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 …
Economy
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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 …
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EconomyHighlights
At Cairo Forum, Egypt’s Planning Minister Champions Deeper Economic Ties with Switzerland and Women’s Financial Empowerment
At the annual event hosted by the Swiss Chamber of Commerce in Egypt under the theme “Egypt and Switzerland: A Journey of Progress Through Leadership,” Egypt’s Minister of Planning, Economic …
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In a landmark move toward transparent, participatory governance, Egypt’s Ministry of Planning, Economic Development, and International Cooperation has unveiled its 2024/25 “Citizen Investment Plan” for the capital city of Cairo—an …
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Dr. Rania Al-Mashat, Minister of Planning and Economic Development, received Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), during his visit to Egypt to discuss the ongoing strategic …
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Egypt’s Minister of Planning, Dr. Rania Al-Mashat, announced the launch of the “National Economic Development Narrative” next month, a strategic initiative aimed at driving Egypt’s economic growth and ensuring …
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EconomyHighlights
Manal Awad Says Local Development Fund Is Key for Women and Youth Economic Empowerment
Dr. Manal Awad, Minister of Local Development, emphasized the ministry’s strong commitment to the Local Development Fund, considering it one of the most effective tools for supporting small and micro …