Egypt's PM noted that the debt burden for the upcoming year is expected to be lower than in 2024, marking a positive ...

Egypt’s economy in 2024 has been at a crossroads,  grappling with persistent challenges amid potential opportunities. The ...

Saudi Arabia-based ACWA Power has secured senior debt facilities, worth SAR2.638bn ($701.9m), to finance a 1.1GW wind power ...

The agreement includes recalibrating Egypt's fiscal commitments to create space for critical social programmes benefiting ...

When African nations accumulate significant debt with the IMF, they are frequently forced to enact strict economic reforms ...

Amea Power chairman Hussain Al Nowais aims to follow the launch of Egypt’s largest solar plant with the Horn of Africa’s ...

During the weekly cabinet meeting held on Wednesday, at the New Administrative Capital, Madbouly indicated that Egypt has paid approximately seven billion dollars in debt during November and December, ...

The International Monetary Fund said Tuesday that it has reached a deal with Egyptian authorities allowing the country access to about $1.2 billion.

“A comprehensive reform package is needed to ensure that Egypt rebuilds fiscal buffers to reduce debt vulnerabilities, and generates additional space to increase social spending, especially in ...

ACWA Power Co.signed on Dec. 30 financing agreements for the development, construction, operation and maintenance of a ...

(MENAFN- Daily News Egypt) Egypt's external debt skyrocketed by 307%, while its Gross National Income (GNI) rose by 69%, according to the World Bank's International Debt Report 2023. Among Low ...