Egypt is working to secure the country’s needs for essential goods and petroleum products amid a recent surge in oil prices and regional tensions, Prime Minister Mostafa Madbouly said.
Gold prices jumped during Wednesday’s session, September 16, as investors awaited the US Federal Reserve's upcoming decision on interest rates for further direction.
Fawry and diversified regional business Al-Futtaim have signed a strategic partnership to integrate payments, rewards, customer engagement, and flexible financing solutions at Cairo Festival City Mall, as per an emailed press release.
Real estate developer Emaar Misr has signed two construction contracts totaling EGP 14 billion with Rowad Modern Engineering and Innovo Group for the Infinity Beach and Island Living projects at Marassi Red Sea, as per an emailed press release.
Passenger traffic growth in Egypt is expected to exceed the global average, ranging between 3.4% and 3.8% over the 2024–2050 period, the Information and Decision Support Center (IDSC) said, citing the International Air Transport Association (IATA).
