Egypt is actively pushing to position itself as a key transit hub in a broader railway network connecting Asia and Europe, according to Deputy Prime Minister for Industrial Development and Minister of ...

During the European Bank for Reconstruction and Development (EBRD) Annual Meetings held in the United Kingdom, Rania Al-Mashat, Minister of Planning, Economic Development, and International ...

Kouchouk emphasized that Egypt’s immediate goal is to reduce the country’s debt-to-GDP ratio to 85% by the end of the current fiscal year.

The Ministry of Investment and Foreign Trade has issued six new golden licenses to 6 of strategic investment projects across Egypt. Among the recipients is the Coficab Egypt project, specializing in ...

The Monetary Policy Committee of the Central Bank of Egypt decided to reduce the overnight deposit and lending rates, as well as the Central Bank’s main operation rate, by 100 basis points to 24.00%, ...

Prime Minister, Mostafa Madbouly, witnessed the signing ceremony of a new agreement between the global automaker Jetour and El-Kasrawy Group at the Cabinet headquarters in Egypt’s New Administrative ...

The International Monetary Fund (IMF) is reportedly set to begin the fifth review of Egypt’s economic reform program this week, according to a government official who spoke to Al Asharq on condition ...

Fitch Solutions has forecast a gradual improvement in Egypt’s economic indicators from the current fiscal year through 2027/2028, driven by the government’s ongoing fiscal reforms and economic ...

Egyptian President Abdel Fattah El-Sisi officially signed Egypt’s new Labor Law, describing it as a landmark step forward in the protection of workers’ rights in Egypt. Speaking at the Labor Day ...

Prime Minister, Mostafa Madbouly, of Egypt, received Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), and her accompanying delegation at the Government ...

Egypt has rolled out nearly 500 reform measures between May 2022 and December 2024 as part of a sweeping initiative to strengthen private sector involvement in the national economy, according to a ...

With over €13.8 billion invested in Egypt’s economy since 2012—more than 86% of it directed to the private sector — the European Bank for Reconstruction and Development (EBRD) is a significant ...