Al Tadamun Microfinance, CIB sign credit facility agreement worth EGP 150m
Al Tadamun Microfinance Foundation, a leader in financing micro-enterprises for women, announced that it had signed an agreement with the Commercial International Bank – Egypt (CIB) to renew a credit facility agreement worth EGP 150m. This agreement aims to expand
Egypt, World Bank collaborate on Greater Cairo Air Pollution Management and Climate Change Project
Egypt’s Minister of Environment, Yasmine Fouad, inaugurated the opening session of a World Bank technical mission visit to review the progress of the Greater Cairo Air Pollution Management and Climate Change Project. This joint initiative between the Ministry of Environment
Al-Sisi orders review of Egypt’s IMF programme
Egypt’s President Abdel Fattah Al-Sisi has urged the government to reassess the country’s programme with the International Monetary Fund (IMF) in response to current regional and global developments. Speaking at the Global Conference on Population, Health, and Human Development (24PHDC)
Egypt’s PM highlights focus on export growth, unveils localisation incentives
Egypt’s Prime Minister Mostafa Madbouly has stressed the importance of the Export Reimbursement Programme in driving Egypt’s economic growth, highlighting plans to offer unprecedented incentives for localising industries and streamlining payment procedures for exporters. Madbouly chaired a Cabinet meeting on
Egypt launches 2nd Global Conference on Population, Health, and Human Development
Egypt’s Deputy Prime Minister and Minister of Health and Population, Khaled Abdel Ghaffar, launched the second Global Conference on Population, Health, and Human Development (PHDC24) on Sunday, under the patronage of President Abdel Fattah Al-Sisi. The conference, themed “Human Development
Strengthening Egyptian-Turkish private sector partnerships to achieve sustainable development goals: Finance Minister
Egyptian Finance Minister Ahmed Kouchouk emphasized the government’s commitment to improving the business environment and reducing financial burdens through integrated fiscal, investment, and trade policies. These efforts aim to drive investment, production, and exports, fostering private sector growth within the
UNIDO launches 23 projects worth $58m for energy efficiency, green initiatives in Egypt
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir held a meeting with Patrick Regional Representative in Egypt at the United Nations Industrial Development Organization (UNIDO) Patrick Gilabert, and his accompanying team to review the
ETA chief announces 20 tax reforms after comprehensive talks with business leaders
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), stated that the suggested reforms to the taxation system began with a strategic and methodical plan to ensure the sustainability of the reform approach following best international practices that satisfy
Egypt’s agricultural exports record $4.04bn within 9 months
Minister of Agriculture and Land Reclamation, Alaa Farouk, has received a report from the Head of the Egyptian Agricultural Quarantine Mohamed El Mansy regarding Egypt’s agricultural exports from 1 January to 16 October 2024. According to the report, Egypt’s agricultural
Egypt, UK strengthen ties, discuss investment, climate action
Egypt’s Minister of Planning and Economic Development, Rania Al-Mashat, welcomed Hamish Falconer, Parliamentary Under-Secretary of State (Middle East, North Africa, Afghanistan and Pakistan) at the Foreign, Commonwealth and Development Office of the United Kingdom, on his first visit to Egypt.