Suez Canal economic zone investments hit $7.1bn so far this fiscal year, chairperson tells OECD
Investments in Egypt’s Suez Canal Economic Zone (SCZone) have reached $7.1bn so far in the current fiscal year, up from $4.4bn during the previous financial year, the authority’s chairperson said on Monday. The economic zone has succeeded in drawing a
Egypt’s economic growth accelerates to 5.3% in first half of year, planning minister says
Egypt’s economic growth reached 5.3% in the first half of the current fiscal year, marking a broad and accelerating recovery across six consecutive quarters, Minister of Planning and Economic Development Ahmed Rostom said. Growth rose from 2.4% in fiscal year
Al-Sisi, OECD chief discuss reforms, expanding private sector role
Egyptian President Abdel Fattah Al-Sisi met on Monday with the Organisation for Economic Co-operation and Development’s (OECD) Secretary-General Mathias Cormann in Cairo to discuss strengthening economic cooperation and advancing Egypt’s reform programme, with a particular focus on boosting private sector
Egypt concludes five-year OECD policy programme, launches five structural economic reports
Egypt has concluded the first phase of its five-year Country Programme with the Organisation for Economic Co-operation and Development (OECD), launching five major reports aimed at guiding structural economic and institutional reforms, Prime Minister Mostafa Madbouly announced. Speaking at a
Egypt aims to boost mining to 6% of GDP, plans first aerial survey since 1984
Egypt aims to increase the mining sector’s contribution to its gross domestic product (GDP) to approximately 6% from less than 1% currently, and will launch a comprehensive aerial geophysical survey for minerals in June, the country’s petroleum and mineral resources
Egypt hosts 2nd Global Dialogue on AI Governance
Amr Talaat, Egypt’s Minister of Communications and Information Technology, presided over the closing session of the second Global Dialogue on Artificial Intelligence (AI) Governance. Held in Egypt from 19 to 21 November, the event convened members of the African Union
Egypt, OECD discuss progress on country programme, potential membership
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met with Ulrik Vestergaard Knudsen, Deputy Secretary-General of the Organisation for Economic Co-operation and Development (OECD), during his first visit to Egypt. The meeting focused on the close partnership
GDP is an outdated way of measuring the health of the economy
The Conversation —Economics and economic policy need a rethink. This is clear from the scale of inequality, joblessness, insecurity and environmental disasters we see in the world. People feel left behind, impoverished and unvoiced. They are looking to ethno-nationalist strongmen
Egypt’s green transition takes shape as new committee convenes – Dailynewsegypt
Egypt’s Environment Minister Yasmine Fouad has inaugurated the first meeting of the Environmental and Climate Policy Committee, a new body tasked with guiding the country’s green transition. The committee, which convened Saturday, brings together key ministries to discuss its objectives