Egypt’s Minister of Planning, Dr. Rania Al-Mashat, took center stage at the International Monetary Fund’s (IMF) inaugural research conference for the Middle East and North Africa, held in Cairo …
Economy
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EconomyHighlights
Egypt Expands Tax Reform Campaign with New Incentives to Boost Formal Economy and Business Compliance
Egypt’s Tax Authority (ETA) is intensifying its national awareness campaign to promote a sweeping package of tax incentives and procedural simplifications, designed to integrate the informal economy into the formal …
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EconomyHighlights
EBRD and Egypt Launch Ambitious “Green Cairo” Plan to Transform Capital into Sustainable Metropolis
In a landmark move toward climate-conscious urban development, the European Bank for Reconstruction and Development (EBRD), in partnership with the Egyptian government, has unveiled a comprehensive plan to transform Cairo …
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The European Union has announced a new financial aid package for Egypt worth €4 billion, aimed at supporting the country’s economic stabilization efforts in collaboration with the International Monetary Fund …
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EconomyHighlights
Egypt and the EU Deepen Strategic Economic Partnership as Minister Al-Mashat Meets EU Commissioner for International Partnerships
ChatGPT said: Egypt and the European Union took another significant step toward solidifying their burgeoning strategic alliance this week, as Dr. Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and …
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EconomyHighlights
AfDB to Back Egypt’s Samurai Green Bond with $400 Million Guarantee, Eyes $1.5 Billion in Two-Year Investments
In a bold move to reinforce Egypt’s green financing capacity and diversify its access to international capital markets, the African Development Bank (AfDB) plans to provide a $400 million partial …
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EconomyHighlights
Egypt Charts Economic Recovery with Bold 2025/26 Development Plan, Says Minister Al-Mashat
Egypt has entered what officials are calling a decisive phase in its economic recovery, unveiling a comprehensive development blueprint for fiscal year 2025/2026 that aims to reinforce macroeconomic stability, stimulate …
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EconomyHighlights
IOSCO 2026 Heads to Egypt: Sharm El-Sheikh to Host World’s Leading Securities Regulators
Egypt’s Financial Regulatory Authority has been selected to host the 51st Annual Conference of the International Organization of Securities Commissions (IOSCO) in 2026. The decision, announced during IOSCO’s 2025 annual …
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EconomyHighlights
Egypt’s Planning Minister Champions Women’s Economic Empowerment at EBRD Annual Meeting in the UK
Egypt’s Minister of Planning, Dr. Rania Al-Mashat, underscored the crucial role of women in driving global economic change during a high-level panel session titled “Transforming Financial Systems to Empower Women …
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EconomyHighlightsNews
Housing and Development Bank Doubles Net Profit to EGP 4.8 Billion, Reinforces Strategic and CSR Leadership
Housing and Development Bank (HDB) has reported a 98.7% year-on-year increase in net profit, reaching EGP 4.821 billion for the period ending March 31, 2025. This strong performance marks a …