Al-Sisi orders social support package ahead of Ramadan, reviews fiscal reform agenda
Egypt will roll out a new social support package this week to assist vulnerable and low-income groups ahead of the high-demand Ramadan season, the Egyptian Presidency announced on Saturday. During a meeting with Prime Minister Mostafa Madbouly and Finance Minister
Yield on Egypt’s international bonds falls to 4% amid strong market performance: Finance Minister
Minister of Finance Ahmed Kouchouk said that risks related to Egypt’s public debt have declined, driven by growing investor confidence in the country’s economic trajectory and improving macroeconomic indicators. He noted that Egypt’s strong performance in international markets has contributed
Egypt private sector investment grows 73% as ministers seek expanded EBRD support
Egypt’s private sector investment grew by 73% over the past year and continued to rise by 48% in the first quarter of the current year, Minister of Investment and Foreign Trade Hassan El-Khatib said during meetings with the European Bank
Coca-Cola to open Alexandria factory and triple Cairo digital hub workforce
Coca-Cola plans to open a new factory in Alexandria and more than double the workforce at its Cairo digital hub by 2027, company executives told Egyptian ministers on Wednesday. The expansion was discussed during a meeting at the World Economic
Strengthening partnership with Harvard to invest in young leaders, boost global competitiveness: Finance Minister
Ahmed Kouchouk, Minister of Finance, affirmed the Ministry’s continued commitment to strengthening the capabilities of Egyptian students at leading international universities. He highlighted ongoing efforts to expand local and international training programmes and increase access to advanced initiatives across a
Finance Minister targets higher spending on industry, exports and human development
Ahmed Kouchouk, Minister of Finance, said the Egyptian economy is showing signs of improvement, affirming the ministry’s commitment to continuing fiscal facilitations without imposing additional burdens on investors or citizens. He stressed that fiscal policy will remain balanced and comprehensive,
Concessional financing offered to first 100,000 taxpayers joining simplified tax system
Minister of Finance Ahmed Kouchouk said concessional financing will be provided to the first 100,000 taxpayers who join the simplified tax system, stressing that the move aims to support taxpayers, ease compliance, and help businesses expand. Speaking during a Monday
Madbouly reviews outcomes of Digital Economy Advisory Committee
Prime Minister Mostafa Madbouly met on Sunday with Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat to review the outcomes of the work of the Digital Economy and Entrepreneurship Advisory Committee, as well as the working groups affiliated
Egypt targets 80% debt-to-GDP ratio by June 2026 as external debt falls $4bn
Egypt aims to reduce its budget debt-to-GDP ratio to 80% by the end of June, Finance Minister Ahmed Kouchouk said on Saturday, as the government continues a fiscal discipline path that has already seen the ratio fall from 96% to
Egypt opens doors to investment with competitive advantages, investor-friendly climate: Finance Minister
Egypt is opening its doors to increased investment inflows, supported by strong competitive advantages and an enabling, attractive business environment, Minister of Finance Ahmed Kouchouk said. Speaking at a meeting of the Council of the Union of Arab Chambers of