The Micro, Small, and Medium Enterprises Development Authority (MSMEDA) and Erada for Micro Projects have entered into a significant financing agreement worth EGP 60 million, signed on January 19, 2025. …
Economy
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EconomyHighlights
Key Factors Driving Egypt’s Balance of Payments Deficit in Q1 FY 2024/2025:Sahar Damaty
Sahar Damaty, former Deputy Chairperson of Banque Misr, has attributed the recent shift to a deficit in Egypt’s balance of payments during the first quarter of FY 2024/2025 to several …
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EconomyHighlights
Al-Mashat Inaugurates 9th Egypt-EU Sub-Committee Meeting on Transport, Environment, and Energy
Egypt’s Minister of Planning, Dr. Rania Al-Mashat, inaugurated and chaired the 9th meeting of the Sub-Committee on Transport, Environment, and Energy between Egypt and the European Union. This meeting is …
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EconomyHighlightsNews
Official Gazette Publishes Presidential Decrees on Tax Agreement with Oman and Climate Change Grant Amendment
The Official Gazette has published Presidential Decree No. 320 of 2024, which approves the agreement between the Government of the Arab Republic of Egypt and the Government of the …
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In 2024, the European Bank for Reconstruction and Development (EBRD) committed over €1.4 billion to Egypt, making it the primary recipient of the Bank’s investments in the Southern and Eastern …
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EconomyHighlights
Dr. Rania Al-Mashat Outlines Egypt’s Vision 2026-2035 at Governors Forum of the IsDB Group
Dr. Rania Al-Mashat, Egypt’s Minister of Planning, and the country’s Governor at the Islamic Development Bank (IsDB), recently participated in the Governors Forum of the IsDB Group held in Medina, …
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EconomyHighlights
Egypt to Negotiate with EU for €4 Billion Funding to Support Budget: Al Mashat To Asharq
Egypt is set to begin negotiations with the European Union in April 2025 to secure financial support amounting to €4 billion for its national budget, according to Dr. Rania Al-Mashat, …
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EconomyHighlightsNews
Egyptian Stock Exchange Ready for Real Estate Exchange Launch, Awaiting Legislative Changes
Ahmed El-Sheikh, Chairman of the Egyptian Stock Exchange, announced that there are no obstacles to the launch of the real estate exchange and the trading of shares within it as …
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EconomyHighlights
Egypt’s Investment Minister Highlights Surge in Remittances During CIRA Care initiative Launch
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khateeb, recently reported a notable increase in remittances from Egyptians working abroad. During the first 10 months of 2024, these remittances rose …
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In a statement made today, Egypt’s Deputy Minister of Foreign Affairs highlighted the country’s continued dedication to enhancing the “Migration for Development” project, a key initiative aimed at leveraging migration …
