Cyprus President Nikos Christodoulides will travel to Cairo today for the highly anticipated 10th Cyprus-Greece-Egypt Trilateral Summit and the 2nd Cyprus-Egypt Intergovernmental Meeting. The summit will address a range …
Economy
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PayMint, a leading financial technology company, has announced the approval from the Central Bank of Egypt to launch its first prepaid “Meeza” card in collaboration with Abu Dhabi Islamic …
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EconomyHighlightsNews
6th of October City Turns into Sustainable Urban Model As Part of Egypt’s Green Cities Program with EBRD’s Support
In a bid to foster sustainable urban development and promote environmental responsibility, Egypt is advancing its Green Cities Program with the European Bank for Reconstruction and Development (EBRD). The goal …
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Egyptian Prime Minister Mostafa Madbouly has announced a new initiative valued at EGP 30 billion aimed at supporting the country’s industrial sector over the next five years. This initiative, detailed …
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EconomyHighlightsNews
Egypt Receives Initial EUR 1 Billion from EU as Part of Macro-Financial Assistance Package
Egypt has officially received the first installment of a EUR 1 billion ($1.03 billion) financial aid package from the European Union (EU), as confirmed by Prime Minister Mostafa Madbouly. …
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EconomyHighlights
President Sisi Approves Egypt’s Subscription to Capital Increase in IFC; Government Plans to Borrow $39B in Q1 2025
Egypt’s President, Abdel Fattah El-Sisi, issued Decree No. 110 for 2024, approving Egypt’s subscription to the capital increase of the International Finance Corporation (IFC), with a contribution of 28,940 shares. …
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EconomyHighlights
Ministry of Social Solidarity Supports 4.7 Million Families with EGP 41 Billion in 2024
Egypt’s Ministry of Social Solidarity announced that 4.7 million families received a total of EGP 41 billion in cash transfers in 2024 through the Takaful & Karama and social insurance …
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As part of its commitment to advancing digital transformation in line with Egypt’s Vision 2030, the Central Bank of Egypt (CBE) has announced the extension of a fee exemption for …
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EconomyHighlights
IDSC Shares Insights about Moody’s 2025 MENA Economic Outlook and Egypt’s Economic Future
The Egyptian Information and Decision Support Center (IDSC) has shed light on Moody’s recently published “MENA Economic Outlook: Strategic Foresight in Uncertain Times” report by Moody’s Investors Service. The report …
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EconomyHighlights
Egypt Launches 2024 Tax Filing Season: Key Dates, Online Submissions, and Support Services
Egypt’s Tax Authority Chairperson, Rasha Abdel Aal, has officially announced the opening of the 2024 tax filing season. The tax filing period for individuals (natural persons) will begin on January …