Egypt’s Finance Minister, Ahmed Kouchouk, met with representatives from leading financial institutions and investment banks during the annual meetings of the IMF and World Bank in Washington. Key participants included …
Economy
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The World Bank President, Ajay Banga, has lauded Egypt’s economic reforms and state-led investment platforms, reaffirming the country’s status as a key partner for the global financial institution. During a …
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The General Authority for Investment and Free Zones (GAFI) hosted a workshop to outline the strategic directions for Egypt’s 2025-2030 foreign direct investment (FDI) strategy. This initiative, supported by the …
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Egypt’s Ministry of Local Development and the Micro, Small, and Medium Enterprise Development Agency (MSMEDA) have signed a strategic cooperation protocol to create a more conducive environment for small businesses …
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Egypt’s trade exchange with the BRICS countries (Brazil, Russia, India, China, and South Africa) has witnessed a steady increase in the first eight months of 2024. According to data from …
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The International Monetary Fund (IMF) has reported that Egypt has experienced net positive portfolio inflows, particularly into local currency bonds, in recent months. This is a positive development for the …
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The Egyptian government has reportedly requested an extension from the International Monetary Fund (IMF) regarding the timeline for implementing economic reforms tied to its loan program. According to an anonymous …
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The House of Representatives has approved Egypt’s contribution to the capital increase of the International Finance Corporation (IFC), a key member of the World Bank Group. As part of this …
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Egyptian President Abdel Fattah Al-Sisi arrived in Kazan on Tuesday for the 16th BRICS Summit, marking Egypt’s first participation in the group since its official accession earlier this year. The …
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In a strategic move to bolster microfinance accessibility in Egypt, Al Tadamun Microfinance has entered into a significant EGP 150 million credit facility agreement with Commercial International Bank (CIB). This …
