Egypt’s official gold reserves have reached 128.6 metric tons as of mid-2025, according to the latest data from the World Gold Council, positioning the country as a major player in …
Economy
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EconomyHighlights
Egypt’s National Narrative for Economic Development Sets Path for Reform, with Private Sector Investment Reaching 62.8%
Egypt is entering a new phase of its economic reform agenda with the launch of the National Narrative for Economic Development, a strategic framework that aims to align the country’s …
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EconomyHighlights
Egypt’s Finance Ministry Completes First Cash Disbursement to Exporters Under New Support Mechanism
The Egyptian Ministry of Finance has announced the successful completion of the first phase of a new export support mechanism, with EGP 368 million disbursed to 601 exporting companies. This …
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EconomyHighlights
Egypt and Spain Deepen Strategic Economic Ties During High-Level Meeting at Egypt-Spain Business Forum
Egypt’s Minister of Planning, Economic Development and International Cooperation, Dr. Rania Al-Mashat, held high-level talks with María Amparo López, Spain’s Secretary of State for Trade, on the sidelines of the …
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EconomyHighlights
In Historic Visit to Egypt, Spain’s King Felipe VI Oversees First-Ever Egypt-Spain Development Partnership Agreement (2025–2030)
In a landmark diplomatic and economic milestone, Egypt and Spain have signed their first-ever Development Partnership Agreement (2025–2030), signaling a new era of strategic cooperation focused on sustainable development, green …
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EconomyHighlights
Egypt Allocates EGP 637 Billion to Green Investments in 2025/2026 Development Plan
In a continued effort to integrate sustainability into its national development agenda, Egypt’s Ministry of Planning, Economic Development, and International Cooperation has unveiled its updated Economic and Social Development Plan …
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EconomyHighlights
ETA to Launch Second Tax Facilitation Package for Public Consultation, Building on EGP 80 Billion Success
The Egyptian Tax Authority (ETA) is preparing to roll out the second phase of its tax facilitation initiative, following the resounding success of its first package, which generated EGP 80 …
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EconomyHighlights
Egypt Cuts Customs Clearance Time from 16 Days to 5.8 Days, Investment Minister Tells EBRD
In a significant signal of Egypt’s accelerating economic reforms, Minister of Investment and Foreign Trade, Eng. Hassan El-Khatib, announced that customs clearance times have been slashed from 16 days to …
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EconomyHighlights
Egypt’s Economic Growth Surges to 4.2% Amid Structural Reforms and Private Sector Expansion, Says Planning Minister
In a high-level meeting with a delegation from S&P Global Ratings, Egypt’s Minister of Planning, Dr. Rania Al-Mashat, presented a data-driven update on Egypt’s macroeconomic performance, underlining the country’s continued …
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EconomyHighlights
Egypt Expands Card Tokenization Services to Android Devices in Push for Digital Payments
The Central Bank of Egypt (CBE) has announced a major step forward in the country’s digital finance transformation, confirming that it is working with local banks to launch card tokenization …
