World Bank lowers Egypt’s 2024 growth forecast to 2.4%
The World Bank has revised down its forecast for Egypt’s economic growth in 2024, projecting real GDP expansion of just 2.4%, compared to 3.8% in 2023. A moderate recovery is…
Ongoing genocide in Gaza amid escalating international alarm
The Israeli occupation army continues its intensive operations across the Gaza Strip, causing mounting casualties each day amid a worsening humanitarian catastrophe and looming famine. International warnings about an imminent…
Egypt unveils 10-year investment plan for healthcare sector
Prime Minister Mostafa Madbouly chaired a high-level meeting on Tuesday to present the government’s investment vision for the healthcare sector over the next decade. The meeting was attended by Deputy…
Egypt’s foreign trade totals $64.9bn in H1 2024/25: CBE
Egypt’s total foreign trade reached approximately $64.923bn during the first half (H1) of the fiscal year 2024/25, according to a recent report issued by the Central Bank of Egypt (CBE).…
Egypt targets 30 million tourists by 2031 under new investment plan
Egypt targets 30 million tourists by 2031 under a new investment plan for its tourism and antiquities sectors. The target was part of a government strategy to increase foreign direct…
EBRD backs Egypt’s first private-to-private electricity contracts
Egypt has taken a significant step towards energy market liberalisation with the approval of its first private-to-private (P2P) electricity contracts. Under a new pilot scheme, developed with technical support from…
Egypt’s university hospital budgets triple to EGP 28bn over 9 years: Minister
Minister of Higher Education and Scientific Research, Ayman Ashour, announced that Egypt’s university hospital system has undergone an unprecedented transformation in the 2024/25 fiscal year, driven by the state’s prioritisation…
Opinion | Between Agreement and War: Israel’s Strategic Dilemma over a Possible US-Iran Nuclear Deal
Israel harbours deeper concerns over US President Donald Trump’s potential nuclear deal with Iran than it ever did regarding the agreement negotiated under Barack Obama. According to Tel Aviv, the…
Opinion | The Evolving Role of the Translator in the Age of Artificial Intelligence: A Journey of Adaptation, Not Replacement
Just weeks ago, I had the pleasure of participating virtually in the International Conference on Language and Translation Technologies held in Canada — a participation made possible by the very…
Laboratorium: Russian scientists develop material for early-stage fire suppression
Laboratorium – Russian scientists have developed a material designed for autonomous fire suppression at an early stage in devices such as mobile phones, laptops and electric vehicles. The material is…