| 10/10/2023 - The International Monetary Fund lowered its growth forecast for the Egyptian economy during the current fiscal year 2023-2024 to 3.6 percent, compared to its previous estimates of 4.1 percent. ... |
| 10/10/2023 - Banks across Egypt have suspended debit cards in Egyptian pounds abroad to stop the drain of foreign currencies. A large number of direct debit card holders recently used their cards for la... |
| 10/10/2023 - Strengthening the resilience of Africa, a crossroad between Europe and the rest of the world, is at the heart of discussions in the annual meetings of the International Monetary Fund (IMF) and the Wor... |
| 10/10/2023 - Egypt’s annual headline inflation decelerated in September to 38 percent, down from 39.7 percent in August, the Central Agency for Public Mobilization and Statistics (CAPMAS) said on Tuesday. ... |
| 10/11/2023 - Minister of Military Production Mohamed Salah Eddin underlined that the 2023-2024 FY proposed budget of the ministry's affiliated companies and units to focus on increasing contribution to implementin... |
| 10/11/2023 - Egyptian exports have witnessed remarkable developments in the last ten years, which led to the total value of Egyptian exports reaching about 311.7 billion dollars during the past 10 years, according... |
| 10/11/2023 - Major credit rating agency Moody’s downgraded the ratings of five key Egyptian state-owned and private banks to CAA1 and B3. Moody’s downgraded the state-owned National Bank of Egypt (NBE),... |
| 10/11/2023 - Egypt has seen tremendous growth in the agricultural sector over the past 60 years. The sector contributes nearly 11 percent of GDP and 18 percent of export earnings. It also employs 20 pe... |
| 10/11/2023 - Egypt and the UAE shared the second place spot for value of ongoing real estate projects in the Middle East and North Africa (MENA) region in the first half (H1) of 2023, with both countries having $5... |
| 10/11/2023 - United States Treasury Secretary Janet Yellen says the war between Israel and Hamas poses “additional concerns” to the American economy, but she still expects inflation can be contained without causin... |
| 10/15/2023 - The European Bank for Reconstruction and Development (EBRD) is to grant a €165 million loan to Egypt to finance the upgrade of the electricity transmission grid, a venture that is also aimed at reduci... |
| 10/15/2023 - The International Monetary Fund (IMF) will announce the dates for the first and second reviews of Egypt’s economic reform programme by the end of October, Minister of Finance Mohamed Maait stated. ... |
| 10/15/2023 - Egypt is actively working to enhance its social protection system, aiming for greater flexibility, inclusivity, and sustainability, according to Minister of Finance Mohamed Maait, speaking at the Inte... |
| 10/15/2023 - The Korean investments in Egypt exceeded $800 million, while the bilateral trade recorded $3.2 million during 2022, said the Ambassador of South Korea to Egypt Kim Yonghyon. The Korean emba... |
| 10/16/2023 - Egypt’s Ministry of Supply and Internal Trade announced it has purchased 250,000 tons of rice to support Egypt’s strategic rice reserves for six months, read a ministry statement. The deliv... |
| 10/16/2023 - Minister of Finance, Mohamed Maait, affirmed that the Egyptian government continues its path of structural reforms by adopting balanced policies that consider the social dimension. These po... |
| 10/16/2023 - Egyptian Prime Minister Mostafa Madbouli arrived in Beijing to take part in the third Belt and Road Forum (3 BRF) for International Co-operation on behalf of President Abdel Fattah El Sisi. ... |
| 10/16/2023 - Egypt issued on Monday the first sustainable Panda bonds in the Middle East and North Africa at ¥3.5 billion ($500 million) with a yield of 3.5 percent over three years, according to a statement by th... |
| 10/16/2023 - Turkish ready-made clothes and textiles companies are planning to open new factories and stores in Egypt in the coming period, top business executives stated in a meeting with Egyptian Minister of Tra... |
| 10/22/2023 - Global gold mining company Centamin announced a plan to increase the production of Egypt's Sukari mine by 14.74 percent to 506,000 ounces (more than 15.81 tons) for the next nine years ending 2032 fro... |
