Tag: Egypt economy

EU completes $5.6 billion Egypt funding program with new $1.7 billion payment

EU funding for Egypt rises to $5.6 billion as a new $1.7 billion payment backs economic reforms, stability and IMF-linked measures.

Timilehin Adejumobi July 25, 2026

Business Hot News

Egypt’s small Businesses get $7 million boost from MSMEDA, Tamweely deal

Egypt small businesses financing receives a $7 million boost as MSMEDA and Tamweely expand microfinance access for entrepreneurs.

Timilehin Adejumobi July 8, 2026

Global News Hot News

Egypt asset sales clear way for $1.6 billion IMF funding boost

Egypt nears $1.6B IMF funding after state asset sales advance reforms, boosting investor confidence and fiscal stability.

Oluwatosin Alao June 26, 2026

Business Hot News

Elsewedy Electric, Egypt PM Madbouly discuss expansion, new investment plans

Elsewedy Electric and PM Madbouly review expansion plans, including automotive manufacturing, industrial zones and new investments in Egypt.

Timilehin Adejumobi May 25, 2026

Business Hot News

7 mega projects powering Egypt’s economic shift in 2026

Egypt’s 2026 mega projects are accelerating investment, jobs, and infrastructure growth, reshaping its economic trajectory.

Timilehin Adejumobi April 29, 2026

Business Luxury

Billionaire Naguib Sawiris: Egypt developers pivot to smaller units amid economic strain

Egypt developers pivot to smaller, affordable homes as inflation and costs reshape the property market

Timilehin Adejumobi March 2, 2026

Next reform phase targets jobs, smarter spending and stronger social impact

Business Technology

Egypt, World Bank push funding, reforms to drive national growth

Egypt is seeking fresh funding and faster reforms as it works to steady its economy and restore growth, deepening ties with the World Bank at a sensitive time for Africa’s third-largest economy. The talks in Cairo come as governments across emerging markets contend with higher borrowing costs, tighter global liquidity and pressure to protect vulnerable households. For Egypt, officials say,…

Oluwatosin Alao February 23, 2026

Global investors are also paying closer attention to emerging markets infrastructure and clean energy.

Business Technology

Egypt targets intra-African growth through infrastructure push

At a Glance Egypt is sharpening its focus on Africa as it looks to lock in new sources of trade, energy supply and industrial growth. Officials see the continent not as a distant market, but as a near-term partner for jobs, exports and capital formation. Rising demand for ports, roads, power lines and digital networks across Africa is opening space…

Oluwatosin Alao December 1, 2025

Business Hot News

Egypt’s $7 billion Petrochemical Complex in New Alamein to transform its sector

Egypt is investing $7 billion in a petrochemical complex in New Alamein to boost exports, create jobs, and strengthen its global energy market position.