Egypt Achieves 5.3% Economic Growth in Q2

Egyptian Planning Minister Ahmed Rostam reported a significant growth in the country's economy in the second quarter of the fiscal year, reaching 5.3%, an improvement compared to the same period last year.

Egyptian Planning Minister Ahmed Rostam announced on Wednesday that Egypt has achieved an economic growth of 5.3% in the second quarter of the fiscal year 2025-2026, compared to 4.3% in the same period of the previous year. This marks a significant improvement in the country's economic performance.

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2026-04-01T23:17:12+00:00

Egypt's Ministry Denies Fuel Price Hike Rumors

Egypt's oil ministry has denied reports of a planned fuel price hike starting April 2, 2026, stating the rumors are false and urging citizens to rely only on official information.

Economy Country

2026-04-01T13:56:27+00:00

Anan Holding Board Approves Capital Increase

The Board of Directors of Anan Holding Company for Investment has approved a capital increase through a private subscription. This decision is part of a strategy to expand operations and enhance investment potential. The capital increase will finance new projects and strengthen market position.

Economy Country

2026-03-31T15:08:08+00:00

Egypt Launches New Gas Well to Support Local Market

Egypt's Cabinet announced the start of gas production at the new Fayoum-4 field, which will boost local supplies and reduce import costs. The project is implemented in cooperation with international companies.

Economy Politics Country

2026-03-31T02:04:34+00:00

Egypt and Cyprus Sign Gas Cooperation Agreement

Egypt and Cyprus have reached a significant energy agreement by signing a framework document for joint cooperation in the gas sector. This step opens new prospects for the region and strengthens bilateral relations.