Egypt’s diaspora remittances reach record US$47.3 billion
Remittances from Egyptians working abroad reached a record US$47.3 billion in the 2025–2026 financial year, representing ...
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Tag: Egypt economy
Egypt Remittances Climb to 29.4 Billion US Dollars in Eight Months
Remittances sent by Egyptians living abroad have risen sharply during the current fiscal cycle, underscoring their ...
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Egypt Secures $1.8 Billion Renewable Energy Investment
Egypt has formalised agreements totalling over $1.8 billion to establish two large-scale renewable energy and battery ...
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Egypt’s Foreign Reserves Reach Historic High Following Economic Recovery
Egypt’s net international reserves (NIRs) have risen to a historic peak of 50.07 billion US dollars ...
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47 Vessels Rerouted to Suez Canal Following Shifting Maritime Dynamics
The Suez Canal, a vital maritime passage that significantly reduces transit times between Europe and Asia, ...
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Suez Canal Revenue Plummets by 60% in 2024 Amid Regional Instability
The Suez Canal, one of the world’s most significant maritime trade routes, experienced a dramatic revenue ...
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Suez Canal Transit Revenues Plummet Amid Regional Turbulence
The Central Bank of Egypt (CBE) has reported a stark 57.2 percent drop in Suez Canal ...
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The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.