Egypt records GDP rise as reforms bite
Egypt grew 4.5 percent in 2024-25 as reforms and investment supported recovery despite inflation and canal revenue losses.
Egypt records GDP rise as reforms bite Read More »
Egypt economy
Egypt’s net foreign assets slip after March rebound
In April, Egypt’s foreign assets declined to $13.54 billion, down from March’s surge linked to IMF backing and economic reform measures.
Egypt’s net foreign assets slip after March rebound Read More »
Diesel and gasoline prices rise sharply in Egypt
Egypt increases fuel prices by up to 15 percent in 2025 as part of an IMF-backed reform plan to scale down energy subsidies and cut the fiscal deficit.
Diesel and gasoline prices rise sharply in Egypt Read More »
Egypt’s net foreign assets rise by $1.48 billion in February
Central bank data shows Egypt’s net foreign assets climbed to $10.18 billion in February amid rising investor interest.
Egypt’s net foreign assets rise by $1.48 billion in February Read More »
IMF completes fourth review and releases $1.2 billion to Egypt
The IMF has approved a $1.2 billion disbursement for Egypt after completing its latest economic review.
IMF completes fourth review and releases $1.2 billion to Egypt Read More »
Data shows Egypt’s foreign assets fell again in October
Egypt’s net foreign assets fell by $1.12 billion in October, reversing September’s gain, with liabilities rising at both central and commercial banks.
Data shows Egypt’s foreign assets fell again in October Read More »