Teaming up with Qatar and the U.S., Egypt has been at the forefront of endeavors to broker a ceasefire deal for the conflict
Egypt optimistic on Gaza talks, awaits response, says FM Read More »
Suez Canal one of main source of Egypt’s foreign currency
Egypt reports 50% drop in Suez Canal revenue amid Red Sea tensions Read More »
Hamas is considering Israel’s latest ceasefire proposal, which reportedly includes discussions on ending the war.
Hamas, Israel show progress via Egypt Read More »
The government has approved the development of a special free zone and international tourist port, backed by a $35 billion investment deal with the UAE.
Egypt ups tourism with free zone, port revamp Read More »
Despite approving a loan increase, the IMF expresses concerns about Egypt’s central bank lending and calls for stricter public spending controls.
Egypt gets IMF loan boost, commits to reforms Read More »
While Sisi’s supporters anticipate that this influx of foreign currency will stimulate economic recovery, skeptics remain doubtful.
Egypt’s Sisi to sworn in for his last term Read More »
The arrangement builds upon a previous $3 billion, 46-month Extended Fund Facility inked in December 2022
Egypt set to receive initial portion of expanded IMF loan next week Read More »
Furthermore, Egypt secured an enhanced $8 billion arrangement with the International Monetary Fund in March
World Bank Group commits $6 billion support to Egypt over three years Read More »
President Sisi rejects Palestinian expulsion from Gaza and calls for ceasefire in the region amid EU summit discussions.
Sisi affirms Egypt’s rejection of Gazans’ forced displacement Read More »
Egypt’s strategic location amidst turbulent neighboring regions underscores its significance for Europe
EU and Egypt set to sign 7.4 billion euro funding package Read More »
