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Egypt is experiencing renewed economic stability following a $35 billion investment from Abu Dhabi and an $8 billion IMF programme, despite ongoing challenges affecting Suez Canal revenues. The reforms initiated …
Egypt’s Economic Stability and Future Challenges After Recent Reforms Read More
The Egyptian-Tanzanian Business Forum, inaugurated by Foreign Ministers Badr Abdelatty and Mahmoud Kombo, aims to bolster economic partnerships. It facilitated discussions on collaborative ventures in multiple sectors, including pharmaceuticals and …
Inauguration of Egyptian-Tanzanian Business Forum Enhances Economic Ties Read More
The Egyptian-Tanzanian Business Forum aims to strengthen economic ties between Egypt and Tanzania, emphasizing investment opportunities and collaborations in sectors such as agriculture, construction, and pharmaceuticals. Key discussions highlighted Egypt’s …
Egyptian-Tanzanian Business Forum Aims to Strengthen Economic Ties and Investment Opportunities Read More
Egyptian President Abdel Fattah al-Sisi announced that the Suez Canal is losing $800 million monthly due to Houthi attacks, causing ships to reroute around Africa. These disruptions are projected to …
Suez Canal Suffers $800 Million Monthly Revenue Loss Amid Regional Instability Read More
Egypt’s President Sisi reported that the Suez Canal is losing around $800 million per month due to regional instability, primarily resulting from Houthi attacks on vessels in the Red Sea. …
Egypt Reports Significant Suez Canal Revenue Losses Amid Regional Unrest Read More
Yemen’s Houthi rebels and the U.S. have escalated military actions amid threats to Red Sea shipping. The U.S. pledged ongoing strikes against the Houthis, who retaliated by attacking U.S. naval …
Escalating Conflict: Houthis and U.S. Intensify Hostilities Over Red Sea Shipping Threat Read More
The U.S. has launched extensive airstrikes against Houthi leaders in Yemen, targeting their military capabilities and sending a message to Iran. National Security Adviser Mike Waltz emphasized that strikes would …
U.S. Airstrikes in Yemen Target Houthi Leaders, Send Clear Message to Iran Read More
U.S. airstrikes in Yemen led to the deaths of several Houthi leaders, with officials announcing a decisive approach to combat Houthi threats to maritime security. National Security Adviser Mike Waltz …
U.S. Airstrikes in Yemen Target Houthi Leaders, Signal Strong Stance Against Iran Read More
Egypt has received a $1.2 billion disbursement from the IMF, totaling $3.2 billion under its economic reform program. The IMF acknowledges Egypt’s economic stabilization progress despite external challenges. While GDP …
Egypt Secures $1.2 Billion IMF Disbursement Amid Economic Reforms Read More
The IMF has approved a $1.2 billion disbursement to Egypt after the fourth review of its economic reform program, alongside access to an additional $1.3 billion funding through the Resilience …
IMF Approves $1.2 Billion Disbursement to Egypt After Fourth Review Read More