The Egyptian Ministry of Planning has convened a roundtable to review preliminary studies for a major adaptation project aimed at mitigating the effects of sea-level rise in the northern Delta …
EU
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HighlightsNews
Egypt Nears Deal with EU and EBRD for €200 Million Funding to Launch Major Power Line in Gebel El-Zeit
The Egyptian government is nearing the completion of negotiations with the European Union (EU) and the European Bank for Reconstruction and Development (EBRD) to secure funding of up to €200 …
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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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HighlightsNews
EU and Egypt Strengthen Agricultural Cooperation with Focus on Empowering Rural Women
Egypt’s Minister of Agriculture, Alaa Farouk, met with Amb. Angelina Eichhorst, Head of the EU Delegation to Egypt, at the New Administrative Capital. The meeting brought together Mustafa Al-Sayyad, Deputy …
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HighlightsNews
Egypt and Germany Sign Agreement for Second Phase of the “Egyptian-German Center for Jobs, Migration, and Reintegration”
Dr. Rania Al-Mashat, Minister of Planning and Economic Development, and His Excellency Ambassador Jürgen Schultz, German Ambassador to Egypt, presided over the signing of the agreement for the second phase …
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President Abdel Fattah El Sisi met with the President of the European Parliament, Roberta Metsola, to discuss ways to enhance bilateral relations, particularly in the areas of economic cooperation, investment, …
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EconomyHighlightsNews
Egypt Receives Initial EUR 1 Billion from EU as Part of Macro-Financial Assistance Package
Egypt has officially received the first installment of a EUR 1 billion ($1.03 billion) financial aid package from the European Union (EU), as confirmed by Prime Minister Mostafa Madbouly. …
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EconomyHighlights
Egypt’s Strategic Economic Reforms Supported by IMF and EU, Bolstering Stability Amid Regional Challenges
Egypt’s economic reform efforts are receiving significant support from both the International Monetary Fund (IMF) and the European Union (EU) as the country navigates economic challenges exacerbated by regional instability …
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Egypt’s Minister of Planning, Rania Al-Mashat, met with a European Union delegation representing all 27 member states to discuss enhancing strategic investment partnerships aimed at driving Egypt’s economic development. …
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In a boost for Egypt’s environmental goals, the European Union (EU) has pledged €100 million to support the country’s green transformation journey. This significant funding will accelerate initiatives that promote …