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
UAE, Egypt move to finalise comprehensive economic partnership agreement negotiations
Egypt and the United Arab Emirates are working to conclude negotiations on a comprehensive economic partnership agreement intended to increase investment flows and enhance economic competitiveness, Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib said. During a meeting in
International financial institutions weigh increased investment in Egypt’s water sector
Egypt is seeking to scale up private sector investment and concessional financing for water desalination projects through a coordinated effort with a coalition of international financial institutions, the Minister of Planning, Economic Development and International Cooperation said. During an expanded
Japan provides EGP 1bn grant to Egypt for Suez Canal diving support vessel
Japan will provide an EGP 1bn ($22m) grant to Egypt to build and supply a first-of-its-kind diving support vessel (DSV) for the Suez Canal Authority (SCA) fleet, according to an executive agreement signed on Sunday. The grant, provided through the
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
From shield to showcase: Egypt’s military envoys briefed on 2026 economic ‘turning point’
In a room filled with the nation’s newly designated military attachés, the talk was not of ballistics or borders, but of textiles, tech hubs, and the price of global trade. Dr. Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development and
Egypt’s engineering exports reach record $5.9bn for first time
Egypt’s engineering exports maintained strong momentum in 2025, reaching a record $5.93bn during the first 11 months of the year—the highest level ever recorded—according to the Engineering Export Council of Egypt (EEC). The council said engineering exports grew by 13.9%
Cairo and Beirut seek deeper economic integration through private sector and infrastructure projects
Cairo and Beirut seek deeper economic integration through private sector and infrastructure projects, according to Egyptian Prime Minister Mostafa Madbouly, as the two nations move to expand a bilateral trade relationship that surpassed $1bn in 2024. Speaking at an economic
Egypt, Canada sign development agreements worth EGP 552m for women’s empowerment, food security
Egypt has signed three grant agreements with Canada worth approximately EGP 552m to fund projects focused on women’s empowerment, food security, and refugee support, the Ministry of Planning, Economic Development and International Cooperation said on Wednesday. The agreements were signed
Kouchouk says Egypt plans ‘exceptional’ cut to debt levels, lowers medical VAT to 5%
Egypt is targeting an “exceptional” improvement in its budget debt indicators while implementing a second package of tax facilities that includes cutting value-added tax (VAT) on medical equipment to 5% from 14%, Finance Minister Ahmed Kouchouk said on Tuesday. Speaking