Egypt, South Korea sign joint statement on Comprehensive Economic Partnership Agreement
Egypt and South Korea have taken a major step to deepen economic cooperation, with Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, and Yeo Han-koo, South Korea’s Minister of Trade, Industry, and Resources, signing a joint statement on a
Egypt, EU coordinate on 2026-2027 development grants as growth surpasses 5%
Egypt’s economic growth rate exceeded 5% during the first quarter of the current fiscal year, Planning, Economic Development and International Cooperation Minister Rania Al-Mashat said. The announcement followed the disbursement of a €1bn tranche in January 2026 under the European
Cairo, Sarajevo sign cooperation pacts, eye direct flights to boost trade
Egypt and Bosnia and Herzegovina signed several cooperation agreements on Saturday, including protocols to enhance diplomatic training and bilateral relations, as the two nations move to boost trade and tourism links. The deals were signed following political consultations in Cairo
EIB commits $80m to RMBV North Africa Fund III, catalysing over $300m in investments
The European Investment Bank (EIB), through its development arm EIB Global, has committed $80m to the RMBV North Africa Fund III to accelerate private sector development and sustainability in Egypt, as part of a broader regional investment strategy covering North
EU to disburse €1bn to Egypt on Thursday under Macro-Financial Assistance mechanism
Egypt is scheduled to receive a €1bn disbursement from the European Union this coming Thursday under the Macro-Financial Assistance (MFA) budget support mechanism, according to Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat. The payment follows the government’s
MAG seeks to expand Egypt’s economic footprint across Africa
Mohamed Atta Gad, Chairperson of MAG Group for Trade and Investment, participated in a meeting with Egypt’s Minister of Foreign Affairs, Migration and Egyptian Expatriates Affairs, Badr Abdelatty, alongside representatives of the private sector and Egyptian companies, as part of
ECS reviews preparations for seventh Egyptian-German Joint Economic Committee
First Undersecretary of the Ministry of Investment and Foreign Trade and Head of the Egyptian Commercial Service (ECS), Abdel Aziz El-Sherif, held a meeting with Miguel Seco, Commercial Counselor at the Embassy of Germany in Cairo, and Maren Diale, President
Egypt orders expedited irrigation works, livestock grants for Aswan farmers
Egypt’s planning and agriculture ministers have ordered the immediate resolution of obstacles facing small farmers in Aswan, directing the rapid completion of irrigation projects and the distribution of livestock and poultry grants to rural households. During a field tour of
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