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Egypt

Egypt to restore oil and gas production to normalcy by 2025

With a commitment to bounce back from recent setbacks and restore its oil and gas production to normal levels...

Egypt’s inflation rate drops to 25.7% in July

In a much-needed relief for the economy, Egypt's annual urban consumer price inflation rate dropped to 25.7% in July...

Egypt moves to contain Israel escalation with Lebanon

In a bid to diffuse escalating tensions between Israel and Lebanon, Egypt has taken proactive steps to mediate and...

IMF boosts Egypt’s economy with $820 million

Egypt's economy has received a significant boost as the International Monetary Fund (IMF) announced the approval of an $820...

Egypt secures $340 million to boost oil and gas industry

Egypt continues to make significant strides in bolstering its oil and gas industry, with the recent announcement of securing...

Yemenia Airways resumes flights to Cairo and India from Sanaa

In a significant development in the aviation sector, Yemenia Airways has announced the resumption of civilian flights from Sana'a...

Egypt’s economy set to soar with 4.0% growth in 2024/2025

Egypt's economy is poised for a significant upturn with experts forecasting a 4.0% growth rate for the fiscal year...

Somalia and Egypt forge stronger military partnership

In a significant development highlighting the growing cooperation between Somalia and Egypt, the Somali Cabinet has given its approval...

Egypt grappling with $10.5 billion budget shortfall

Egypt has been grappling with a significant budget shortfall for the 2023/24 fiscal year, with a deficit of $10.5...

Egypt aims to increase renewable energy to 58%

In a move towards sustainable energy, Egypt is set to increase its target for the renewable share of energy...

Egypt implements strict regulations on tourism companies

Egypt has recently implemented strict regulations on tourism companies in response to the tragic deaths of Egyptian pilgrims during...

Egypt accuses Israel for escalating military tensions

Egypt has accused Israel of escalating military tensions in the region, causing a halt in aid deliveries to the...