Egypt develops application “Price Radar” for reviewing and reporting commodity sale prices

Sun, 07 Apr 2024 - 11:45 GMT

Egypt is preparing to launch two applications in July as part of efforts to curb price inconsistencies, enabling users to view and report commodity prices, according to a cabinet statement

Volume of Egypt's non-oil trade deficit hits $9.3B in Q4 of 2023

Wed, 27 Mar 2024 - 01:15 GMT

IDSC's data revealed that China emerged as Egypt's most significant trading partner, with a trade exchange volume of $3.4 billion during Q4 of 2023.

Adopting new flexible FX policy should settle pound at LE 39.61 against USD by 2028: IDSC

Mon, 08 Jan 2024 - 05:33 GMT

The government’s 2030 strategy included driving inflation down to 9.2 percent on average between 2024 and 2028, with a further decline to 5 percent by 2030

Egypt to become active player in establishing joint Arab market for electricity in 2024-2030: IDSC

Mon, 08 Jan 2024 - 09:28 GMT

The project considers macroeconomic trends, as well as trends at the level of the economic and social sectors that support the renaissance of the Egyptian state.

IDSC reports 15% decline in Egypt’s non-oil trade deficit

Mon, 18 Dec 2023 - 04:02 GMT

In its quarterly non-oil merchandise exports report, the IDSC reported an increase of 10.4 percent in non-oil exports during the July-September period to reach $8.5 billion compared to the $7.7 billion recorded in Q3 2022

Egypt forecasts LE70B in revenues from IPO program by end of fiscal year

Wed, 08 Nov 2023 - 05:50 GMT

The IDSC stressed the importance of governance, transparency, and regulation of markets, with the goal of fostering competitiveness in the Egyptian economy

BRICS 'gateway' to enhance global status, influence of developing and emerging countries: IDSC

Thu, 24 Aug 2023 - 12:56 GMT

The IDSC pointed out that BRICS is a global economic bloc whose concept of establishment was initiated in 2006.

Egypt ranks first in volume of foreign investment flows in Africa: UNCTAD

Wed, 16 Aug 2023 - 03:21 GMT

In another report released by UNCTAD, Egypt came first in the volume of flows of foreign investment into the African continent in 2022, hitting 25%, followed by South Africa and Ethiopia.

Egypt accounts for 50% of global jasmine production

Mon, 17 Jul 2023 - 06:19 GMT

The global production of jasmine is approximately 14 tons, with Egypt producing about 7 tons.

IDSC: Egypt tops list of MENA countries sealing deals with startups in 2022

Sun, 05 Mar 2023 - 02:57 GMT

The Cabinet’s Information and Decision Support Center (IDSC), in an infographic report Sunday, pointed out that Egypt signed 160 agreements with emerging firms in 2022.

Egypt ranking stable at 2023 Agility's Emerging Markets index: IDSC

Sun, 05 Mar 2023 - 02:49 GMT

Egypt ranked 21st out of 50 countries, registering 5.06 points compared to 5.0 points in 2022.

IDSC: Egypt to become regional hub for electronics

Wed, 08 Feb 2023 - 09:10 GMT

Three global companies started to produce mobile phones in the country at total investments of LE 2 billion and an annual production capacity of 20 million phones, the center said.

Egypt among top 10 world's fastest growing economies in 2022: IDSC

Fri, 30 Dec 2022 - 01:32 GMT

The center said that many developments took place in 2022 in spite of the international crises that cast a shadow on various economies.

Egypt's population to reach 160 million by 2050: IDSC

Mon, 12 Dec 2022 - 10:57 GMT

Egypt’s Information and Decision Support Center (IDSC) said Monday that Egypt's population is expected to reach 160 million by 2050.

Egypt’s education quality improves, ranked 42nd globally

Mon, 24 Oct 2022 - 06:25 GMT

Egypt has placed education quality among its priorities since 2014 as it embarked on improving education services.

IDSC: Egypt first investment destination for Arab sovereign funds in 2022

Tue, 27 Sep 2022 - 07:35 GMT

The Cabinet's Information and Decision Support Center (IDSC) said that Egypt is the first investment destination for Arab sovereign funds in 2022, foremost among which are the Saudi and Emirati investments.

45.1% of households say food waste 'prevalent' in Egyptian society: IDSC

Thu, 15 Sep 2022 - 12:56 GMT

The unfolding crisis in Ukraine has roiled commodity markets and posed threat to global food security, the IDSC added.

Egypt ranks 4th in value of energy projects across Middle East, North Africa during 2022-2026: APICORP

Tue, 26 Jul 2022 - 11:55 GMT

According to APICORP’s report mentioned by the Egyptian Cabinet’s Information and Decision Support Center’s (IDSC), the value of energy projects in Egypt, including those planned or being implemented, during the period until 2026 total around $100 billion.

Egypt tops Arab countries in wind power, solar energy: IDSC

Mon, 25 Jul 2022 - 02:25 GMT

The Cabinet's Information and Decision Support Center said Monday Egypt tops a list of Arab countries in the production of wind power and solar energy, with highest 3.5 GW capacity.

Egypt ranks 2nd in Africa in FDI inflows in 2021/2022- IDSC

Mon, 27 Jun 2022 - 04:32 GMT

The infographic highlights data in the report of the UN Conference on Trade and Development (UNCTAD) on FDI in Egypt, issued in June 2022 .