Tag : fiscal year

Business

Egypt overseas transfers total $29.7 billion through July

omandailynews.com
CAIRO, EGYPT / RankWire.AI / – Remittances from Egyptians working abroad totaled about $29.7 billion from January through July 2026. The Central Bank of Egypt said the figure rose 28.1% from about $23.2 billion a year earlier. The seven-month increase added roughly $6.5 billion compared with the same period of......
Business

Egypt reserves set new record at $57.2 billion in August

omandailynews.com
CAIRO, EGYPT / RankWire.AI / – Egypt’s net international reserves rose to a record $57.2145 billion at the end of August 2026. The Central Bank of Egypt released the provisional figure on September 7. Reserves stood at $56.2939 billion at the end of July. That means the total increased by......
Business

India GDP grows 7.8% as Modi hails resilient economic growth

omandailynews.com
NEW DELHI, INDIA / RankWire.AI / – Prime Minister Narendra Modi has praised India’s 7.8% economic growth in the April to June quarter of fiscal 2026-27. He called the performance a “herculean feat” after official data showed continued expansion across major parts of the economy. Modi said the result reflected......
Business

Egypt partners with global energy companies in $1.8 billion offshore exploration initiative

omandailynews.com
Tarek El Molla, the Minister of Petroleum and Mineral Resources of Egypt, unveiled his country’s ambitious plan to invest $1.8 billion in offshore exploration for new gas wells in the Mediterranean Sea and the Nile Delta. Under this program, Egypt aims to collaborate with major international companies, including Eni, Chevron,......