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Financials and Investment News in Egypt

IMF: Egyptian Economy to Continue Achieving High Growth Rates
10/12/2022 - The Cabinet media center said despite piling pressures on international economy and expected recession in growth rate, the Egyptian state adopted multilateral approaches in parallel to deal with these...
Irrigation Min. Asserts Egypt's Keenness on Supporting African Countries
10/12/2022 - Irrigation Minister Hany Swailem asserted Egypt’s keenness on supporting development in all the African countries and expediting progress in achieving the goals of sustainable development especially t...
Egypt's Medical Exports Rise to Dlrs 632 M in Eight Months
10/15/2022 - Egypt's medical and pharmaceutical exports have upped by 46.3 percent in the period from January to August 2022, registering 632 million dollars against 432 million in the same period last year.
Mashat Reviews Finance Day, Youth Day Initiatives to Be Launched at COP27
10/15/2022 - Minister of International Cooperation Rania Al-Mashat reviewed the initiatives her ministry will launch during the Finance Day and Youth Day of the upcoming UN climate change conference (COP27) set fo...
Transport Minister: Gov't Working on Comprehensive Plan to Turn Egypt Into Trade, Logistics Hub
10/15/2022 - Minister of Transport Kamel El Wazir said the ministry is working on executing a comprehensive plan to upgrade Egyptian ports nationwide, pursuant to presidential directives to turn Egypt into a trade...
Transport Minister: Gov't Working on Comprehensive Plan to Turn Egypt Into Trade, Logistics Hub
10/15/2022 - Minister of Transport Kamel El Wazir said the ministry is working on executing a comprehensive plan to upgrade Egyptian ports nationwide, pursuant to presidential directives to turn Egypt into a trade...
Egypt, IMF Experts Agree on New Program, Says Finance Min
10/16/2022 - Egypt has reached an agreement with the International Monetary Fund (IMF) about a new program that will be announced very soon, said Finance Minister Mohamed Ma’eit .

Speaking on the fring...
Egypt, Gabon Discuss Bilateral Cooperation in Agriculture Domain
10/18/2022 - Agriculture Minister El Sayyed El Qusseir had a meeting on with his Gabonese counterpart Charles Mve Ellah to discuss boosting bilateral cooperation in the different agriculture fields.

Dur...
PM Follows Up on Final Arrangements for Economic Conference
10/18/2022 - Prime Minister Moustafa Madbouli headed a meeting on to follow up on the final arrangements for an economic conference due on October 23-25.

The meeting was attended by Planning and Economi...
Irrigation Minister Participates in Harnessing Science, Technology and Innovation Session
10/19/2022 - Minister of Water Resources and Irrigation Hani Sewilam participated in the session "Harnessing Science, Technology and Innovation to enhance connectivity between Water, Energy and Food".

S...
Egypt, Belgium Discuss Investment in Energy Fields
10/19/2022 - Minister of Electricity and Renewable Energy Mohamed Shaker received Commercial Attaché at the Embassy of Belgium in Egypt Hajar Magdy to discuss investment opportunities in the fields of energy, espe...
Planning Minister, Un Capital Development Fund Discuss Joint Cooperation
10/19/2022 - Dr. Hala Al-Saeed, Minister of Planning and Economic Development, met with representatives of the United Nations Capital Development Fund (UNCDF) to discuss ways of joint cooperation regarding the imp...
PM Reviews Report on Graduation of Two Batches of 'Industrialists of Egypt' Initiative
10/19/2022 - The "Industrialists of Egypt" initiative is considered one of the most important cultural initiatives, which have been launched recently by the State, affirmed Prime Minister Moustafa Madbouli.
Minister: Egypt-Italy Debt-For-Development Swap Program Led to Many Successes
10/22/2022 - Minister of International Cooperation Rania Al Mashat said the Debt for Development Swap (DDS) mechanism is seeing great momentum worldwide under ongoing global challenges and efforts to scale up clim...
Egypt's Amb. Holds Meeting With Investment Firms to Review Cop27 Priorities
10/22/2022 - Egypt's Ambassador to Netherlands Hatem Abdel Qader reviewed the priorities of Egypt's presidency of the 27th United Nations Climate Change Conference (COP27), due to be hosted by Egypt's Sharm el She...
Major Chances Available to Carry out Energy Efficiency Projects
10/23/2022 - Big chances exist for projects to improve energy efficiency in Egypt, said Minister of Petroleum and Mineral Resources Tarek El Molla .

Molla's statements came during a meeting organized by...
Egypt Aims to Bring Budget Deficit to 4% Only - Minister
10/23/2022 - Finance Minister Mohamed Maait said that Egypt aims to cut the public budget deficit to only four percent; a figure that has not been achieved for 42 years.

Addressing Egypt's 2022 Economic...
Egyptian Economic Conf. 2022 to Address Current, Future Economic Plans
10/23/2022 - The Egyptian Economic Conference 2022 kicked off in the presence of President Abdel Fattah El Sisi to review the current and future plans of the Egyptian economy.

The three-day event is mea...
Sisi Arrives at Venue of Egypt Economic Conference 2022 in NAC
10/23/2022 - President Abdel Fattah El Sisi arrived at the venue of the Egypt Economic Conference 2022 which is held in the New Administrative Capital (NAC).

Prime Minister Moustafa Madbouli welcomed th...
Economic Conf. Asserts State's Continuation of Reform Process: Etuf Vice President
10/23/2022 - Vice President of Egyptian Trade Union Federation (ETUF) Khaled Aish asserted that the economic conference, later, comes at an important time amidst major challenges that demand a state dialogue to co...

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