IMF praises Egypt’s notable progress on investment, trade reforms
The International Monetary Fund (IMF) mission, currently in Cairo to conduct the fifth and sixth reviews of Egypt’s Extended Fund Facility programme, has commended the substantial progress achieved in the country’s investment and trade reform files. The mission affirmed that
Egypt-Greece trade hits $2bn: GAFI
Yasser Abbas, Deputy CEO of the General Authority for Investment and Free Zones (GAFI), announced that economic relations between Egypt and Greece continue to strengthen, with bilateral trade reaching approximately $2bn and more than 200 Greek companies now active across
Egypt unveils ambitious strategy to boost D-8 intra-trade to $500bn by 2030
Hassan El-Khatib, Minister of Investment and Foreign Trade, reaffirmed Egypt’s commitment to completing the ratification procedures for the Preferential Trade Agreement (PTA) among member states of the Developing-8 Organisation for Economic Cooperation (D-8). He added that Egypt will formally notify
Investment, finance ministries implement 29 reforms to boost trade flow across ports
Minister of Investment and Foreign Trade Hassan El-Khatib chaired a meeting of the Board of Directors of the Export Subsidy Fund to discuss the budget of the 2025/2026 Export Rebate Programme. El-Khatib highlighted ongoing coordination with Minister of Finance Ahmed
Egypt businesses eye increased trade, investment with Saudi Arabia: HSBC report
New HSBC research shows Egyptian businesses are turning to Saudi Arabia as their next growth priority; almost 90% set to significantly increase trade in the next 5 years. According to a new HSBC report, Egyptian business leaders plan to rapidly
Egypt’s non-oil exports surge 19% to $40.6bn in M10 2025
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, reviewed the latest foreign trade indicators for October 2025, highlighting continued growth in exports and a significant decline in the trade deficit, according to a report from the General Organization for
Egypt’s trade with G20 countries hits $70.4bn in first 9 months of 2025
The Central Agency for Public Mobilization and Statistics (CAPMAS) reported an increase in trade between Egypt and the Group of 20 countries (G20) to $70.4bn during the period extending from January to September 2025, compared to $61.7bn in the same
Egypt explores industrial cooperation in automotive sector with Southern African Customs Union
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, met with South Africa’s Minister of Trade, Industry and Competition, Parks Tau, to discuss strengthening economic relations between the two countries, with a focus on potential industrial cooperation in the automotive
El Khatib meets with ICC’s Denton on sidelines of Bloomberg summit
Egyptian Minister of Investment and Foreign Trade, Hassan El Khatib, has met with the head of the International Chamber of Commerce (ICC) in Johannesburg to discuss joint cooperation, the ministry said in a statement. The meeting between El Khatib and
Standard Bank launches Egypt office to boost Africa, Middle East trade
Standard Bank Group, Africa’s largest financial institution by assets, has officially launched a representative office in Egypt to strengthen trade and investment flows between Egypt, Sub-Saharan Africa, and the Middle East. The South Africa-based bank announced the launch at an