In a landmark moment underscoring Egypt’s rising stature on the global economic stage, Ministers Hassan El-Khatib and Rania Al-Mashat, respectively heading the Ministries of Investment & Foreign Trade and …
Economy
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Economy
CI Capital Asset Management Launches Egypt’s First Sustainable Equity Fund: “Misr Green – Sustainability (ESG) Fund”
In a groundbreaking move toward aligning capital markets with sustainability goals, CI Capital Asset Management (CIAM) — Egypt’s largest asset manager and a Forbes Top 40 MENA asset manager — …
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Dr. Rania Al-Mashat, Egypt’s Minister of Planning and Economic Development, and Makhtar Diop, Managing Director of the International Finance Corporation (IFC), jointly inaugurated the newly renovated IFC office in Cairo. …
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Egypt’s Prime Minister Mostafa Madbouly emphasized the country’s strategic pivot to private-sector-led growth, unveiling a suite of structural reforms, funding mechanisms, and regulatory frameworks designed to empower entrepreneurs and attract …
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EconomyHighlights
President El-Sisi Meets with IFC CEO to Boost Private Sector Investment and Economic Cooperation
The Egyptian President Abdel Fattah El-Sisi met today with Makhtar Diop, CEO of the International Finance Corporation (IFC), to discuss expanding financial cooperation, boosting private sector investment, and enhancing Egypt’s …
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EconomyHighlights
World Bank Upgrades Egypt’s Economic Outlook, Projects Gradual Growth Through FY2026/27
The World Bank has raised its forecast for Egypt’s real GDP growth in the 2024/2025 fiscal year to 3.8%, up from an earlier estimate of 3.5%, citing signs of stabilization …
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EconomyHighlights
Egypt Rises to Second Place in Africa’s New Public Service Delivery Index, Tops Power Infrastructure
In a striking debut of the African Development Bank’s Public Service Delivery Index (PSDI), Egypt has emerged as the second-best performing nation across Africa—a testament to the country’s ambitious reform …
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EconomyHighlightsNews
Egypt’s Planning Ministry Unveils $660 Million Investment Plan for Matrouh Governorate
The Egyptian Ministry of Planning, Economic Development, and International Cooperation has released its detailed investment blueprint for Matrouh Governorate, targeting 206 development projects with a total investment of EGP 20.4 …
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EconomyHighlights
Egypt Launches Next-Gen. Export Rebate Program with EGP 45 Billion Budget for FY 2025/2026
Egypt’s government has unveiled the full details of its restructured export rebate program for fiscal year 2025/2026, allocating EGP 45 billion in what officials describe as a landmark move to …
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In a move redefining Egypt’s entrepreneurial ecosystem, the Commercial International Bank (CIB), the nation’s foremost private-sector bank, has announced a strategic partnership with Lantern Ventures, a pioneering venture studio. The …
