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Egypt

Egypt latest

Lionel Messi Argentina
July 9th, 2026 - 07:07 GMT
Sally Shakkour

Sally Shakkour

$1.8 billion bet was behind Argentina's victory over Egypt. What is it?

ALBAWABA - The controversial FIFA World Cup game between Egypt and Argentina still dominates talks on social media amid backlash, with a new theory emerging that a $1.8 billion bet was behind Messi's football team's victory. Argentina played and won against Egypt [3-2] on July 7 at Atlanta Stadium (officially known as Mercedes-Benz Stadium), but controversy accused FIFA of corruption over unfair refereeing. Activists lashed out at French referee Francois ...
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About 2,000 representatives of Egypt’s development partners, investors and high-level business figures from Egypt.
August 25th, 2019 - 07:21 GMT

Egypt to Host 'Invest in Africa 2019' Conference in November

The petroleum sector aims at encouraging global companies to pump new investments in the fields of research and exploration
August 14th, 2019 - 08:30 GMT

Egypt Targets Increasing the Daily Production of Crude Oil

In July 2018, Egypt's headline inflation rate was 13.5%.
August 8th, 2019 - 10:30 GMT

Egypt’s Consumer Price Inflation Slows to 8.7 Percent in July

In May, IMG said Egypt's efforts "in achieving macroeconomic stabilization, a recovery in growth, and an improvement in the business climate" have been successful.
August 7th, 2019 - 07:00 GMT

Egypt Receives Final $2 Billion Portion of IMF Bailout Package

The International Monetary Fund (IMF) has recently released its 2019 list of countries' GDP per capita. According to the list, these are the Arab countries from richest to poorest. It’s worth mentioning that the list didn’t mention any data related to Syria, Somalia, and Palestine.
August 1st, 2019

The Richest and Poorest Arab Countries

Of total tax revenue collected in the 2018-2019 financial year, 309 billion Egyptian pounds came from VAT
July 30th, 2019 - 07:30 GMT

Egypt to Amend Its Value-Added Tax Law

The GCC and Egypt’s economic growth and public finances improved in 2018 amid higher oil prices, infrastructure development, diversification programmes and fiscal reform.
July 28th, 2019 - 07:41 GMT

GCC Economic Growth to Rely Heavily on Non-Oil Activities

EU is a reliable partner of Egypt.
July 24th, 2019 - 06:30 GMT

Egypt, EU Discuss Future Projects for 2020

The report underlined that the economic reform program made investments and net exports the main drives for GDP growth instead of consumption.
July 17th, 2019 - 01:00 GMT

World Bank's Stand on Egypt’s Economic Reforms

This collaboration was originally intended to improve the quality of lives in Egypt by boosting the economy and decreasing unemployment.
July 16th, 2019 - 09:04 GMT

'Ministry of Happiness' in Egypt: Rumor or Fact?

They have steadily declined since 2014 as Egypt sought to become a regional energy hub.
July 13th, 2019 - 08:28 GMT

Egypt’s Arrears to Foreign Oil Companies Declined to $900 Million at the End of June

The sustained demand for office space has led to a spurt in project launches and completions over the past few quarters.
July 10th, 2019 - 09:14 GMT

Office Space Demand Surge in Egypt Due to Large-Scale Projects

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