Egypt, World Bank develop innovative financing model for infrastructure projects
Ahmed Rostom, Minister of Planning and Economic Development, met with Almud Weitz, Regional Director for Infrastructure in the Middle East and North Africa at the World Bank Group, to discuss strengthening cooperation and advancing shared strategic priorities. Rostom affirmed that
Egypt targets 5.4% economic growth, EGP 3.7trn investments in FY 2026/27 plan
Egypt is targeting an economic growth rate of between 5.2% and 5.4% and total investments of EGP 3.7trn for the fiscal year (FY) 2026/27, with private investments accounting for the majority of the planned expenditure, the Minister of Planning and
Egypt’s economy demonstrates resilience amid successive global shocks
Egypt’s Minister of Planning and Economic Development, Ahmed Rostom, said the national economy has withstood five major external shocks over the past six years, each of which could have triggered a severe downturn, yet continued to deliver positive performance indicators.
Egypt’s economic growth accelerates to 5.3% in first half of year, planning minister says
Egypt’s economic growth reached 5.3% in the first half of the current fiscal year, marking a broad and accelerating recovery across six consecutive quarters, Minister of Planning and Economic Development Ahmed Rostom said. Growth rose from 2.4% in fiscal year
Egypt eyes broader partnership with IsDB: Planning Minister
Ahmed Rostom, Minister of Planning and Economic Development and Egypt’s Governor at the Islamic Development Bank Group (IsDB), held talks with Nour El-Din Mabrouk, Director of the Bank’s Regional Hub in Cairo, and his delegation to explore frameworks for future
Egypt targets 5.4% growth in FY2026/27, rising to 6.8% by 2030: Planning Minister
Minister of Planning and Economic Development Ahmed Rostom told parliament’s plenary session that Egypt’s economy is projected to grow by 5.4% by the end of the fiscal year (FY) 2026/2027, rising to 6.8% by the end of the medium-term plan
Planning Minister explores deeper cooperation with ILO on jobs, entrepreneurship
Ahmed Rostom, Minister of Planning and Economic Development, met with Eric Oechslin, Director of the International Labour Organization (ILO) Office in Cairo, to discuss strengthening cooperation across key development priorities, including decent work, skills development, and support for start-ups. During
Planning Minister explores strengthening strategic partnership with World Bank
Ahmed Rostom, Minister of Planning and Economic Development, held talks with a World Bank mission led by Stéphane Guimbert, the Bank’s Regional Director for Egypt, Yemen, and Djibouti. The meeting was attended by senior ministry officials, alongside representatives from the
Government addresses challenges with clarity, decisiveness: Minister of Planning
Ahmed Rostom, Minister of Planning and Economic Development, met with Chitose Noguchi, Resident Representative of the United Nations Development Programme in Egypt, to explore opportunities for joint cooperation in energy, digital transformation, and data systems development in support of sustainable
Government advances restructuring of NIB to strengthen development role: Planning Minister
Ahmed Rostom, Minister of Planning and Economic Development and Chair of the National Investment Bank (NIB), chaired a meeting of the Bank’s Board of Directors to review progress on its ongoing restructuring, aimed at strengthening its role as the government’s