The International Monetary Fund (IMF) has released $1.2 billion to Egypt as part of the country’s ongoing economic reform plan. This marks the fourth payment under the Extended Fund Facility …
Egypt
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AfricaBusinessEconomyEgyptGOVERNMENTNorth Africa
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EconomyEgyptGOVERNMENTNorth AfricaTravel & Tourism
ETF: Tourism in Egypt Increases by 15% Due to Government Strategies
Hossam Hazaa, a member of the Egyptian Tourism Federation (ETF), has stated that tourism rates in Egypt have increased by 15% to 20% in some areas. He attributed this growth …
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Egypt’s Prime Minister, Mostafa Madbouly, has announced that the country’s unemployment rate dropped to 6.4% in the fourth quarter (Q4) of the 2024/2025 fiscal year. This marks one of the …
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AfricaALGERIABusiness and EconomyEgyptFinance & ServicesMoroccoNigeriaTANZANIA
Africa’s Billionaires’ Wealth Reaches $105 Billion; Dangote Leads for 14th Year
Forbes’ latest report reveals that Africa’s billionaires have amassed a combined wealth of $105 billion, a significant Increase from $82.4 billion the previous year. This marks the first time their …
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AfricaEconomyEgyptNorth Africa
Egypt’s Economic Reform Program: IMF Approves $1.2 Billion Disbursement Amidst Inflation Challenges
The International Monetary Fund (IMF) has approved a $1.2 billion disbursement to Egypt following the completion of the fourth review of the country’s economic reform program. This decision underscores the …
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BusinessBusiness and EconomyBusiness PoliciesEgyptINVESTMENTNorth Africa
Egyptian Business Landscape Shifts as Reforms Drive Foreign Investment and Market Growth
Egypt’s economic reforms are gaining traction as the country intensifies efforts to attract foreign direct investment and stabilize its financial ecosystem. The Central Bank’s currency adjustments, along with government-driven manufacturing …
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AfricaAFRICA NEWSEgyptNorth AfricaTechnologyUGANDA
AfriSummit 2024 – High-Level Meeting between Uganda and Egypt to Strengthen Pharmaceutical Cooperation and Expand the African Market
Within the framework of “AfriSummit 2024” held in Cairo from November 3 to 6, a strategic meeting took place between the Ugandan delegation, led by the Ugandan Ambassador and representatives …
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AfricaAFRICA NEWSEgyptHealthcare
AfriSummit 2024: African HealthAuthorities and Industry Leaders Unite to Discuss Pharma Regulations and Innovations.
PharmaReg and MedDevReg AfriSummit Host 80+ Regional and International Speakers Alongside Over 300 Pharmaceutical and Medical Device Professionals Prominent healthcare authorities and industry specialists came together for AfriSummit 2024, a …
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Uniting Masterminds and Industry leaders to Shape the future of Regulatory Landscape in Pharmaceutical sector of the African continent. AfriSummit 2024, an initiative by PRA Consultancy, organized by Hubplus Events …
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AfricaAFRICA NEWSEgyptNorth Africa
Heirs of Egyptian billionaire Mohamed Al-Fayed at war over $2 billion fortune
by Editorby EditorThe passing of Egyptian billionaire businessman Mohamed Al-Fayed, the former owner of Harrods department store and father of the late Dodi Fayed, has ignited a fierce contest among his four …