Egypt targets 5% growth as reforms, Gaza deal boost prospects, says Al-Mashat
Egypt’s economy is on track to achieve growth of nearly 5% in the current 2025/2026 fiscal year, supported by economic reforms and the positive impact of a peace deal in Gaza, Planning and International Minister Rania Al-Mashat said on Wednesday.
Egypt, IFC discuss expanding private sector financing, advancing State Ownership Policy Document
Investment and Foreign Trade Minister Hassan El-Khatib and Planning, Economic Development and International Cooperation Minister Rania Al-Mashat held a joint meeting with Makhtar Diop, Managing Director of the International Finance Corporation (IFC), a member of the World Bank Group, on
Egypt presents ‘new economic narrative’ focused on real economy at G-24 meeting
Egypt has outlined its new economic reform programme, “Egypt’s Narrative for Economic Development,” which focuses on the real economy and empowering the private sector, its planning minister said during the IMF and World Bank annual meetings in Washington. In a
Egypt’s Al-Mashat expects 2026 to be ‘turning point’ for economy after Gaza deal
Egypt’s Minister of Planning and International Cooperation said she expects 2026 to be a “turning point” for the country’s economy, with a peace deal in Gaza set to restore normal navigation in the Suez Canal and boost revenues alongside growth
Al-Mashat meets Alstom VP to discuss boosting French company’s Egypt investments
Egyptian Minister of Planning and International Cooperation Rania Al-Mashat has met with a senior executive from French multinational Alstom to discuss strengthening cooperation, increasing the company’s investments in Egypt, and advancing efforts to localise industry. The meeting with Philippe Delleur,
Egypt, EU discuss CBAM impact, green transition cooperation
Egyptian Minister of Planning Rania Al-Mashat has met with the European Union’s Commissioner for Environment, Water Resilience, and competitive Circular Economy, Jessika Roswall, to discuss the implementation of the EU’s Carbon Border Adjustment Mechanism (CBAM). The meeting, held during the
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