Egyptian inflation quickened in February, a situation that may be poised to worsen as the knock-on effects from the Iran war pile pressure on the import-reliant economy.
By Mohamed Ezz and Patrick Werr CAIRO, March 10 (Reuters) - The U.S.-Israeli assault on Iran is piling pressure on Egypt’s precarious finances by hiking energy costs, hindering exports and pushing ...
The minister revealed that more than 600,000 taxpayers have voluntarily submitted new or amended tax returns, resulting in approximately $1.51bln in additional tax payments ...
Officials said the development forms part of broader government efforts to diversify Egypt’s export destinations and reduce ...
Explore ancient Egypt through the eyes of researcher Brian Forster as he reviews a 2018 expedition to some of the country’s most mysterious archaeological sites. This video examines massive granite ...
Egypt has raised domestic fuel prices by up to 30 per cent as the Iran war drives global oil prices higher, forcing the government to adjust energy costs amid mounting pressure on its import bill and ...
Egypt has raised domestic fuel prices by as much as 17 percent, just as inflation accelerated to its highest level in seven months, underscoring the vulnerability of Africa’s second-largest economy to ...
Millions of Egyptians live and work in other countries, especially in the Gulf region, and send billions of dollars in ...
Africa’s 23 billionaires see KSh 16.38 trillion worth, led by Aliko Dangote; strong market performance fuels growth in manufacturing, mining, and retail sectors.
Petrol and diesel rose by between 14 and 17 per cent ...
In 2022, TMU welcomed 39 students to a state-of-the-art satellite campus in Egypt. Less than a year later, they shut it all down—what went wrong?