U.S. financial institution Goldman Sachs has forecast that Egypt’s real GDP growth will accelerate to 4.9% from July 2024 to 2025. This is a slightly higher figure than the IMF reported recently suggesting growth would be around 4.7%. The Goldman Sachs report also suggested a positive outlook for the country’s inflation and interest rates, expecting interest payments to decline steadily over the long term. The report further noted that the total debt-to-GDP ratio will see a significant decline in the coming 2 fiscal years.
Five Sudanese families who fled to Egypt and later moved to Libya in search of work and better living conditions
UK Foreign Secretary David Lammy is in Cairo to press local officials to release a jailed British Egyptian pro-democracy campaigner.
According to a report out Wednesday from the Tanger Med Port Authority (TMPA), the port complex handled over 10.24
Egypt’s Minister for Foreign Trade and Investment, Hassan El Khatib, expressed cautious optimism regarding the recovery of Suez Canal
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