40 firms seek MSMEDA classification certificate to access state incentives: Rahmy
Bassel Rahmy, Chief Executive of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that 40 companies have applied for the Agency’s classification certificate dedicated to innovative start-ups, enabling them to benefit from a wide range of government services,
Egypt’s Abdelatty reinforces regional security, economic ties in high-level AU summit meetings
Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty met with several African heads of state and senior officials on Sunday to discuss regional security, infrastructure development, and economic integration on the sidelines of the African Union summit.
Former World Bank official Ahmed Rostom takes over Egypt’s planning ministry
Ahmed Rostom has been appointed Egypt’s Minister of Planning and Economic Development, succeeding Rania Al-Mashat, as part of a new cabinet formation announced on Tuesday by the Speaker of the House of Representatives, Hesham Badawy. International and Financial Expertise Rostom
Emergency Labour Aid Fund disburses EGP 2.48bn to support over 441,000 workers nationwide
The Board of Directors of the Emergency Labour Aid Fund, chaired by Minister of Labour Mohamed Gobran, announced that the fund has disbursed a total of EGP 2.481bn since its establishment on 1 July 2002 through 8 February this year,
Egypt launches startup charter targeting $1bn in investment over five years
Egypt launched its first national “Startup Charter” on Saturday, seeking to mobilise $1bn in financing over five years and create approximately 500,000 direct and indirect job opportunities. The charter, unveiled by Prime Minister Mostafa Madbouly and Minister of Planning, Economic
GAFI participates in Egypt-Türkiye Business Forum to boost economic partnership
Mohamed El-Gawsaky, CEO of the General Authority for Investment and Free Zones (GAFI), said Egypt offers a strong and stable investment environment, supported by comprehensive economic reforms and clear policies aimed at streamlining procedures, reducing costs, enhancing transparency and facilitating
FRA, CBE discuss boosting support for small businesses, women entrepreneurs
The Financial Regulatory Authority (FRA) held a coordination meeting with the Central Bank of Egypt (CBE) to discuss mechanisms for strengthening cooperation to raise financial inclusion levels and expand access to financial services, as well as to advance programmes supporting
South African trade mission of 15 companies visits Egypt to boost economic partnerships
A South African trade mission comprising 15 companies is visiting Egypt from 24 to 28 January as part of efforts to strengthen bilateral economic, trade and investment relations between the two countries. The visit is organised by the Egyptian Commercial
GAFI hosts Canadian business delegation to explore investment opportunities
The General Authority for Investment and Free Zones (GAFI) hosted a delegation of Canadian business leaders from the Canada–Egypt Business Council (CEBC) to explore investment opportunities and strengthen economic cooperation between Egypt and Canada. During the meeting, GAFI delivered a
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