Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), convened a meeting with senior officials to discuss the implementation of key tax facilitation measures. The meeting, following directives from …
Economy
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Under the esteemed patronage and in the presence of H.E. Prof. Dr. Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development and Minister of Health and Population, in the presence …
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The Central Bank of Egypt (CBE) has reported a significant decline in Egypt’s external debt, which decreased by approximately $11.8 billion during FY 2023/2024. By June 2024, the country’s …
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EconomyHighlights
Minister of Planning in Talks with NCW Chairperson on Egypt’s National Strategy for Women’s Empowerment 2030
Egypt’s Minister of Planning, Dr. Rania Al-Mashat, , held a meeting with Counselor Amal Ammar, Chairperson of the National Council for Women, to discuss ongoing efforts and strategic initiatives aimed …
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EconomyHighlightsNews
Egypt’s Central Bank Strengthens Efforts to Combat Money Laundering with New Guidelines for Identifying True Beneficiaries
The Central Bank of Egypt (CBE), in collaboration with the Egyptian Money Laundering and Terrorist Financing Combating Unit (EMLCU), has introduced new guidelines aimed at helping banks accurately identify …
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President Abdel Fattah El Sisi has issued Decree No. 250 of 2024, approving the fourth amendment to a grant aid agreement focused on comprehensive economic governance between Egypt and …
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EconomyHighlights
Minister Rania Al-Mashat Delivers Keynote Address at the Egyptian-Greek-Cypriot Business Forum
Conceding with the 10th Tripartite Summit between Egypt, Greece, and Cyprus, Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, delivered the keynote address at the opening session …
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In 2024, the Micro, Small, and Medium Enterprise Development Agency (MSMEDA) marked significant progress in driving Egypt’s economic transformation, with a special emphasis on women’s empowerment and rural development. Under …
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Inflation in Egypt has shown signs of easing, with the rate slowing down to 24.1% in December 2024 on an annual basis, compared to 25.5% in November. According to the …
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EconomyHighlightsNews
President Abdel Fattah El-Sisi Approves 50% Increase in Egypt’s Share of the IMF
For strengthening Egypt’s position in the global financial system, President Abdel Fattah El-Sisi has approved a 50% increase in the country’s share in the International Monetary Fund (IMF). The Presidential …
