Tag: Egypt economy

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 Timilehin Adejumobi

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 Oluwatosin Alao

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 Oluwatosin Alao

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.

Feyisayo Ajayi Feyisayo Ajayi