Egypt and the European Union have signed the second phase of the Macro-Financial Assistance (MFA) program, valued at €4 billion, to support Egypt’s state budget and macroeconomic stability. The agreement …
Economy
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EconomyHighlights
Minister Rania Al-Mashat Showcases Egypt’s Economic Reforms and Invites Greater European Investment During Egypt-EU Economic Forum in Brussels
Dr. Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development and International Cooperation, presented Egypt’s latest economic developments and investment opportunities during her participation in the Economic Forum held on the …
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In a key announcement during a panel at “People and Banks” 2025, Soha El-Turky, Deputy CEO of the National Bank of Egypt (NBE), confirmed that the bank plans to double …
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Egypt’s economic reform efforts and the banking sector’s expanding role in sustainable development were key themes at Cairo ICT 2025, where policymakers and financial leaders convened to explore the intersection …
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CEOs' ArticlesEconomyHighlights
From Impression to Analysis: What International Performance Indicators Reveal about Egypt
I’ve been often accused of favoring criticism over praise — of writing from the attack angle rather than accentuating the positive. Admittedly, my style tends to focus on what remains …
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EconomyHighlights
FATF Recognizes Egypt as Global Model for Balancing Financial Inclusion and Anti-Money Laundering Compliance
The Financial Action Task Force (FATF) has officially recognized Egypt’s experience as a global best practice in balancing financial inclusion with robust compliance to anti-money laundering (AML) and counter-terrorism financing …
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EconomyGaza NEWSHighlights
Egypt Backs Peace Deal With Economic Optimism and Presidential Honor for Trump
Egypt’s Minister of Planning and Economic Development, Rania Al-Mashat, emphasized the far-reaching economic benefits of the newly brokered Gaza peace deal in a Bloomberg interview with anchor Joumanna Bercetche. Al-Mashat …
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EconomyHighlights
Egypt’s Economy Grows 5% in Q4 of FY 2024/2025, Annual Growth Reaches 4.4%—Highest in Three Years
Egypt’s economy recorded a 5% growth rate in the fourth quarter (Q4) of FY 2024/2025, pushing the annual growth rate to 4.4%, according to data released today by the Ministry …
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EconomyHighlights
Egypt, World Bank Deepen Strategic Partnership to Support Economic Reforms and Green Transition
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Dr. Rania Al-Mashat, held high-level talks with Anshula Kant, Managing Director and Chief Financial Officer of the World Bank Group, to …
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EconomyHighlights
Egypt’s New Companies Law to Streamline Approvals Within “Golden License” Timeline, Says GAFI CEO
The General Authority for Investment and Free Zones (GAFI) announced that the upcoming Companies Law will include a provision requiring all government approvals to be completed electronically within 20 working …