While the African continent boasts significant oil, gas and renewable energy resources, unlocking these opportunities requires substantial investment in infrastructure and long-term financing solutions. Development finance institutions (DFIs) and international …
Economy
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EconomyHighlights
Egypt and Islamic Development Bank Group Sign Annual Work Program Worth $1.5 Billion to Boost Economic Development
Egypt’s Ministry of Planning has outlined key cooperation pillars with the International Islamic Trade Finance Corporation (ITFC) and the Islamic Corporation for the Development of the Private Sector (ICD), both …
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Beltone Venture Capital, a subsidiary of Beltone Holding, has announced a strategic equity investment in LNKO, a leading omni-channel D2C eyewear startup, marking a key milestone in its African …
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EconomyHighlights
Egypt and EBRD Sign Cooperation Agreements to Boost Private Sector Engagement and Infrastructure Development
To bolster Egypt’s economic growth, the Ministry of Finance, the Ministry of Planning and the European Bank for Reconstruction and Development (EBRD) have signed important agreements aimed at expanding the …
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The World Bank is gearing up for the second phase of its budget support program for Egypt, with plans to disburse funds this year following the successful completion of the …
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The International Islamic Trade Finance Corporation (ITFC) has approved a significant $1.5 billion financing facility aimed at strengthening Egypt’s energy and food security. The facility includes a $700 million allocation …
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EconomyHighlights
Prime Minister Reviews Key Features and Targets of the 2025-2026 Fiscal Year Budget
Dr. Mostafa Madbouly, Prime Minister of Egypt, convened an important meeting at the Government headquarters in the New Administrative Capital to discuss the key aspects and objectives of the …
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EconomyHighlightsNews
Al-Mashat Brings out “Startup Community Charter ” at Ministerial Entrepreneurship Group Meeting
On February 4, 2025, Dr. Mustafa Madbouly, Egypt’s Prime Minister, chaired an important meeting of the Ministerial Group on Entrepreneurship, with the participation of several ministers and key government …
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EconomyHighlights
Minister Ahmed Kouchouk at “Chapter Zero Egypt”: A Collaborative Vision for a Sustainable Economic Future
At the recent “Banks and Finance Committee” meeting of Chapter Zero Egypt, the spotlight shone on Minister of Finance, Ahmed Kouchouk, whose remarks underscored Egypt’s commitment to fostering a sustainable …
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During his participation at the Egypt VC Summit 2025, held on February 4-5, 2025, Minister of Investment and Foreign Trade, Eng. Hassan El-Khateeb, emphasized the pivotal role of the summit …