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Egypt

IMF raises growth forecast for Egyptian economy to 4.4% in 2024/2025

According to the IMF's Global Growth Outlook report issued today, it is expected that the inflation rate in Egypt will decrease to 25.7% in 2025.

Egyptian commodity exports hike by 5.3% in Q1 2024 reaching $9.312B

The report outlined the largest recipient markets for Egyptian commodity exports during the first quarter of the current year, including Turkey at a value of $874 million, followed by Saudi Arabia at $792 million, the UAE at $586 million, Italy at $544 million, and the United States at $471 million.

Egypt ranks first as largest African importer of Turkish products

According to data from the Turkish Exporters' Assembly, Turkish exports’ value to the Egyptian market amounted to $872 million in the first quarter of this year

Egyptian Stock Market Starts Tuesday Trading Session with Collective Gains

Egyptian stock market indices opened Tuesday's session on a positive note.

Egypt's Prime Minister Unveils Game-Changing Economic Insights from OECD Report

Egyptian Prime Minister Mostafa Madbouly and ministers convened to discuss the inaugural economic report by OECD.