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Egypt’s GDP growth rate hits 4.3% in Q2 FY2024/25: Al-Mashat

Egypt’s gross domestic product (GDP) growth rate recorded 4.3% in the second quarter (Q2) of fiscal year (FY) 2024/2025.

Updated 3/26/2025 11:23:00 AM
Egypt, Azerbaijan mull fostering economic cooperation

Egypt and Azerbaijan have discussed ways to boost bilateral economic relations and enhance joint investment and development cooperation

Updated 3/26/2025 10:01:00 AM
Egypt, IFC join forces to upgrade 11 airports via PPPs

The International Finance Corporation (IFC) penned an agreement with Egypt’s Ministry of Civil Aviation to advise on introducing public-private partnerships (PPP) in 11 airports across Egypt to improve infrastructure, connectivity, and passenger services.

Updated 3/25/2025 8:14:00 AM
Egypt's Parliament approves EBRD's expansion plans into Sub-Saharan Africa, Iraq

The House of Representatives agreed upon presidential decision No. 70 of 2025, which approved decisions No. 259 and 260 of the European Bank for Reconstruction and Development's (EBRD) Board of Governors on expanding the bank's operations in sub-Saharan Africa and Iraq.

Updated 3/25/2025 7:19:00 AM
Egypt engages in 26 projects under Interreg NEXT MED program’s 1st phase

National efforts led by the Ministry of Planning, Economic Development, and International Cooperation succeeded in bolstering Egypt’s participation in 26 projects under the first phase of the Interreg NEXT MED Cooperation Programme for the Mediterranean Basin, planning minister Rania Al-Mashat announced.

Updated 3/17/2025 1:57:00 AM
Egypt allocates EGP 6.7B for renewable energy projects under NWFE program in FY 2024/25

Egypt has secured EGP 6.7 billion in public investments from the fiscal year (FY) 2024/2025 economic and social development plan for four renewable energy projects.

Updated 3/16/2025 8:05:00 AM
Egypt’s economy likely to grow 4% in FY2024/25: Al-Mashat

Egypt’s economy is expected to grow by 4% by the end of fiscal year (FY) 2024/2025, Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat said in an interview with Richard Quest on CNN.

Updated 3/6/2025 7:38:00 AM
Egypt, World Economic Forum seal LoI to launch Egyptian Future of Growth Accelerator

Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, inked a letter of intent (LoI) with the World Economic Forum to launch the Egyptian Future of Growth Accelerator.

Updated 1/23/2025 9:10:00 AM
Egypt, Switzerland ink Joint Economic Committee at Davos Forum

Egypt and Switzerland penned an agreement to establish the Joint Economic Committee to enhance trade exchanges and facilitate investments from both countries.

Updated 1/22/2025 8:53:00 AM
Egypt, EU begin talks over €4B financing deal: Al-Mashat

Egypt has started negotiations with the European Union (EU) to obtain €4 billion (EGP 208 billion) in financing, with expectations to conclude the agreement in June.

Updated 1/22/2025 8:21:00 AM
Egypt-EU talks over €4B funding to start in April: Al-Mashat

Egypt is set to begin negotiations with the European Union (EU) next April to obtain funding worth up to €4 billion

Updated 1/14/2025 8:34:00 AM
Egypt, European Parliament probe €4B financing under MFA package

Egypt discussed the second phase worth €4 billion of the Macro-Financial Assistance (MFA) package with the European Parliament.

Updated 1/12/2025 10:08:00 AM
Egypt, Cyprus, Greece sign deal to establish joint business council

Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, witnessed the signing of a cooperation protocol between the Egyptian, Greek, and Cypriot Chambers Federation to establish a joint business council between the three countries.

Updated 1/9/2025 11:55:00 AM
Egypt, Japan ink $230M development financing agreement

Egypt signed a $230 million soft development financing agreement with Japan to support the country’s budget and support private sector development

Updated 12/18/2024 1:49:00 AM
Guide to successful solutions, practices for investment in Egypt’s renewables launched

The Egyptian Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat has witnessed the launch of a guide to successful solutions and practices for investment in the field of renewable energy, in partnership with the World Economic Forum.

Updated 10/7/2024 12:26:00 PM
Egypt in process of finalizing executive regulations for General Unified Planning Law

The Egyptian government is working on finalizing and activating the executive regulations for the General Unified Planning Law, Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat stated.

Updated 10/7/2024 9:58:00 AM
Al-Mashat chairs 1st meeting of ministerial group for entrepreneurship

Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat has chaired the first meeting of the ministerial group for entrepreneurship.

Updated 10/7/2024 1:58:00 AM
Planning Ministry, CI Capital probe ways to attract regional investors

The Ministry of Planning, Economic Development, and International Cooperation has mulled with CI Capital Holding ways to foster cooperation and attract investors from across the region.

Updated 9/22/2024 11:51:00 AM
Al-Mashat initiates dialogue with private sector to promote economic development

The Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat has initiated a dialogue with the private sector and international partners to forge strategic partnerships aiming to boost the country’s economic development.

Updated 8/26/2024 11:08:00 AM
Egypt, UN Global Compact explore joint cooperation

Minister of International Cooperation Rania Al-Mashat met with Chief of Government Relations and Africa at the UN Global Compact Tolulope Lewis-Tamoka to explore means of joint cooperation.

Updated 5/27/2024 4:54:00 AM