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Financials and Investment News in Egypt

Finance Minister: Global Economic Crisis, Climate Change Compound Challenges For Developing Nations
5/21/2022 - Minister of Finance Mohamed Maait said that the current global economic crisis and climate change have increased challenges for developing countries and emerging economies.

Maait made the...
Maait: Stimulus Packages to Recover from Economic Global Crisis As Per Presidential Directives
5/21/2022 - Finance Minister Mohamed Maait affirmed the government is acting through various stimulus packages aimed to stimulate the national economy by flexibly, positively and rapidly dealing with requirements...
Minister: MSMEDA Seeks to Shift to Africa
5/21/2022 - Minister of Trade and Industry Nivine Gamea asserted the Micro, Small and Medium Enterprises Development Agency (MSMEDA) is aiming to shift to the African market to expand trade exchange with African ...
Egypt, Sweden Discuss Cooperation in Sustainable Development
5/21/2022 - Executive Director of the National Institute for Governance and Sustainable Development (NIGSD) Sherifa Sherif has discussed at a meeting with Chargé d'Affaires of the Swedish Embassy in Cairo Jörgen ...
Mashat Meets With Group of Investors, Representatives of British Companies
5/21/2022 - Minister of International Cooperation Rania el Mashat has held bilateral meetings with a group of investors and representatives of British companies and financing institutions.

The meetin...
Egypt’s Suez Canal Revenues To Hit $7bln By End of FY
5/22/2022 - Egypt expects the Suez Canal’s revenues to reach about $7 billion by the end of the current FY — ends on 30 June — up from $5.5 billion last year, Minister of Finance Mohamed Maait said

. ...
Maait to Ft: Egypt Had Enough Wheat Until End of Year
5/23/2022 - Finance Minister Mohamed Maait has warned that “millions” could die globally because of the food price crisis triggered by the Ukraine war, echoing warnings made by the UN and G7 countries as worries ...
Military Production Minister Probes With Brazilian Defense Official Joint Cooperation
5/23/2022 - Minister of State for Military Production Mohamed Ahmed Morsi had talks on Monday with a Brazilian delegation under Marcos Digot, National Secretary for Military Production at the Brazilian Ministry o...
Shoukry Heads for Davos to Participate in WEF
5/23/2022 - Foreign Minister Sameh Shoukry, the president-designate of the UN COP27, headed for Davos to attend the annual meetings of the World Economic Forum (WEF) which kicked off today.

Shoukry wi...
Shoukry, CEO of BCG Discuss Role of Private Sector in Int'l Climate Action
5/23/2022 - Foreign Minister Sameh Soukry discussed with CEO of Boston Consulting Group (BCG) Christoph Schweizer means to raise money for climate and the role of the private sector in the intentional climate act...
Forum on Boosting Arab Economic Integration Kicks of
5/23/2022 - The Arab forum on boosting economic integration among Arab countries under the title: “intra trade and role of public and private sectors” in Egypt kicked off Monday under the auspices of Prime Minist...
AfDB supports Egypt’s efforts ahead of COP27: President
5/23/2022 - The African Development Bank (AfDB) supports Egypt’s efforts to prepare for the upcoming UN Climate Change Conference (COP27) scheduled to be held in November in Sharm El-Sheikh, the bank’s president ...
Mashat Lauds House's Approval of 2 Agreements With EBRD, German Gov't
5/24/2022 - International Cooperation Minister Rania Al-Mashat hailed the House of Representatives' approval of two agreements with the European Bank for Reconstruction and Development and the German Federal Gove...
Mashat Meets Senior Ministers, Ceos in Davos
5/24/2022 - International Cooperation Minister Rania el Mashat has held several meetings with a number of Arab, African and foreign ministers, as well as CEOs of some global companies, on the sidelines of her par...
PM: State Seeks to Lure Further Investments to Tourism Industry
5/24/2022 - Prime Minister Mostafa Madbouli said the State seeks to lure further local and foreign investments to different areas, notably the tourism industry, which yields high returns in foreign currency, gene...
Rabie Discusses Ways of Cooperation With The French Ambassador in Cairo
5/24/2022 - Admiral Osama Rabie Chairman of the Suez Canal Authority, and Marc Baretti, the French ambassador in Cairo, discussed ways of joint cooperation, at the Guidance Building in Ismailia Governorate.
Afdb Raises Egypt’s Real GDP Growth Projections by 1% In 2022
5/25/2022 - The African Development Bank (AfDB) has raised its projections for Egypt’s real GDP growth to 5.7 percent in 2022 – up from 4.7 percent it expected in 2021 – before slowing down to 5.1 percent in 2023...
Egypt Works Side-By-Side With African Countries.
5/25/2022 - On the occasion of Africa Day 2022, President Abdel-Fattah El-Sisi said on Wednesday that Egypt will continue to endeavour side by side with its sister African countries to achieve sustainable develop...
Growth Rate Up by 7.8 Per Cent in 1st Nine Months of FY 2021-22 - Minister
5/25/2022 - Minister of Planning and Economic Development Hala el Said said that growth rate increased by 7.8% in the first nine months of the current fiscal year (July 2021 - March 22), compared to 1.9% in the ...
Emigration Minister Probes Egyptian Delegation's Prospected Visit to Canada
5/25/2022 - Minister of Emigration and Egyptian Expatriate' Affairs Nabila Makram highlighted the importance of an Egyptian delegation's scheduled visit to Canada in getting members of Egyptian community acquaint...

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