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 …
Economy
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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 …
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EconomyHighlights
Egypt’s Ministers of Planning and Social Solidarity Align Strategies on FY 2025/26 Investment Plan and National Economic Narrative
Egypt’s Minister of Planning, Dr. Rania Al-Mashat, held high-level talks with Dr. Maya Morsy, Minister of Social Solidarity, to review the Ministry of Social Solidarity’s investment plan for fiscal year …
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EconomyHighlights
Egypt’s Tax Authority Accelerates Second Tax Facilitation Package with Focus on SMEs, VAT Refunds, and E-Commerce Reform
Egypt’s Tax Authority (ETA) is finalizing a second package of tax facilitations, aimed at streamlining tax procedures, improving VAT refund processes, and enhancing support for small and medium-sized enterprises (SMEs), …
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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 …
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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 …
