Tag: Egypt

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Egypt targets 78% debt-to-GDP by 2027, posts 5% Q3 growth despite regional conflict

Egypt’s newly approved state budget aims to reduce the debt-to-GDP ratio to approximately 78% by June 2027 and cut external debt by $1bn to $2bn, Prime Minister Mostafa Madbouly announced on Wednesday, as the economy recorded a 5% growth rate in the third quarter despite the regional fallout from the US-Iran war. Economic Growth and

Egypt heatwave to intensify starting June

The Egyptian Meteorological Authority has released the weather forecast for the current week, warning of a gradual rise in temperatures across the country coinciding with the first days of June. The weather will be mild in the early morning, turning hot during the day across Greater Cairo and Lower Egypt...

Egypt guarantees a summer free of power cuts

The Egyptian Ministry of Petroleum has confirmed that there will be no power outages or load-shedding schedules during the current summer season. According to Ministry Spokesperson Mahmoud Naji, key measures have been implemented to permanently secure the country’s electricity needs. These include operating regasification units in Sokhna and Damietta to handle peak consumption, alongside securing

Egypt elevates airport alert levels amid global Ebola concerns

FILE PHOTO: A medical worker wears a protective suit as he prepares to administer Ebola patient care at The Alliance for International Medical Action (ALIMA) treatment center in Beni, North Kivu province of the Democratic Republic of Congo September 6, 2018. REUTERS/Fiston Mahamba/File Photo Amid rising global concern over an Ebola outbreak centered in the

Egypt sets 2030 tourism goal: 300,000 hotel rooms through investment reform

Egypt is charting an ambitious course to expand its hospitality capacity to 300,000 hotel rooms by 2030, according to Mostafa Mounir, CEO of the Egyptian Tourism Authority (ETA). The initiative forms part of a broader strategy to restructure tourism investment and unlock the country’s vast potential as a global destination...

Egypt as a Global Operations Hub: How It Got Here, and a Framework for Where It Goes Next

In 2003, a newly established subsidiary of Telecom Egypt called Xceed began its first contact center operations in Cairo, handling customer-facing communications for global companies. Its early contracts were straightforward: inbound voice support, handled in Arabic, English, and French. At the time, India, China, and Malaysia dominated the global outsourcing conversation, with Egypt not even

Egypt, Kenya deepen health, pharmaceutical cooperation to strengthen African health security

Egypt and Kenya have explored ways to expand cooperation in healthcare and the pharmaceutical industry, as Egyptian Health Minister Khaled Abdel Ghaffar took part in the Global Health Summit Nairobi. According to Egypt’s health ministry, Abdel Ghaffar led the country’s official delegation to the summit, which focuses on digital health transformation...

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