13:38
cairo, gmt + 2
11 May
Saturday, 2024
Thu, 09 May 2024 - 03:27 GMT
GAFI's achievements across various sectors played a role in securing this award.
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Be Social
Egyptian Minister of International Cooperation Dr. Rania Al-Mashat, met with Abdel Rahman Diao, the Country Director of the African Development Bank, to follow up on joint work files and development cooperation programs being implemented, within the framework of joint relations between the Egyptian government and the African Development Bank.
This came on the sidelines of the 32nd session of the Egyptian-Jordanian Joint Higher Committee’s ministerial meeting.
This surplus was utilized to partially cover interest payments on the public debt, resulting in a decrease in the country's overall deficit to 6 percent of the GDP by June 2023.
The increased availability of foreign currency, coupled with hopes of exchange rate stability, lower prices, and improved material availability, boosted confidence among non-oil firms regarding the year-ahead outlook for activity
The general consumer price index reached 223.6 points in April 2024. On a monthly basis, food and beverage prices decreased by 0.9 percent, while on an annual basis, they increased by 37.6 percent
Egyptian Minister of International Cooperation, Dr. Rania Al-Mashat, held a bilateral discussion session with Ambassador Peter Mollema, the Dutch Ambassador to Cairo, to discuss joint work files and follow up on the implementation of programs and projects
Cairo's tourism and hospitality sector is being strengthened through cross-border collaborations, an increase in foreign direct investment (FDI), and a LE 50 billion initiative to enhance tourism.
The Central Bank of Egypt released figures confirming an increase of $696 million in net international reserves during April, underscoring the country's growing economic strength
The meeting aimed to explore opportunities to attract foreign buyers and generate new foreign exchange sources for the Egyptian economy
A detailed report of the observations collected by multiple ministries regarding the proposed changes was presented during the meeting
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