Egypt sends official letter to UN Security Council regarding GERD developments
This is based on the Council's responsibility in accordance with the UN Charter on international peace and security.
31.3% of Egypt’s 2022 budget goes to economic development: Finance Minister
Egypt’s Minister of Finance Mohamed Maait has confirmed that31.3% of the country’s programme and performance budget allocations for fiscal year (FY) 2021/22 have been allocated to achieving economic development. This will also go towards raising…
Egypt attentive to achieving regional economic integration in Africa: Trade Minister
Egypt’s Minister of Trade and Industry Nevine Gamea has said that Egypt pays great importance to achieving regional economic integration in Africa. Gamea highlighted the importance of: activating joint continental work to achieve industrial and agricultural integration; enhance intra-trade; support…
Egyptian government, banking sector take strong action to support MSMEs
National Bank of Egypt receives $100m from European Investment Bank to support SMEs
Afreximbank equips Banque du Caire with $200m intra-African finance
Facility is designed to finance Banque du Caire’s expansion across Africa
Egypt’s development portfolio in 2020 amounted to $25bn: Al-Mashat
Minister Al-Mashat takes part in African Investment Promotion Agencies Forum focusing on integration for growth
Nakheel Developments to begin construction on Trio V Tower at New Capital
Company decided to transfer its vast experience to Egypt in 2017 aimed at developing integrated urban projects with international standards
Egypt’s infrastructure investments recorded EGP 1.7trn over 7 years: Planning Minister
Egypt’s Minister of Planning and Economic Development Hala El-Said revealed that public investments directed to infrastructure during the last seven years amounted to EGP 1.7 trn ($100bn). This came during…
Egypt, UN discuss GERD, regional, international issues
The phone call touched on several regional and international issues, including the Ethiopian dam issue.
Egypt’s urban inflation rises to 4.8% in May 2021, compared to 4.1% in April: CAPMAS
General consumer price index across country reached 112.9 points in May 2021