Egyptian Economy

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 …

Egyptian President Abdel Fattah El-Sisi has issued a presidential decree renewing the appointment of Hassan Abdalla as Acting Governor of the Central Bank of Egypt (CBE) for an additional one-year …

Egypt has introduced a new permanent tax regime aimed at supporting small and micro enterprises and encouraging their integration into the formal economy. The move is part of a broader …

Egypt’s government has unveiled the full details of its restructured export rebate program for fiscal year 2025/2026, allocating EGP 45 billion in what officials describe as a landmark move to …

Dr. Khaled Abdel Ghaffar, Deputy Prime Minister and Minister of Health and Population, held an extensive meeting to discuss the National Strategy for the Global Market Access of Pharmaceutical Products. …

In her compelling feature published on Egyptian Street, Mirna Aref delves into Egypt’s bold steps towards becoming a global leader in the digital economy, with Artificial Intelligence (AI) at the …

Inflation in Egypt has shown signs of easing, with the rate slowing down to 24.1% in December 2024 on an annual basis, compared to 25.5% in November. According to the …

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 …

  In a recent statement, the Central Bank of Egypt has announced a nationwide bank holiday in observance of the end of the financial year for banks operating in the …

I pay careful attention to the upbeat remarks made by officials regarding the Egyptian economy. I am fully aware of the numerous reforms that are in progress and the notable …