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Today: March 28, 2025
Today: March 28, 2025
Patrick Werr

Patrick Werr

Staff Writer

Latest From Patrick Werr

Economy|World

Suez Canal diversions pile pressure on Egypt's distressed economy

A sharp downturn in revenue after sea attacks by Yemen's Houthis diverted away shipping away from the Suez Canal has struck a painful new blow to Egypt's already

Suez Canal diversions pile pressure on Egypt's distressed economy
Africa|Economy|Finance

Egypt economy seen growing slower after IMF deal before picking up- Reuters poll

Egypt's economy will grow slower than previously expected this year after it signed an $8 billion financial support package with the IMF that came with conditions,

Egypt economy seen growing slower after IMF deal before picking up- Reuters poll
Economy|Finance|News|World

Upturn in Egypt's economic fortunes tempered by caution on reform

Egypt appears on track to break with past practice and let its currency float in line with IMF-backed reforms, but structural changes that could pull

Upturn in Egypt's economic fortunes tempered by caution on reform
Business|Economy|Finance|News|World

Egypt's economy to grow by 4.0% in 2024/25, analysts predict: Reuters poll

Egyptian economic growth will be slightly slower this year than thought in April following a $8 billion agreement signed with the International Monetary Fund in March

Egypt's economy to grow by 4.0% in 2024/25, analysts predict: Reuters poll
Economy|Finance|News

Egypt central bank expands lending to government, but inflation slows

Lending to the government by Egypt's central bank continued to climb in the last fiscal year, according to the central bank's newly released annual budget, even as

Egypt central bank expands lending to government, but inflation slows
Africa|Economy|Finance|World

Egypt economy seen growing as IMF measures run course: Reuters poll

Egypt's economic growth will increase to 4.0% in the year to the end of June 2025 as austerity measures imposed under an International Monetary Fund programme run

Egypt economy seen growing as IMF measures run course: Reuters poll
Business|Economy|Finance

Suez Canal Economic Zone set for rapid expansion - chairman

Egypt's Suez Canal Economic Zone (SCEZ) has invested $3 billion on infrastructure over the past few years and has plans to invest a similar amount

Suez Canal Economic Zone set for rapid expansion - chairman

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