On December 8th, Waleid Gamal El-Dein, Chairman of the Suez Canal Economic Zone (SCZone), officially laid the foundation for Henneway’s $50 million luggage manufacturing facility in the Qantara West …
Economy
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In a compelling address at the Doha Forum 2024, Prime Minister Mostafa Madbouly underscored Egypt’s impressive progress in reducing unemployment, which now stands at a historically low 5.6%. This …
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Economy
Mauritanian Delegation Learns from Egypt’s Financial Inclusion and Literacy Strategies in Landmark Exchange
A delegation from the Financial Inclusion team at the Banque Centrale de Mauritanie (BCM) recently traveled to Egypt for a knowledge exchange program. The visit, organized in collaboration with the …
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The Financial Regulatory Authority (FRA) recently hosted a symposium titled “The Role of the Private Sector in Enhancing the Health, Comfort, and Safety of Employees” as part of the United …
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Economy
Planning Min. Highlights Gov’t Support for Entrepreneurship at American Chamber of Commerce Event
Egypt’s Minister of Planning , Rania A. Al-Mashat, participated in the American Chamber of Commerce in Cairo’s event about announcing the newly-formed Entrepreneurship and Innovation Committee. She underscored the Egyptian …
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At the 28th International Investment Conference (WIC) in Riyadh, Hossam Heiba, CEO of Egypt’s General Authority for Investment and Free Zones (GAFI), delivered a powerful message on Egypt’s emerging …
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Visa, a global leader in digital payments, has launched a new campaign across the Middle East and North Africa, titled ‘Small Steps are Never Taken Alone,’ featuring Egyptian football legend …
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Economy
IFC Extends $150 Million Financing to Egypt’s Commercial International Bank to Support MSME Growth
The International Finance Corporation (IFC) announced a $150 million financing package for Egypt’s Commercial International Bank (CIB) on Sunday. This move aims to strengthen CIB’s capital base and enhance …
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Egypt’s Minister of Planning, Rania Al-Mashat, met with a European Union delegation to discuss the implementation of a €1.8 billion investment guarantee offered through the European Fund for Sustainable Development …
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International Monetary Fund (IMF) mission, led by Ivanna Vladkova Hollar, concluded in-person discussions with Egyptian authorities in Cairo on November 20. The talks centered on the fourth review under the …
