Egypt is among largest countries of operations for IFC: Al-Mashat
Egypt’s strategic partnership with IFC bolsters private sector with $9bn investment
Shoukry affirms mechanisms in place for Egyptian-Israeli treaty compliance
Slovenian Foreign Minister denounces Israel’s starvation tactics in Gaza
Egypt expresses solidarity with South Africa’s legal action against Israel at ICJ
Egypt has declared its support for South Africa’s legal action against Israel at the International Court of Justice (ICJ), which seeks to address alleged violations by Israel of the Genocide…
Empowering Egypt’s economy: IFC, World Bank spearhead private sector growth, development initiatives
During the “IFC Day in Egypt” conference, Minister of Trade and Industry Ahmed Samir joined a host of ministers, senior officials, and Egypt’s business community leaders. The IFC, a World…
Banque du Caire secures $100m financing deal with IFC
In a move that strengthens the enduring partnership between Egypt and the International Finance Corporation (IFC), a significant financing agreement was endorsed. Rania Al-Mashat, Egypt’s Minister of International Cooperation and…
Private sector investments reach 40% of total: Egypt’s Planning Minister
Egypt's private sector investment share has risen to 40% in the current fiscal year, and the government aims to increase this to 50% in the next fiscal year, according to…
Al-Sisi inaugurates restored Sayyida Zainab Mosque, reveals plan to develop historic mosques
Egypt’s President Abdel Fattah Al-Sisi inaugurated the Sayyida Zainab Mosque on Sunday following its restoration and rehabilitation. The ceremony was attended by several political leaders and religious figures, including Sultan…
QatarEnergy acquires stake in 2 Egyptian offshore gas exploration blocks
QatarEnergy announced on Sunday its acquisition of a 40% participating interest in two offshore gas exploration blocks off Egypt's northern coast. The deal, made with ExxonMobil, gives QatarEnergy stakes in the Cairo…
Government committed to expanding private sector participation in economy: Egypt’s PM
Egypt not implementing asset monetisation programme due to need for hard currency, but to reform the economy, says IFC VP for Africa
Trial runs with passengers to start Wednesday on final Cairo Metro Line Three segment
The third and final segment of Cairo Metro Line Three will begin trial operations with passengers on Wednesday, Egypt's Ministry of Transport announced Sunday. This marks the completion of Line…