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Category: Economy

By Rian LordIn Economy, NewsPosted September 9, 2025

Egypt Secures $18B Red Sea Tourism Project Deal

Egypt has launched a massive tourism project called Marassi Red Sea, with a partnership between local and Gulf developers aiming to build a luxury resort...

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By David SmithIn Economy, NewsPosted September 8, 2025

Egypt and Bahrain Sign 8 Key Deals to Boost Ties

Egypt and Bahrain have signed eight major agreements to strengthen their economic and cultural ties. The deals, witnessed by Egyptian Prime Minister Mostafa Madbouly and...

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By Ava WilliamsIn Economy, NewsPosted August 13, 2025

Standard Chartered Sees Foreign Investments Fueling Egypt’s Economic Surge

Egypt is quietly turning heads in the global economic arena. Thanks largely to foreign investments, the country’s economy is showing signs of real strength despite...

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By Noah MillerIn Economy, NewsPosted August 6, 2025

Egypt’s Chemical Exports Surge to $4.6 Billion in H1 2025, Bolstering Non-Oil Trade

Chemical sector becomes Egypt’s second-largest non-petroleum export, driven by strong growth in plastics, petrochemicals, and glass shipments. Egypt’s chemical industry is on a roll. In...

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By David SmithIn Economy, NewsPosted August 6, 2025

Egypt’s Beaches Are Beautiful — But Most Egyptians Can’t Afford to Step Foot on Them

A once-public coastline is now lined with private gates, luxury resorts, and prices that push ordinary Egyptians out of the picture. A day at the...

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By Emma JohnsonIn Economy, NewsPosted July 30, 2025

Egypt Hikes Tour Guide Wages in Bid to Boost Tourism Standards

Starting October, Full-Day Pay for Guides Jumps to EGP 1,800 Amid Push for Better Service and Fairer Labor Egypt’s government is handing a long-awaited raise...

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By Emma JohnsonIn Economy, NewsPosted July 23, 2025

Saudi Arabia Pushes Forward with Bold Renewable Energy Drive Worth $8.3 Billion

Seven new clean energy projects signal Riyadh’s resolve to balance oil dominance with a greener future Saudi Arabia is doubling down on renewable energy —...

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By Ava WilliamsIn Economy, NewsPosted July 22, 2025

Egypt Seeks U.S. Investment Lifeline as Vision 2030 Goals Face Clock

Cairo is hustling to bring American money into its economy, offering ports, factories, and reforms to sweeten the deal. Prime Minister Mostafa Madbouly has given...

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By Rian LordIn Economy, NewsPosted July 7, 2025

Egypt Strikes $900 Million Debt Swap Deals With Germany, Italy, and China Amid Mounting Fiscal Pressures

Egypt has sealed over $900 million in debt-for-development deals with three major economies—Germany, Italy, and China—as it looks for breathing room in the face of...

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By Noah MillerIn Economy, NewsPosted July 7, 2025

Egypt’s Lost Decade: El-Sisi’s Rule Leaves Millions Struggling to Survive

Twelve years on from the day Field Marshal Abdel Fattah El-Sisi promised a new dawn for Egypt, many Egyptians say they are worse off than...

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By David SmithIn Economy, NewsPosted July 1, 2025

Egypt’s Economy Posts Strongest Quarterly Growth Since 2022 as Factories Roar Back

Manufacturing booms with 16.3% surge, but energy slump and Suez dip weigh on momentum Egypt’s economic engine is humming again. After more than a year...

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By Emma JohnsonIn Economy, NewsPosted June 30, 2025

Dollar Dips Against Egyptian Pound as Banks Chart Diverging Paths

A surprising slide in the U.S. dollar's value against the Egyptian pound sent ripples through Egypt’s banking sector on Sunday, hinting at shifting tides in...

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By Rian LordIn Economy, NewsPosted June 24, 2025

War at the Borders, Records in the Markets: Israel’s Economic Paradox Unfolds

Israel is facing down regional turmoil with missiles in the sky—and record numbers on the stock ticker. Markets in Tel Aviv are not just holding...

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By Rian LordIn Economy, NewsPosted June 23, 2025

Egypt’s Citrus and Potato Boom Powers First-Half Export Surge to 5.2 Million Tonnes

Fruit and vegetable exports remain the lifeblood of Egypt’s agri-sector as government pushes to cement its place on global food map Egypt’s fields are delivering...

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By Noah MillerIn Economy, NewsPosted June 23, 2025

Egypt Tightens Grip on Export Revenues with New Currency Rules

Egypt’s government is cracking down on foreign exchange leaks from export operations, expanding the list of goods that require full upfront payment in foreign currency...

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By Emma JohnsonIn Economy, NewsPosted June 23, 2025

Euro Vaults to Fresh Highs Against Egyptian Pound, Sparks Worry and Speculation

The euro kicked off Egypt’s banking week with a bang, jumping more than 30 piasters in just a day. That’s not just a number—it’s a...

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