Egypt has raised value added tax on alcohol and cigarettes, the latest effort to boost tax revenue and narrow a yawning budget deficit. The amendments, which were published in the official gazette on ...

He also warned that Africa’s exposure to global volatility is deepening. Official development assistance dropped to 2.1 per cent of GNI in 2023, down from 3.4 per cent in 2006. Major donors, including ...

The UNECA boss Gatete said steep currency depreciation, inflation and widening current account deficits have deepened the ...

Telecom and Pay TV spending in the Middle East and Africa surged to $149 billion in 2024, driven by Africa’s rising demand ...

Egypt’s first large-scale hybrid solar and battery plant has begun construction as the country looks to its abundant sunshine ...

President Trump announced Thursday night that he was authorizing Attorney General Pam Bondi to seek the public release of ...

Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the ...

Cairo firms are expanding their M&A and capital markets teams to position themselves for high-stake mandates they expect out ...

Although today’s dangers are not in the same league as a world war, they are significant. Pundits talk of a “polycrisis” ...

July 15, 2025 https://doi.org/10.5089/9798229017169.002 Country Report No. 2025/187 ...

A floating exchange rate and international support have helped draw billions of dollars back into Egypt’s economy. Now the banking industry hopes to see reforms to create a more dynamic private sector ...

The Ambassador of the Arab Republic of Egypt to Nigeria, Mohamed Fouad has said that increased trade and investment relations ...