Egypt reserves cross $55 billion for first time in June
Egypt’s net international reserves reached a provisional $55.0723 billion at the end of June 2026. The total exceeded $55 billion for the first time and...
Tag : north africa economy
Egypt GDP rises 5.2% as foreign reserves climb
Egypt’s economy grew 5.2% in the first nine months of fiscal year 2025/2026, covering July 2025 through March 2026. The Ministry of Planning, Economic Development and International...
Egypt secures $1 billion World Bank reform support
CAIRO: The World Bank Group has approved US$1 billion in new financing for Egypt to support private sector-led job creation, bolster macroeconomic and fiscal resilience, and advance measures...
Gulf economies drive World Bank upgrade of 2025 regional forecast
WASHINGTON, October 7, 2025: The World Bank has raised its economic growth forecast for 2025 across the region encompassing the Middle East, North Africa, Afghanistan...