Egypt’s Ministry of Planning, Economic Development, and International Cooperation has announced that development financing for the local and foreign private sector in the country reached a substantial $4.2 billion by …
Economic Growth
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Egypt’s ambitious plan to modernize its textile industry is gaining momentum, with implications that could affect global cotton supplies. The country is investing hundreds of millions of dollars in transforming …
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EconomyHighlightsPolitics
Cyprus President Embarks on Key Diplomatic Visit to Cairo for Cyprus-Greece-Egypt Summit
Cyprus President Nikos Christodoulides will travel to Cairo today for the highly anticipated 10th Cyprus-Greece-Egypt Trilateral Summit and the 2nd Cyprus-Egypt Intergovernmental Meeting. The summit will address a range …
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EconomyHighlightsNews
Mirna Aref Highlights Egypt’s Investment Potential During PM’s Meeting With Investors
Mirna Aref, General Manager of Microsoft Egypt, recently praised the government’s significant efforts to enhance Egypt’s infrastructure and logistics sectors. She emphasized that the positive developments in these areas …
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Egypt’s banking sector has delivered a strong performance in the first nine months of 2024, with banks collectively reporting over EGP 426 billion in net profits. This robust performance underscores …
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In an ambitious effort to position Egypt as a global startup hub, the Egyptian government is set to introduce a strategic startup charter in the first quarter of 2025. Announced …
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Egypt’s Minister of Planning, Rania A. Al-Mashat, participated in the launch of the Voluntary Peer Review Report on Egypt’s Competition Law. The event, organized by the Egyptian Competition Authority (ECA) …
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Egypt will to introduce a groundbreaking medium-term budgetary framework starting in 2025, marking a significant step towards enhancing fiscal discipline and promoting sustainable economic growth. This strategic initiative aims to …
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The Central Bank of Egypt (CBE) recently announced its active involvement in the “New Beginning for Human Development” initiative, aimed at promoting sustainable development and enhancing the quality of life …
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Economy
Al-Mashat Advances Economic Growth through Key Meetings on Investments and Digital Transformation
Egypt’s Minister of Planning, Rania A. Al-Mashat, and Chairperson of the National Investment Bank (NIB), recently convened with the leadership teams of NI Capital and NI Consultations, both subsidiaries of …