The African Development Bank (AfDB) has approved a $170 million loan to support Egypt’s ongoing efforts to foster private sector growth, economic diversification, and green transition. This funding, announced in …
Economy
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EconomyHighlights
Inaugural Steering Committee Meeting of the EU-Supported TIGARA Project Marks Key Step in Egypt’s Industrial Growth Strategy
The European Union-funded Trade, Industry, Growth, and Rapid Market Access (TIGARA) project held its inaugural Steering Committee meeting on Monday, signaling a major milestone in Egypt’s efforts to drive sustainable …
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EconomyHighlights
Egypt’s Minister of Planning Advances Key Bilateral Talks at the 2025 World Economic Forum
At the 2025 World Economic Forum (WEF) in Davos, Dr. Rania Al-Mashat, Egypt’s Minister of Planning and Economic Development, held pivotal meetings with South African and Pakistani government officials, …
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EconomyHighlights
Egypt’s Tax Authority Accelerates Digital Services to Streamline Tax Filing Process
Head of Egypt’s Tax Authority,Rasha Abdel Aal, has reaffirmed the continued development of digital services to streamline the tax filing process and provide essential support to taxpayers during the peak …
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Egypt and Switzerland have formalized a new economic partnership with the signing of an agreement to establish a Joint Economic Committee. The agreement was signed by Dr. Rania Al-Mashat, Egypt’s …
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EconomyHighlightsNews
Egypt Likely to Secure €4 Billion European Loan in June: Al Mashat On Sidelines of WEF
Egypt is in advanced negotiations with the European Union for a €4 billion loan (approximately EGP 208 billion), with expectations to finalize the agreement by June. The funding is intended …
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Egypt’s Minister of Foreign Affairs, Badr Abdelatty, held a meeting with Kaja Kallas, the European Union’s High Representative for Foreign Affairs and Security Policy, in Brussels. During the discussions, Abdelatty …
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Egypt’s Minister of Planning , Dr. Rania Al-Mashat, will participate in the 2025 World Economic Forum (WEF) in Davos. Held under the theme “Cooperation for the Smart Era” from January …
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Egypt’s economy is on track to grow by 4% in the fiscal year 2024/25, supported by the continued implementation of economic reforms under the International Monetary Fund (IMF), according …
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EconomyHighlights
Egypt’s Economic Outlook: WB Optimistic with Projected Growth of 4.2% in FY2025/26
Egypt’s economy is expected to see a positive rebound in the upcoming fiscal years, with the World Bank forecasting a GDP growth rate of 3.5% for FY2024/25, improving to 4.2% …