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News about Egypt Economy

Stay current with all the latest and breaking news about Egypt Economy, compare headlines and perspectives between news sources on stories happening today. In total, 209stories have been published about Egypt Economy which Ground News has aggregated in the past 3 months.

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Top Egypt Economy News

'Dangerous and Reckless Escalation': Middle Eastern Leaders Condemn Israeli Strike on Iran

Donald Trump · Egypt

'Dangerous and Reckless Escalation': Middle Eastern Leaders Condemn Israeli Strike on Iran

Coverage: 11 sources

Oman, who is set to host imminent U.S.-Iranian nuclear talks, warns that the attack would derail diplomatic efforts. Israel 'does not want issues to be resolved through diplomatic means,' Turkey says ...See the Story

Egypt Highlights $15.6B in Development Financing for Private Sector_ Signs Renewable Energy Deals

European Union · Egypt

Egypt Highlights $15.6B in Development Financing for Private Sector_ Signs Renewable Energy Deals

Coverage: 2 sources

CAIRO – 15 June 2025: Egypt announced the mobilization of $15.6 billion in development finance for private sector projects from over 30 international partners between January 2020 and May 2025, according to a new report released Sunday by the Ministry of Planning, Economic Development, and International Cooperation. The figures were disclosed during the “Development Finance to Foster Private Sector-Led Growth & Jobs” conference held in Cairo, wh…See the Story

Egypt Seeing Record Performance From Tourism Economy

Tourism · Egypt

Egypt Seeing Record Performance From Tourism Economy

Tourism made its highest ever contribution to Egypt’s economy last year, and latest predictions are that it will do so again this year. That is according to latest research by the World Travel & Tourism Council (WTTC), which said the tourism industry contributed 8.5% of Egypt’s total GDP in 2024 and is on course to up that to 8.6% this year. Visitor spending surged by over 36% last year, surpassing pre-pandemic levels, with domestic spend up nea…See the Story

Egypt in Advanced Talks with Qatar for Multi-Billion Dollar North Coast Investment - Egypt Independent

Qatar is reportedly engaged in advanced discussions to invest $3.5 billion in a major tourism project along Egypt’s Mediterranean coast, according to local Egyptian media. This potential move represents the latest support from a Gulf nation for the Egyptian economy, which has been grappling with disruptions stemming from ongoing regional conflicts. The prospective deal involves the development of land in one of Egypt’s most prominent holiday des…Middle East · Egypt See the Story

Talks underway to disburse 2nd tranche of European aid to Egypt, worth €4 billion - Egypt Independent

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania al-Mashat, held a negotiating meeting with the relevant national authorities and representatives of the European Commission to follow up on completing the economic component of the second phase of the Macroeconomic and Budget Support Mechanism, valued at four billion euros. The Friday meeting discussed the structural reforms required for the second phase, in…Business · Egypt Read Article

Sokhna Port is Egypt’s Gateway

DP World Egypt marked a significant milestone last week with the arrival of the Energos Eskimo at Ain Sokhna Port, spearheading a series of three strategic maritime operations that highlight the port’s expanding role in advancing trade, energy and tourism throughout Egypt and the wider region. The vessel, a Floating Storage Regasification Unit (FSRU) operated by New Fortress Energy (NFE), has docked for a series of specialised technical upgrades…Trade · Ain Sokhna Read Article

Top 10 African Countries With the Longest Bridges

100% Left coverage: 1 sources

In Summary There is only one bridge in Africa that connects two continents, the Suez Canal bridge in Egypt joining the Sinai Peninsula in Asia, making this a vital global trade route.Mozambique, once torn apart by war, is remarkably home to three of the longest bridges in Africa. Infrastructure has played a key role in the rise of its development and in reconnecting provinces.The third mainland bridge in Nigeria ranked second, but it remains the…Trade · Cairo Read Article

Egyptian property billionaire Hisham Talaat Moustafa loses $78.5 million

Key PointsHisham Talaat Moustafa's stake in TMG lost over $78 million in one week after a sharp drop in the company’s share price.TMG shares fell 7.18% in seven days, erasing recent gains and pushing the company’s market value below $2.3 billion.Year-to-date, TMG stock is down 2.12%, reflecting investor caution amid Egypt’s weakening real estate market.Egyptian property billionaire Hisham Talaat Moustafa, chairman of Talaat Moustafa Group (TMG),…Stock Markets · Egypt Read Article

Egypt’s Trade Relations with G7 Nations Show Significant Growth

100% Left coverage: 1 sources

Egypt’s trade with the Group of Seven (G7) nations experienced substantial growth in 2024. The G7, or Group of Seven, is an intergovernmental body made up of seven of the world’s largest advanced economies: Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. According to new data from the Central Agency for Public Mobilization and Statistics (CAPMAS), bilateral trade reached approximately USD 29.7 billion (EGP 1 t…Trade · Egypt See the Story

Egypt: U Consumer Finance Gets Nod to List On EGX Without Offering Shares

100% Center coverage: 1 sources

The Financial Regulatory Authority (FRA) has approved the listing of U Consumer Finance on the Egyptian Exchange (EGX) This marks the first time a company in Egypt will enter the stock market through a dividend-based ownership expansion mechanism The move allows the conversion of indirect ownership into direct shareholder stakes, enabling trading on the EGX while broadening the investor baseAfrica · Cairo Read Article

The President of the Cairo Chamber Appreciates the Efforts of the Egyptian State to Provide a Secure Stock of Strategic Goods to Maintain Market Stability Under the Current Regional Circumstances.

The President of the Cairo Chamber of Commerce, Ayman, commended the State ' s efforts to provide a secure stock of strategic goods to maintain market stability under the current regional conditions, thanking the Egyptian political leadership for its constant support in providing all the needs of citizens for various commodities. He commended the efforts of the Ministry of Supply and Internal Trade and its ongoing follow-up to the market, w…Middle East · Cairo Read Article

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