Egypt’s Ministry of Planning has reported a significant 4.3% GDP growth for the second quarter of the fiscal year 2024/2025, a notable increase compared to the 2.3% growth achieved during …
Economy
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EconomyHighlights
Egypt Advances Green Investment with National Green Smart Projects Initiative and NWFE program
In a strategic move toward sustainable development, Egypt is reinforcing its green economy initiatives through the National Green Smart Projects Initiative, launched under the auspices of President Abdel Fattah …
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EconomyHighlights
Egypt and EU Discuss Key Regional Issues and Approve Second Tranche of €4 Billion Financial Package
Dr. Badr Abdel-Aty, Egypt’s Minister of Foreign Affairs and Immigration, hosted Mrs. Josep Borrell, the High Representative of the European Union for Foreign Affairs and Security Policy, for political consultations …
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Al Tadamun Microfinance Foundation and QNB Al Ahli, a subsidiary of QNB Group, have reinforced their strategic alliance through the renewal of a EGP 195 million credit facility, a financial …
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EconomyHighlights
Egypt’s Ministers of Planning and Environment Discuss Investment Strategies for Sustainable Green Future
For integrating environmental sustainability into national development, Dr. Rania Al-Mashat, Minister of Planning and Economic Development , and Dr. Yasmine Fouad, Minister of Environment, convened to discuss the investment priorities …
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EconomyHighlights
Development Partners and UN Agencies Hail E-INFF For Catalyzing Sustainable Development
Egypt has unveiled its National Integrated Financing Strategy (E-INFF), a landmark initiative aimed at streamlining and optimizing funding mechanisms to achieve sustainable development goals. The launch, celebrated by a wide …
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EconomyHighlightsNews
Prime Minister Refutes Claims of Banque du Caire Sale, Confirms Government’s Public Offering Plan
Egypt’s Prime Minister, Moustafa Madbouly, has firmly denied recent media reports suggesting that Banque du Caire is set to be sold, labeling these claims as “baseless.” During a press conference …
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In a landmark event attended by Dr. Mostafa Madbouly, Prime Minister of Egypt, Dr. Rania Al-Mashat, Minister of Planning and Economic Development and International Cooperation, presented Egypt’s first-ever National Integrated …
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EconomyHighlights
Minister of Planning, Mastercard Vice Chairman Discuss Digital Innovation Collaboration
In a significant move towards enhancing collaboration between the Egyptian government and global tech giants, Dr. Rania Al-Mashat, Minister of Planning, met with John Huntsman, Vice Chairman of Mastercard …
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EconomyHighlights
Ministry of Planning Reviews Investment Plan for FY 2024/2023 and Prepares for Next Year’s Strategy
During her meeting with the Senate’s Financial, Economic, and Investment Affairs Committee, Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, reviewed the Ministry’s report on the performance …
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