance, Egypt’s expanding pipeline, and why the country is pivotal in the Mediterranean’s sustainable transition.

Egypt’s pharmaceutical sector recorded a 42% year-on-year growth in 2024, with total local sales reaching EGP 292 billion, according to Ibnsina Pharma, citing IQVIA reports. This surge was primarily ...

Private equity (PE) activity across the MENA region continued its downward trend in the first half of 2025, with investors shifting toward fewer, larger-scale deals. The number of PE transactions ...

Prime Minister, Mostafa Madbouly, announced that Egypt plans to begin the delivery and operation of the first reactor at the El-Dabaa Nuclear Power Plant in the second half of 2028, with the remaining ...

We sat down with Hassan Ghanem, Chairman and Managing Director of Housing and Development Bank (HDB), where he got to share his opinions on Egypt’s economic reform program and elaborate on the bank’s ...

Macro Group Pharmaceuticals announced it has decided to postpone its initial public offering (IPO) on the Egyptian Exchange (EGX), despite high demand from international institutional investors in a ...

The International Monetary Fund (IMF) projected that the Suez Canal’s revenues will increase by 88.9%, rising from an expected $6.3 billion in FY2025/2026 to $11.9 billion by FY2029/2030, according to ...