Cairo prepares for 5th session of Egyptian-Hungarian Joint Committee
Egypt is preparing for the fifth session of the Egyptian-Hungarian Joint Committee for Economic, Scientific, and Technical Cooperation, scheduled for April 10, 2025. Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat chaired a preparatory meeting on April 9,
Egypt approves record 2025/26 budget with focus on growth, social investment
The Egyptian cabinet, led by Prime Minister Mostafa Madbouly, has approved the draft budget for the 2025/2026 fiscal year and referred it to Parliament for discussion and final approval. The new budget reflects record spending and a continued commitment to
Egyptian Parliament approves EBRD expansion into Sub-Saharan Africa and Iraq
The Egyptian House of Representatives has approved an amendment to the European Bank for Reconstruction and Development’s (EBRD) establishment agreement, paving the way for the bank to expand its operations into sub-Saharan Africa and Iraq. The decision, ratified during a
Egypt unveils national financing strategy to meet SDGs
Egypt has launched its National Integrated Financing Strategy (E-INFS) to help meet its Sustainable Development Goals (SDGs) by 2030. Prime Minister Mostafa Madbouly, speaking at the launch event on Tuesday, emphasised the importance of shared solutions to address pressing development
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
Renewable energy dominates Egypt’s new investment strategy
Egypt is prioritising renewable energy in its new investment plan to become a regional energy hub, officials announced after a meeting between Planning Minister Rania al-Mashat and Electricity Minister Mahmoud Essmat on Tuesday. The discussions focused on the electricity and
Al-Mashat says Egypt, Bahrain seek stronger economic ties
Egypt and Bahrain are keen to strengthen their economic partnership. Rania Al-Mashat, Minister of Planning and Economic Development, attended the Egyptian-Bahraini Joint Committee meeting here and stressed the close ties between the two nations. The meeting, chaired by Ahmed Kouchouk,
Egypt, EBRD sign agreements to boost Public-Private Partnerships
The Egyptian government and the Ministry of Finance signed two separate agreements with the European Bank for Reconstruction and Development (EBRD) on Wednesday to stimulate private sector growth. Egypt’s Prime Minister Mostafa Madbouly attended the signing ceremony. The Ministry of
Egypt’s PM reviews draft budget for FY 2025/26
Egypt’s Prime Minister Mostafa Madbouly reviewed the draft budget for fiscal year (FY) 2025/26 at a meeting held Tuesday in the New Administrative Capital. The budget prioritises increased spending on education, healthcare, and social protection programmes, while maintaining a
Ministerial group finalizes Egypt’s startup charter
Egypt’s government plans to bolster its startup sector with a new financial package and a unified definition of startups, officials announced following a recent meeting. The Ministerial Group for Entrepreneurship, chaired by Planning Minister Rania Al-Mashat, concluded its third meeting