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News

Cairo Hospitality sector recovers, sees 2x occupancy rate in August | JLL

Cairo’s occupancy rate recorded 41% in YT August 2021 as tourism returns, compared to 2020’s 29%

Egypt to make its return to JP Morgan emerging gov’t bond index in Jan 2022

About 90% of foreign investors surveyed by JP Morgan supported Egypt's inclusion in the index

Egypt signs agreement with IFC to empower women, enhance access to financing

The agreement stipulates to support Egypt’s efforts in economically empowering women and enhancing their access to financing, as well as to close gender gaps in remuneration and investment.

Egypt’s trade balance deficit drops 14.6% in July | CAPMAS

The value of exports climbed by 31.5% year-on-year (YoY) to $2.94 billion from $2.24 billion in July 2020

MoICMin chairs final round of discussions with EBRD on new country strategy

EBRD officials reviewed Egypt’s macroeconomic indicators, noting that the economy’s resilience and flexibility as it achieved positive growth despite the pandemic