Egypt economy

Egypt’s revenue from the Suez Canal plunged sharply in 2024

Egypt’s revenue from the Suez Canal plunged sharply in 2024

  • Canal traffic has been significantly disrupted after Yemen’s Iran-backed Houthi rebels started to threaten maritime trade
By AP ·

Moody’s affirms Egypt’s Caa1 rating with positive outlook

Moody’s affirms Egypt’s Caa1 rating with positive outlook

By Nirmal Narayanan  ·

Remittances from Egyptian expats sees 65% annual increase

Remittances from Egyptian expats sees 65% annual increase

By Nour El-Shaeri  ·