Egypt’s Minister of Planning , Dr. Rania Al-Mashat, will participate in the 2025 World Economic Forum (WEF) in Davos. Held under the theme “Cooperation for the Smart Era” from January …
Economy
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Egypt’s economy is on track to grow by 4% in the fiscal year 2024/25, supported by the continued implementation of economic reforms under the International Monetary Fund (IMF), according …
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EconomyHighlights
Egypt’s Economic Outlook: WB Optimistic with Projected Growth of 4.2% in FY2025/26
Egypt’s economy is expected to see a positive rebound in the upcoming fiscal years, with the World Bank forecasting a GDP growth rate of 3.5% for FY2024/25, improving to 4.2% …
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EconomyHighlights
MSMEDA and Erada Sign EGP 60 Million Microfinance Agreement to Boost Local Economy
The Micro, Small, and Medium Enterprises Development Authority (MSMEDA) and Erada for Micro Projects have entered into a significant financing agreement worth EGP 60 million, signed on January 19, 2025. …
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EconomyHighlights
Key Factors Driving Egypt’s Balance of Payments Deficit in Q1 FY 2024/2025:Sahar Damaty
Sahar Damaty, former Deputy Chairperson of Banque Misr, has attributed the recent shift to a deficit in Egypt’s balance of payments during the first quarter of FY 2024/2025 to several …
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EconomyHighlights
Al-Mashat Inaugurates 9th Egypt-EU Sub-Committee Meeting on Transport, Environment, and Energy
Egypt’s Minister of Planning, Dr. Rania Al-Mashat, inaugurated and chaired the 9th meeting of the Sub-Committee on Transport, Environment, and Energy between Egypt and the European Union. This meeting is …
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EconomyHighlightsNews
Official Gazette Publishes Presidential Decrees on Tax Agreement with Oman and Climate Change Grant Amendment
The Official Gazette has published Presidential Decree No. 320 of 2024, which approves the agreement between the Government of the Arab Republic of Egypt and the Government of the …
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In 2024, the European Bank for Reconstruction and Development (EBRD) committed over €1.4 billion to Egypt, making it the primary recipient of the Bank’s investments in the Southern and Eastern …
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EconomyHighlights
Dr. Rania Al-Mashat Outlines Egypt’s Vision 2026-2035 at Governors Forum of the IsDB Group
Dr. Rania Al-Mashat, Egypt’s Minister of Planning, and the country’s Governor at the Islamic Development Bank (IsDB), recently participated in the Governors Forum of the IsDB Group held in Medina, …
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EconomyHighlights
Egypt to Negotiate with EU for €4 Billion Funding to Support Budget: Al Mashat To Asharq
Egypt is set to begin negotiations with the European Union in April 2025 to secure financial support amounting to €4 billion for its national budget, according to Dr. Rania Al-Mashat, …