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Egyptian Prime Minister Mostafa Madbouly and Palestinian Prime Minister Mohammad Mustafa met to discuss efforts to uphold the Gaza ceasefire and advance reconstruction. They emphasized the importance of the ceasefire …
Egypt and Palestine Discuss Ceasefire and Gaza Reconstruction Initiatives Read More
Prime Minister Mostafa Madbouly denied rumors about the sale of Banque du Caire for $1 billion. He highlighted the government’s public offering program and mentioned that due diligence for the …
Prime Minister Madbouly Denies Banque du Caire Sale Rumors Read More
Egypt recorded a primary surplus of EGP 330 billion in H1 2024/25, driven by a 38.4% increase in tax revenues, the government emphasized fiscal discipline, increased spending on healthcare and …
Egypt Achieves EGP 330 Billion Primary Surplus in H1 2024/25, Showcasing Financial Strength Read More
Egypt reported a record primary surplus of approximately LE 330 billion and a 38.4 percent increase in tax revenues from July 2024 to February 2025. Social spending rose by 44 …
Egypt Reports Record Surplus and Increased Social Spending Amid Fiscal Growth Read More
Emirates NBD has received approval to conduct due diligence on acquiring Banque du Caire, valued at over USD 1 billion. The acquisition is part of Egypt’s strategy to privatize state …
Emirates NBD Moves to Acquire Stake in Banque du Caire Amid Economic Reforms Read More
Egyptian Prime Minister Mostafa Madbouly met with Palestinian PM Mohammad Mustafa to discuss plans for Gaza’s recovery and reconstruction. Madbouly reaffirmed Egypt’s support for Palestinian rights, and they coordinated efforts …
Egyptian and Palestinian Leaders Discuss Gaza Reconstruction Initiatives Read More
Egypt has announced a $4 billion social support package aimed at aiding vulnerable households as Ramadan approaches. Key features of the package include a 16% increase in the minimum wage …
Egypt Introduces $4 Billion Support Package Ahead of Ramadan Read More
Egypt is increasing public sector minimum wages to EGP 7,000 per month, part of a larger EGP 200 billion social support package unveiled by Prime Minister Mostafa Madbouly. The package …
Egypt Introduces Substantial Social Package with Wage Increases Read More
Climate change significantly jeopardizes Egypt’s agricultural sector, threatening water resources essential for food production, particularly due to its desert climate and reliance on the Nile. Research indicates declines in crop …
The Impact of Climate Change on Egypt’s Food Security and Agricultural Sector Read More