President Abdel Fattah al-Sisi has issued Decree No. 452 of 2023, which approves a loan agreement worth $500 million with Deutsche Bank and the Arab Banking Corporation (ABC) for the …
Economy
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EconomyHighlights
Egypt’s Minister of Planning Discusses Future Partnership with New JICA Representative
Dr. Rania El-Mashat, Egypt’s Minister of Planning, held a meeting with Mr. Ebisa Yu, the new Chief Representative of the Japan International Cooperation Agency (JICA) in Egypt. The meeting, attended …
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Dr. Mostafa Madbouly, Egypt’s Prime Minister, began his tour of the integrated Sokhna industrial zone by inaugurating the newly developed Customs Logistics Center, established in partnership with Agility. This …
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Egypt has partnered with Chinese tech giant GRG Banking and Egypt’s IST to establish the first ATM manufacturing plant in the Middle East and Africa. This collaboration is poised …
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EconomyHighlights
Egypt’s PM Ministers Embark on Extensive Tour of Projects in the Integrated Sokhna Area
Dr. Mostafa Madbouly, Egypt’s Prime Minister, commenced an extensive tour this morning of several projects in the Integrated Sokhna Area, located within the Suez Canal Economic Zone. The tour includes …
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Head of the Egyptian Tax Authority (ETA), Rasha Abdel Aal, and Head of the Accounting and Auditing Division at the Syndicate of Commercial Professions, Mahmoud El-Naghi, have formalized a …
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EconomyHighlights
FRA Participates in the Launch of Fintech Landscape Report in Egypt, in Collaboration with the Dutch Embassy
The Financial Regulatory Authority (FRA) participated in the launch event for the Financial Technology Environment Report in Egypt, organized by Intilaq in collaboration with the Dutch Embassy. This event …
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Dr. Maya Morsy, the Minister of Social Solidarity and Chair of the Board of Directors of Nasser Social Bank, chaired a meeting of the bank’s board of directors. The meeting …
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EconomyHighlights
Finance Minister Outlines Tax Reforms and Economic Initiatives at EBA’s Panel Discussion
In a discussion panel at the Egyptian Businessmen’s Association (EBA), Finance Minister, Ahmed Kouchouk, underscored that expanding the tax base in a fair and stimulating manner is a priority. He …
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EconomyHighlights
Egypt’s Planning Min. Explores Bilateral Cooperation Avenues with Bahrain’s Sustainable Development Min.
During the Egyptian-Bahraini Governmental Committee’s session, Egypt’s Minister of Planning, Dr. Rania Al Mashat, met with H.E. Noor bint Ali Khalifa, Bahrain’s Minister of Sustainable Development and CEO of the …