Friday 07 Mar

economic reform

51.3% growth in Egyptian overseas remittances
2025/02/25

51.3% growth in Egyptian overseas remittances

Following the March 2024 economic reforms, remittances from Egyptians working abroad surged. December 2024 saw a doubling to $3.2 billion (from $1.6 billion in December...

Kouchouk in Davos: Economy to further improve
2025/01/23

Kouchouk in Davos: Economy to further improve

Minister of Finance Ahmed Kouchouk confirmed that the Egyptian economy will continue to improve through sustained economic and structural reforms, prioritizing private sector growth. Recognizing...

Experts: Egypt economy poised for 4% growth
2025/01/21

Experts: Egypt economy poised for 4% growth

A Reuters poll forecasts a 4% growth in Egypt's economy in the fiscal year ending next June. The poll, based on forecasts from 19 economists,...

Remittances from Egyptians abroad soared 107.7%
2024/11/25

Remittances from Egyptians abroad soared 107.7%

In a positive economic indicator, remittances from Egyptians working abroad surged by a significant 107.7% in September, reaching $2.7 billion.

Egypt requests increased IMF loan disbursement
2024/11/12

Egypt requests increased IMF loan disbursement

Informed sources familiar with the ongoing fourth review between Egypt and the International Monetary Fund (IMF) revealed today, Tuesday, that Egypt has requested an increased...

Investment Minister meets with Wilson Center
2024/10/26

Investment Minister meets with Wilson Center

Engineer Hassan Al-Khatib, Minister of Investment and International Trade, participated in a roundtable discussion at the Wilson Center in the United States, where he reviewed...

Japanese Ambassador commends Egypt's economic progress
2024/08/12

Japanese Ambassador commends Egypt's economic progress

Japan expressed its deep respect and appreciation for the Egyptian government's strides in macroeconomic reform. This commendation came from Oka Hiroshi, the Japanese Ambassador to...

Finance Minister meets international investors in London
2024/07/31

Finance Minister meets international investors in London

Ahmed Kouchouk, Minister of Finance, affirmed that bolstering the role and contributions of both domestic and foreign private sectors in Egypt's economy is a top...