Al-Sisi extends exceptional support for tax facilitation efforts: Finance Minister
Ahmed Kouchouk, Minister of Finance, affirmed that President Abdel Fattah Al-Sisi provided exceptional support for the government’s tax facilitation initiatives. He emphasized the Ministry’s full commitment to the accurate implementation…
MSMEDA injects EGP 800m into North, South Sinai to boost small projects
Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that the Authority has injected approximately EGP 800m into North and South Sinai from July 2014…
Egypt’s Minister Al-Mashat addresses growth, climate finance at IMF/World Bank meetings
Egypt's Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, continued her participation in the International Monetary Fund (IMF) and World Bank Group (WBG) Spring Meetings in Washington, D.C.,…
Grand Egyptian Museum: A Monumental Journey to Egypt’s Ancient Wonders
Against the timeless silhouette of the Giza Pyramids, a new cultural icon is set to emerge. The Grand Egyptian Museum (GEM), opening its doors on 3 July, promises to unveil…
EHA explores strategic partnership with Türkiye’s Modest Group
Ahmed ElSobky, Chairperson of the Egypt Healthcare Authority (EHA) and General Supervisor of the Comprehensive Health Insurance System, chaired a meeting with a high-level delegation from Türkiye’s Modest Group, a…
Egypt welcomes WB, IMF growth forecasts, points to reforms
Egypt's economy is forecast to see increased growth in the current and next fiscal years according to the World Bank (WB) and International Monetary Fund (IMF), projections which the government…
CBE governor participates in second G20 FMCBG meeting
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in the second meeting of the G20 Finance Ministers and Central Bank Governors (FMCBG), held on 23–24 April 2025.…
Government to issue EGP 2.175trn in local debt instruments in Q4 of FY25
The Egyptian government plans to issue EGP 2.175trn in local debt instruments during the fourth quarter of fiscal year 2024/2025 to refinance maturing debt and finance the state budget deficit.…
Hamas open to long-term Gaza truce but rejects disarmament, adviser says
Hamas is open to a long-term truce with Israel in Gaza but is "not prepared to lay down its arms," a senior official said on Saturday, as a delegation from…
CIB launches enhanced internet banking platform to accelerate digital transformation
Commercial International Bank – Egypt (CIB) has launched an upgraded version of its internet banking platform, enabling customers to securely manage their accounts and perform banking transactions directly through a…