Economy
Donald Trump to Pay $454.2 Million in Civil Fraud Case
In a consequential legal development, former US President Donald Trump has been formally ordered by a New York judge to...
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Egypt & UAE Sign $150 Billion Agreement to Develop Ras El Hekma
Egypt's Prime Minister, Mostafa Madbouli, witnessed the signing of a $150 billion investment agreement with the UAE, marking the largest...
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Egypt Approves ‘Record Direct Investment Deal’
In a significant development, the Egyptian Cabinet declared on Thursday its approval of the largest direct investment deal, forged through...
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Egyptian Agricultural Exports Reach $3 Billion in 2023
In a remarkable development for Egypt's agricultural sector, the nation's exports of agricultural goods have seen a substantial increase, as...
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Egypt to Invest $380 Million in Sustainable Aviation Fuel
Investors in Egypt from both the public and private sectors are exploring a joint venture to produce sustainable aviation fuel,...
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IPR Energy Group to Invest $250 Million in Egypt
In a significant boost to Egypt's energy sector, the American-based IPR Energy Group is looking to invest $250 million in...
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Ukrainian Banks’ Profits Exceed 100 Percent
Data from the National Bank of Ukraine indicates that Ukrainian banks achieved profits last year that were more than 100...
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Italy Receives 1.2 Billion Euro from EIB
The European Investment Bank announced a loan of 1.2 billion euros to Italy for the construction, operation, and maintenance of...
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Egypt Faces Tough Economic Challenges
Egyptian President Abdel Fattah El-Sisi has highlighted unprecedented and substantial losses experienced by the Suez Canal, attributing them to the...
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BP Plans to Invest Up to $1.5 Billion in Egypt
During the "EGYPS 2024" conference, President Abdel Fattah el-Sisi met with BP's CEO Murray Auchincloss, alongside Prime Minister Dr. Mostafa...
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