Libya Devalues Currency by 13.33%
(3 Minutes Read)
This marks the first official devaluation of the currency since 2020, when the rate was 4.48 to the dollar. Meanwhile, the dinar...
Egypt’s Non-Oil Sector Contracts
(3 Minutes Read)
The headline PMI, which measures business activity across the non-oil private sector, fell to 49.2 in March from 50.1 in February, signaling...
Egypt’s Foreign Trade & Finance Ministry to Jointly Implement 29 JVs
(3 Minutes Read)
These measures aim to develop the customs clearance system, enhance inspection efficiency, and facilitate trade movement. The ultimate goal is to reduce...
Digital Morocco 2030: Russia Seeks to Empower through Partnership
(3 Minutes Read)
Russia has shown interest in establishing a strategic partnership with Morocco to aid in the implementation of “Digital Morocco 2030,” a national...
Egypt’s Net Foreign Exchange Improves
(3 Minutes Read)
The rise in foreign assets was partly driven by the successful sale of USD2 billion in international bonds on January 29, which...
Egypt to Give Additional Incentives to Taxpayers
(3 Minutes Read)
In an open discussion at the Small Enterprises Union with heads of investors' associations from various governorates, the minister explained that registered...
Egypt Gets USD 1.2 Billion Under EFF Facility of IMF
(3 Minutes Read)
The IMF board approved Egypt's request for an arrangement under the Resilience and Sustainability Facility (RSF), granting access to about USD 1.3...
Egypt Receives USD 4.3 Billion Loan Approval from European Union
(3 Minutes Read)
The European Parliament has recently approved a substantial financial assistance package for Egypt, totaling USD 4.3 billion. This funding aims to bolster...
Rosatom Engineers Finalise Reactor Core for Egypt’s Maiden Nuclear Power Plant
(3 Minutes Read)
Russian engineers have completed a crucial phase in the construction of Egypt’s first nuclear power plant, finalizing the welding of the reactor...
Arab Union Construction Company Complains about Presence of Armed Groups in Front of Factory
(2 Minutes Read)
The call for government intervention by Zliten Municipality comes on the back of an arrest order issued by the Attorney General to...
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