Latest News for: Egypt economics

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IMF Revises Russia's 2024 Growth Forecast Upward

MENA FN 26 Apr 2024
(MENAFN - Daily News Egypt) The International Monetary Fund (IMF) has upgraded its forecast for Russia's economic growth in 2024, predicting a 3.2% increase in GDP. This revision, announced in its ... .
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Tunisian Forum Calls For School Infrastructure Upgrades To Address Inequalitypen_Spark

MENA FN 26 Apr 2024
(MENAFN - Daily News Egypt) The Tunisian Forum for Economic and Social Rights (FTDS) is urging the government to address inequalities in public school infrastructure, particularly in the ... .
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Arab Republic of Egypt: First and Second Reviews Under the Extended Arrangement Under the Extended ...

International Monetary Fund 26 Apr 2024
The IMF Executive Board approved a 46-month USD 3 billion Extended Fund Facility (EFF) arrangement for Egypt in December 2022. The EFF-supported program aims to safeguard economic stability, restore ...
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Feature: Century-old Suez Canal bears witness to vicissitudes of Egyptians being trapped and salvaged

Xinhua 25 Apr 2024
In the desert less than 50 km south of the Suez Canal, the China-Egypt TEDA Suez Economic and Trade Cooperation Zone has attracted more than 140 companies spanning a range of sectors including new ...
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Egypt to set up 'investment free zone' in Ras al-Hekma

The New Arab 25 Apr 2024
The Egypt-UAE deal is intended to bolster economic growth and address Egypt's months-long hard currency crisis ... The UAE will develop the airport, and Egypt will receive a share of the generated revenues as per the multi-billion-dollar deal.
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Egypt records eventful first quarter | kuwaittimes

Kuwait Times 25 Apr 2024
Egypt records eventful first quarter - ...
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Palace Museum exhibitions show civilizations don't necessarily clash

China Daily 25 Apr 2024
The exhibitions are being held only because of dramatically changing geopolitical and economic relationships ... New economic zones (such as Oman's Duqm Special Economic Zone and Egypt's Suez Canal Economic Zone) are stirring economic activity.
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‘There is a risk our Europe could die': France's President Emmanuel Macron warns EU nations

Hindustan Times 25 Apr 2024
... University in Paris, warning that military, economic and other pressures could weaken and fragment the 27-nation EU ... France, Egypt, Jordan warn Israel against Rafah assault ECONOMIC CHALLENGES.
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What we know about the protests erupting on college campuses across America

CNN 25 Apr 2024
Shafik is an Egypt-born academic and economic policy expert who has been president of the Ivy League university since July 2023. Shafik’s family fled Egypt in the 1960s, when the country was in the ...
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Chaired by Mohammed bin Rashid, UAE Cabinet allocates AED2 billion to address damage to citizens’ home

The Gulf Time 25 Apr 2024
In foreign affairs, the Cabinet ratified during the meeting four international agreements between the UAE and other countries, including an agreement with Egypt on deporting individuals sentenced to a ...
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Why Egypt has been missing in action during the Gaza war

The New Arab 24 Apr 2024
"Inflows of foreign funding critical to staving off a complete economic collapse have made Egypt more reliant on the will of international Western powers and curtailed its ability to act regarding Israel's war" ... Egypt's economic crisis.
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Optimism persists despite high inflation rates in Egypt’s financial markets: Experts

Daily News Egypt 24 Apr 2024
These developments bolstered Egypt’s credit rating and economic prospects, as evidenced by a reduction in bond interest rates from 32% to 26% ... Despite a stable exchange rate, Egypt often experiences unexpected surges in inflation.
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Egypt to establish $160M sodium cyanide factory with Austria, Czechia

Egypt Today 24 Apr 2024
Additionally, Egypt's network of free trade agreements with various countries and economic blocs would enable the project's products to enter multiple markets without incurring customs duties.
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China encourages Egyptian firms to participate in CIIE 2024

Daily News Egypt 24 Apr 2024
“The CIIE is the first of its kind in the world,” said Chinese Ambassador to Egypt Zhang Chaoyang, emphasizing China’s commitment to global economic openness ... between China and Egypt.
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Chinese textile alliance explores $300m integrated textile city in Egypt

Egypt Today 24 Apr 2024
Heiba emphasized Egypt's commitment to attracting more Chinese companies, particularly in the textile sector, acknowledging the sector's importance for economic growth and development.
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