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Egypt’s current account deficit narrowed by 22.6 percent year-on-year during the first nine months (July 2024–March 2025 ) of ...
Just in July alone, the International Monetary Fund (IMF) is reported to be looking into the disbursements of loans to Egypt and Ethiopia, raising new worries about Africa's growing reliance on IMF ...
Arabian Gulf Business Insight on MSN13h
Egypt current account deficit eases on higher remittances
Egypt’s current account deficit narrowed to $2.1 billion in January to March 2025 from $7.5 billion in the same period a year earlier, the central bank said on Tuesday. The bank attributed the ...
Oil exports declined to $1.2 billion, from $1.4 in the year earlier, while imports of oil products rose to $4.8 from $3.4 ...
Nigeria lost its position as the continent’s biggest economy recently after a roughly 70 per cent slide in the value of the ...
Egypt is ramping up its efforts to attract climate finance and expand sustainable infrastructure through intensified collaboration with the Africa Finance Corporation (AFC) and Infinity Power, ...
The statistics agency recalculated the value of GDP based on production patterns in 2019, and gave some sectors a bigger ...
Know more: In May, Egypt hosted a US-Egypt Policy Leaders Forum, where Madbouly announced that more than 1,800 American firms ...
The Malta-flagged CMA CGM ZEPHYR led the southbound traffic. The ship is 366 meters long, 51 meters wide, and has a draft of ...
The Gulf markets went separate ways on Sunday as traders tried to make sense of two incoming punches: Q2 earnings reports and ...
Minister of Finance Ahmed Kouchouk expressed strong confidence that Egypt will meet its key objectives under the country's ...