Egypt’s FY 2023/24 development plan hits 98.5% implementation rate
Egypt’s Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat has reviewed the implementation of the fiscal year (FY) 2023/24 economic and social development plan with the Economic Committee of the House of Representatives. Al-Mashat, participating in a meeting
Egypt explores cooperation in medical technology with Medtronic
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, met with Anna Kasprzak, Regional Vice President of Medtronic and President of Africa, Central, and Eastern Europe, along with her accompanying delegation, to discuss collaboration in medical
Egypt’s Petroleum Minister explores stronger energy ties with UK’s Harbour Energy
On the sidelines of the CERAWeek Global Energy Conference in Houston, Texas, Minister of Petroleum and Mineral Resources Karim Badawi met with Harbour Energy CEO Linda Cook to discuss enhanced cooperation in exploration and drilling. The meeting also reviewed plans
Egypt strengthens business climate to attract more FDI, streamline investment procedures
Hassan El-Khatib, Minister of Investment and Foreign Trade, participated in a panel discussion organized by the Egyptian Private Equity and Venture Capital Association (EPEA), alongside key government officials and business leaders. The discussion, which included Rania Al-Mashat, Minister of Planning,
Egypt’s Al-Wazir, MSC Group discuss new investments to strengthen transport, logistics
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir met with Soren Toft, CEO of MSC Group, to explore new investment opportunities in Egypt’s transport and logistics sectors. The discussions align with Egypt’s strategy to
MSMEDA issues 130,000 licences for small enterprises over past decade
Basil Rahmy, CEO of the Micro, Small, and Medium Enterprises Development Agency (MSMEDA), announced that between July 2014 and December 2024, the agency issued 19,804 final and temporary business regularization licences, along with 110,137 final licences for small enterprises. These
IMF approves $2.5bn for Egypt, including $1.3bn for climate resilience
The International Monetary Fund (IMF) has approved a $2.5bn financing package for Egypt, with approximately half to be disbursed immediately, according to statements from the IMF and the Egyptian Ministries of Finance and Environment. Of the total, $1.2bn will be
Egypt’s Petroleum Minister participates in global energy conference CERAWEEK in Houston
Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, took part in the CERAWEEK global energy conference, held from 10 to 14 March, in Houston, Texas. Themed “Moving Forward: Energy Strategies in a Complex World,” this year’s event focuses on
Egypt launches new initiative for expats to invest in 1.5 Million Feddan Project
In a bid to enhance investment opportunities for Egyptians abroad, the New Egyptian Countryside Development Company has launched a new initiative titled “Your Farm in Egypt,” in collaboration with the Ministries of Foreign Affairs and Migration and Egyptians Abroad Affairs.
Abdelatty outlines priorities for Egyptian foreign policy
Egyptian Minister of Foreign Affairs Badr Abdelatty met with senior officials from the Ministry on Monday, to review operations and discuss key foreign policy priorities. The meeting included Deputy Ministers of Foreign Affairs, Assistant Ministers for geographical and technical sectors,