Economy

 Egypt’s trade relations with Algeria have seen significant growth in recent months. According to data from the Central Agency for Public Mobilization and Statistics (CAPMAS), Egyptian exports to Algeria surged …

Egypt’s Finance Minister, Ahmed Kouchouk, expressed optimism about constructive discussions during the upcoming visit from the International Monetary Fund (IMF) mission, which will conduct the “fourth review” of Egypt’s economic …

Egypt has witnessed a significant surge in trade with BRICS nations during the first eight months of 2024. According to data released by the Central Agency for Public Mobilization and …

United Bank of Egypt (UBE) will  embark on a significant privatization move by listing 30% of its shares on the Egyptian Exchange (EGX). This strategic initiative is expected to be …

The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has invested significantly in Port Said Governorate, injecting EGP 508.7 million into 14,500 small and micro projects over the past decade. …

The Egyptian Sovereign Fund for Investment and Development (formerly known as The Sovereign Fund of Egypt -TSFE) will now operate under the Ministry of Investment, as per a recent decree …

 Egypt’s former Finance Minister, Mohamed Maait, has been elected as the executive director representing Arab countries and the Maldives at the International Monetary Fund (IMF). The Egyptian cabinet announced his …

Egypt’s Finance Minister, Ahmed Kouchouk, met with representatives from leading financial institutions and investment banks during the annual meetings of the IMF and World Bank in Washington. Key participants included …

The World Bank President, Ajay Banga, has lauded Egypt’s economic reforms and state-led investment platforms, reaffirming the country’s status as a key partner for the global financial institution. During a …

The General Authority for Investment and Free Zones (GAFI) hosted a workshop to outline the strategic directions for Egypt’s 2025-2030 foreign direct investment (FDI) strategy. This initiative, supported by the …