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Category: Economy

By Rian LordIn Economy, NewsPosted July 18, 2026

Egypt’s Gold Trade Nears $20 Billion as Households Flee the Pound

Egypt's gold trade is nearing $20 billion since 2022, but new data show raw bullion imports, not jewelry exports, are driving the boom as the...

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By Rian LordIn Economy, NewsPosted July 18, 2026

Egypt Leans on L’Oréal’s Cairo Exports to Ease a Dollar Squeeze

Egypt’s cosmetics market passed $900 million in 2025 as L’Oréal’s Cairo export hub, shipping 85% of output abroad, backs a bigger currency strategy.

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By Rian LordIn Economy, NewsPosted July 17, 2026

Iraq and Jordan Revive the Basra-Aqaba Pipeline Amid Hormuz Crisis

Iraq and Jordan agreed in Washington to fast-track the Basra-Aqaba pipeline as the Hormuz crisis pushes Brent crude toward $84 a barrel.

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By Rian LordIn Economy, NewsPosted July 13, 2026

Egypt’s Kaolin Output Surged 218% to Land 14th Globally

Egypt now ranks 14th in global kaolin output and 24th in talc, with kaolin production up 218% between 2020 and 2024, per the World Mining...

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By Rian LordIn Economy, NewsPosted July 13, 2026

Egypt’s BoP Deficit Narrows to $1.8 Billion on Record Gulf Remittances

Egypt narrowed its BoP deficit to $1.8 billion in the first nine months of FY2025/26 as worker remittances hit a record $43.1 billion, with the...

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By Rian LordIn Economy, NewsPosted July 13, 2026

Egypt Set to Stay Africa’s Largest Sugar Producer Through 2035

Egypt's sugar beet output is set to climb 4.8 million tonnes above baseline by 2035, keeping Egypt at the top of African production, the OECD-FAO...

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By Rian LordIn Economy, NewsPosted July 8, 2026

New WTO Study Maps Arab Countries’ Accession Path Forward

A new WTO, IsDB, AMF and ICDT joint study maps Arab WTO accession lessons, finding 14 of 22 Arab League states already in and seven...

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By Rian LordIn Economy, NewsPosted July 8, 2026

Saudi Aramco’s Record Asia Crude Cut Still Loses to Gulf Rivals

Saudi Aramco's August Asia OSP cut by $11 a barrel is the steepest in over 20 years, yet ADNOC, Iraq and Kuwait are still cheaper...

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By Rian LordIn Economy, NewsPosted July 7, 2026

Egypt Tenders for Floating LNG Storage to Hedge Summer Demand

Egypt tenders for a 150,000 cbm floating LNG storage unit at Ain Sokhna ahead of summer demand hitting 7.9 bcf/d, with domestic gas output below...

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By Rian LordIn Economy, NewsPosted July 7, 2026

Georgia’s Anaklia Bet: Own the Port, Lease the Terminals

Georgia adopts a Landlord model for Anaklia after China's exit. The state owns the core infrastructure while international partners lease terminals.

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By Rian LordIn Economy, NewsPosted July 7, 2026

Jordan’s ACC-Certified Exports Hit JD 768 Million in H1 2026, Up 25.2%

The Amman Chamber of Commerce certified JD 768m in exports for H1 2026, up 25.2%. Iraq led with JD 323m; Switzerland followed at JD 92m...

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By Rian LordIn Economy, NewsPosted July 1, 2026

Jordan Industrial Exports Climb 9.1% to Record JD2.8 Billion

Jordan's industrial exports climbed 9.1% to JD2.808 billion through April 2026. Mining led the sub-sector gains; Switzerland led the destinations.

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By Rian LordIn Economy, NewsPosted July 1, 2026

From a Single Line to a Network: IMEC’s Real Hedge Play

IMEC reframed as a four-node corridor network could reroute 60 percent of Strait of Hormuz container traffic and carry $331 billion in trade.

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By Rian LordIn Economy, NewsPosted July 1, 2026

Egypt’s First Mineral Survey in 42 Years Takes to the Air

Egypt signed Spain's Xcalibur for its first nationwide airborne mineral survey in 42 years, covering six zones as Cairo pushes mining from 1% to 6%...

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By Rian LordIn Economy, NewsPosted June 29, 2026

Egyptian Pound Holds Firm as Dollar Eases at Sunday Close

Egypt's pound closed steady against the dollar on Sunday. Fitch holds Egypt at 'B' with a Stable Outlook as the IIF projects debt falling to...

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By Rian LordIn Economy, NewsPosted June 29, 2026

Egypt Lists Four State Firms in 30-Company Privatization Push

Egypt listed four state-owned companies Sunday, pushing its 30-company privatization programme to 20 of 30. The sales are tied to the IMF's $8 billion loan...

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