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GlobalData on MSNEgypt secures 160 LNG cargoes through 2026 to meet power demandEgypt has obtained 75 gas cargoes for this year and aims to procure 50–60 more, with the rest scheduled by 2026.
Egypt has reached agreements with several energy firms and trading houses to buy 150 to 160 cargoes of liquefied natural gas, as it ramps up purchases to meet power demands despite strained government ...
A report released this week suggests that exports by Egypt to fellow BRICS members have risen by 31.5% between January and ...
Egyptian Minister of Foreign Affairs, Badr Abdelatty, reaffirmed Egypt’s rejection of foreign interference in Syria and ...
Egypt is likely to face a squeeze in its sources of external funding if it struggles to meet IMF conditions – which include a USD 4.6bn privatisation target in FY 2023/2024 – in the face of ...
Prime Minister Mostafa Madbouli chaired a meeting of the economic ministerial group on Wednesday, June 11, 2025 to review ...
Under its $3 billion loan agreement with the IMF, Egypt has adopted a flexible exchange rate system and offered stocks at state-owned companies for strategic investors. The IMF's loan will be ...
What are the main elements of the IMF supported program with Egypt? The Egyptian economy faces significant macroeconomic challenges that have become more complex to manage with the conflict in Gaza ...
Aggregate net income rose 8.4% to AED22.2bn even as the IMF cut its 2025 GDP forecast and credit demand stayed weak ...
African lender denies it can be drawn into debt restructurings after rating agency cites ‘higher solvency risk’ ...
Israel is trying to starve Palestinians in Gaza into submission. But aid is one of the oldest weapons in the imperialist ...
Studies have quantified this phenomenon. One cross-country analysis showed that a 10 percentage point increase in the credit-to-GDP ratio in the lead-up to a recession was associated with an increase ...
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