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Egypt Shrinks Budget Deficit To 6%, Improves Debt-To-GDP To 95.8% In FY 2023
A primary surplus of 1.6% of GDP in FY 2022/23 contributed to the improved fiscal position.
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Egypt seeks GCC investment boost for tourism development
Egypt targets attracting 30 million tourists by 2028 in light of additional funding for more tourism development projects.
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Egypt, Jordan agree to enhance digital collaboration
Talaat highlighted the necessity of sharing expertise and fostering cooperation in AI, emphasizing its role in addressing mutual challenges.
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Egypt Assigns 7.5 Million Square Meters of Ras El-Hikma to Build an Airport
The Ras El-Hikma project deal, was initially signed with the UAE in February this year by the Egyptian Cabinet.
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Philip Morris Enters Egypt Market Following Disputed Tender
Under IMF pressure Egypt has loosened its hold on the tobacco industry, allowing private investors to make inroads.
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Greece to bring in Egyptian farm workers amid labor shortage
Greece will take in around 5,000 seasonal farm workers under the 2022 deal signed with Egypt.
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Egypt’s daily natural gas consumption hits 6.1B cubic feet in May
Egypt reportedly suspended exports of LNG as of May, in order to meet the demands of power plants.
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MNZL raises $3.5m to enhance asset-backed lending in Egypt
MNZL, a FinTech startup, has raised $3.5 million to revolutionise asset-backed lending in Egypt and across the MEA region.
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Kazakh airlines will increase flights to Egypt
Bilateral negotiations were held in Astana between the aviation authorities of Kazakhstan and the Arab Republic of Egypt on May 6, 2024.
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Egypt's non-oil business shrinks for 41st straight month, PMI shows
Egypt signed an agreement with the International Monetary Fund on March 6, with an initial $820 million payout received in April.
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Paid advertising is growing, here's how
meta and Google quarterly figures paint a clear picture of digital advertising: spending is rising and the willingness to click is falling.
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Egypt’s Princess Fawzia Farouk To Launch Jewellery Line
The collection featuring carefully crafted pieces by artisans is expected to be sold in the French Riviera and Monaco.
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Archaeologists Discover Ancient Egyptian Pharaoh's Fortified Royal Retreat
The mud-brick rest house was uncovered at the archaeological site of Tel Hebwa in the north of the Sinai Peninsula.
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Email marketing automation – a guide
A guide for you to help you master email marketing automation so you can save time and increase your sales.
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5 Key facts about ADES Holding's $43 million drilling contract in Egypt
This contract not only enhances ADES Holding’s operational footprint but also significantly contributes to Egypt's energy sector.
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Egypt's tourism: A thriving sector despite challenges
Egypt's tourism strategic evolution boosts economic prospects and also firmly positions it as a leading destination on the global tourism map.
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IAOP® Recognizes RAYA CX a Leader in the 2024 Global 100 Outsourcing List
For the fourth consecutive year, RAYA CX is listed in the IAOP Global Outsourcing 100® companies list.
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Raya Customer Experience Announces Appointment of Alaa ElKhishen as Chief Executive Officer
Raya CX is pleased to announce the appointment of Alaa ElKhishen as its new Chief Executive Officer (CEO)
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Egypt int’l reserves hit record high in four years in April
Egypt’s net international reserves (NIRs) surged at the end of April to its highest level in four years to post $41 billion, up from $40.4.
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Cairo real estate market surges by 83% in 6th of October, by 95% in New Cairo
These initiatives align with the country's objective of welcoming 30 million visitors by 2028 and expanding its hotel capacity by almost 250,000 rooms
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Hisham Talaat Moustafa Tops Forbes’ Egypt Travel & Tourism Leaders List
Forbes highlights Moustafa’s four decades leading TMG Holding, particularly his role in growing the group’s hospitality sector.
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Madbouly reviews proposed revisions to Economic Zones Law
Madbouly stressed on the necessity to update the law to reflect current global standards and to leverage Egypt’s economic capabilities.
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32nd session of Egyptian-Jordanian Joint Higher Committee kicks off in Cairo
The 32nd session of the Egyptian-Jordanian Joint Higher Committee kicked off in Cairo on Tuesday, the Ministry of International Cooperation announced.
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CAMPAS: 22.6 % increase in pension Spent in 2023
Central Agency for Public Mobilization and Statistics issued today "Annual bulletin of postal Services Statistics " 2022/2023".
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Giza Court adjourns trial of 3 officials over stealing Osiris statue from Grand Egyptian Museum to July 6
The defendants embezzled the ancient statue of Osiris which dates back to the late Pharaonic era from the inorganic antiquities storeroom at GEM.
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PM holds meeting to boost real estate exports, activate investment funds
Madbouly acknowledged the promising opportunities Egypt holds for attracting foreign investment in its real estate sector, especially touristic.
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Egypt showcases prominent tourism projects during participation at Arabian Travel Market
The Ministry aims to combine efforts in promoting Egyptian destinations and ensuring unparalleled experiences for visitors.
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Chefs House, Chef’s Studios ink partnership at Egyptian F&B Summit
Chefs House will also offer partner brands access to its network of kitchens across Cairo, providing them with opportunities to expand their reach.
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Higher Education Minister: Political leadership prioritizes promoting AI in universities
Egypt’s higher education sector has witnessed a remarkable growth in the number of students enrolled in the technology and AI departments.
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1st phase of Egypt's first safe closure for waste dump completed
The plan is to get rid of the negative effects of random dumps, while rehabilitating the site, and implementing the infrastructure for parks.