Economy

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met with Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB), during the bank’s annual meeting in Cape …

Egypt’s Minister of Planning, Rania Al-Mashat, held talks with Dilma Rousseff, President of the New Development Bank (NDB) on the sidelines of the ninth annual meeting for the NDB’s governors, …

Following the green light from the Central Bank of Egypt (CBE), Egypt will  launch its inaugural digital bank by the end of 2024. This groundbreaking development marks a key milestone …

MSMEDA has recently allocated 49% of all financing for medium, small, and micro projects to women, 49% to Upper Egypt, and 48% to individuals aged 40 and younger. Basil Rahmy, …

Egypt, a recent addition to the BRICS group, emphasized the significance of achieving sustainable development through inclusive growth, South-South cooperation, and multilateral partnerships at the 9th annual meeting of the …

The United Nations Capital Development Fund (UNCDF)-based “Better Than Cash Alliance” conducted an interview with Hassan Abdalla, the Governor of the Central Bank of Egypt (CBE). Under Governor Abdallah’s leadership, …

Egypt and South Africa have pledged to strengthen their collaboration to advance regional development, especially in Africa, as stated in a release following a meeting between Rania Al-Mashat, Egypt’s Minister …

According to the bank’s financial statement, the Central Bank of Egypt made a profit of EGP 22.83 billion ($468.71 million) for the fiscal year 2023/2024 after seven years. The central …

The Sovereign Fund of Egypt (TSFE) has appointed Noha Khalil as its new acting Chief Executive Officer (CEO). Khalil, previously serving as the fund’s Chief Strategy & Business Development Officer, …

In a meeting on Wednesday, 21st August 2024, Tourism Minister Sherif Fathy discussed additional incentives that could help achieve the desired outcomes in the tourism sector. The minister emphasized the …