Egypt pivots to technology and global supply chains for industrial growth, cites Africa as top opportunity
Egypt aims to become one of the top five players globally across seven shortlisted industrial sectors by 2035 through deep integration into global supply chains, the country’s industry minister announced during an event marking 50 years of collaboration with the
IFC marks 50 years in Egypt with $10bn mobilized across 300 projects
The International Finance Corporation (IFC) is celebrating five decades of partnership with Egypt’s private sector, during which it has invested and mobilized more than $10bn across nearly 300 projects since 1976. According to IFC, these investments have spanned critical sectors
Egypt, World Bank develop innovative financing model for infrastructure projects
Ahmed Rostom, Minister of Planning and Economic Development, met with Almud Weitz, Regional Director for Infrastructure in the Middle East and North Africa at the World Bank Group, to discuss strengthening cooperation and advancing shared strategic priorities. Rostom affirmed that
Egypt, World Bank explore pharma localisation, healthcare cooperation
Egypt’s Ministry of Health has discussed with the World Bank Group, including the International Finance Corporation (IFC), ways to deepen cooperation in the healthcare sector, with a focus on localising pharmaceutical production and improving service quality. Health Minister Khaled Abdel
Egypt launches National Health Compact to expand access to quality care
Egypt has joined 14 other countries in launching a National Health Compact, marking a major step toward expanding access to quality and affordable healthcare for millions of citizens. The initiative aligns with the World Bank Group’s goal, set in April
Egypt, Boeing discuss expanding aviation partnership, investment cooperation
Minister of Investment and Foreign Trade Hassan El-Khatib has met with senior executives from Boeing at the Egyptian Embassy in Washington, D.C., on the sidelines of the annual meetings of the International Monetary Fund (IMF) and the World Bank Group,
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, IFC discuss collaboration to unlock mining, infrastructure potential
Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met with International Finance Corporation (IFC) officials to explore opportunities for collaboration in the mining and infrastructure sectors. The Monday meeting, held in Cairo, aimed to leverage the IFC’s
ADIB-Egypt receives Global Finance Magazine’s “Best Islamic Financial Institution in Egypt” award for 7th year
Abu Dhabi Islamic Bank-Egypt (ADIB-Egypt) received Global Finance Magazine’s “Best Islamic Financial Institution in Egypt” award for the seventh consecutive year, marking the bank’s ongoing pioneership in excellence and leadership. The accolade was accepted by ADIB-Egypt’s CEO and Managing Director
Egypt holds consultative meeting to discuss national foreign direct investment strategy
Egypt’s Ministry of Planning, Economic Development and International Cooperation hosted a consultative meeting on Tuesday to discuss the draft of the National Foreign Direct Investment (FDI) Strategy, prepared in collaboration with the World Bank Group. The meeting, attended by representatives