In a key announcement during a panel at “People and Banks” 2025, Soha El-Turky, Deputy CEO of the National Bank of Egypt (NBE), confirmed that the bank plans to double …
Economy
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Egypt’s economic reform efforts and the banking sector’s expanding role in sustainable development were key themes at Cairo ICT 2025, where policymakers and financial leaders convened to explore the intersection …
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CEOs' ArticlesEconomyHighlights
From Impression to Analysis: What International Performance Indicators Reveal about Egypt
I’ve been often accused of favoring criticism over praise — of writing from the attack angle rather than accentuating the positive. Admittedly, my style tends to focus on what remains …
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EconomyHighlights
FATF Recognizes Egypt as Global Model for Balancing Financial Inclusion and Anti-Money Laundering Compliance
The Financial Action Task Force (FATF) has officially recognized Egypt’s experience as a global best practice in balancing financial inclusion with robust compliance to anti-money laundering (AML) and counter-terrorism financing …
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EconomyGaza NEWSHighlights
Egypt Backs Peace Deal With Economic Optimism and Presidential Honor for Trump
Egypt’s Minister of Planning and Economic Development, Rania Al-Mashat, emphasized the far-reaching economic benefits of the newly brokered Gaza peace deal in a Bloomberg interview with anchor Joumanna Bercetche. Al-Mashat …
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EconomyHighlights
Egypt’s Economy Grows 5% in Q4 of FY 2024/2025, Annual Growth Reaches 4.4%—Highest in Three Years
Egypt’s economy recorded a 5% growth rate in the fourth quarter (Q4) of FY 2024/2025, pushing the annual growth rate to 4.4%, according to data released today by the Ministry …
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EconomyHighlights
Egypt, World Bank Deepen Strategic Partnership to Support Economic Reforms and Green Transition
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Dr. Rania Al-Mashat, held high-level talks with Anshula Kant, Managing Director and Chief Financial Officer of the World Bank Group, to …
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EconomyHighlights
Egypt’s New Companies Law to Streamline Approvals Within “Golden License” Timeline, Says GAFI CEO
The General Authority for Investment and Free Zones (GAFI) announced that the upcoming Companies Law will include a provision requiring all government approvals to be completed electronically within 20 working …
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EconomyHighlights
Egypt’s Ministers of Planning and Social Solidarity Align Strategies on FY 2025/26 Investment Plan and National Economic Narrative
Egypt’s Minister of Planning, Dr. Rania Al-Mashat, held high-level talks with Dr. Maya Morsy, Minister of Social Solidarity, to review the Ministry of Social Solidarity’s investment plan for fiscal year …
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EconomyHighlights
Egypt’s Tax Authority Accelerates Second Tax Facilitation Package with Focus on SMEs, VAT Refunds, and E-Commerce Reform
Egypt’s Tax Authority (ETA) is finalizing a second package of tax facilitations, aimed at streamlining tax procedures, improving VAT refund processes, and enhancing support for small and medium-sized enterprises (SMEs), …
