Egypt and the African Development Bank (AfDB) signed a $170 million agreement for the second phase of the Private Sector Development and Economic Diversification Financing Program (PSD-EDSP) to support the private sector and promote economic diversification.
Updated 1/19/2026 12:44:00 PM
The total concessional development financing mobilized with multilateral and bilateral development partners to support Egypt’s general budget hit nearly $9.5 billion during the years from 2023 to 2026, Minister of Planning and Economic Development and International Cooperation Rania Al-Mashat unveiled.
Updated 1/15/2026 2:37:00 PM
Egypt has received €1 billion in macro-financial assistance (MFA) from the European Union (EU), announced Minister of Planning and Economic Development and International Cooperation Rania Al-Mashat.
Updated 1/15/2026 1:31:00 PM
Minister of Planning and Economic Development and International Cooperation Rania Al-Mashat launched the second edition of the ‘Narrative for Comprehensive Development: Policies Supporting Growth and Employment’.
Updated 1/13/2026 9:18:00 AM
The Egyptian economy grew at its fastest pace in over three years during the first quarter (Q1) of fiscal year (FY) 2025/2026.
Updated 11/27/2025 10:28:00 AMEgypt and Azerbaijan signed a protocol agreement, covering 12 priority economic and development sectors
Updated 11/25/2025 7:05:00 AMEgypt and Germany signed agreements for concessional financing, debt swaps, grants, and technical cooperation at a total value of €294.5 million (EGP 16 billion),
Updated 11/19/2025 7:01:00 AMEgypt and Slovakia signed an agreement to form the Joint Committee for Economic Cooperation to expand investments and increase the number of tourists coming to Egypt
Updated 11/2/2025 11:01:00 AMEgypt and France have renewed their technical and financial cooperation to implement priority projects in Egypt until 2030 at a value of €4 billion , announced Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat.
Updated 10/2/2025 12:15:00 PM
Egyptian startups have attracted $2.2 billion in venture capital investments since 2020, Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat announced.
Updated 9/28/2025 6:52:00 AMEgypt has received $16 billion in concessional financing from development partners for the public and private sectors since 2020.
Updated 9/21/2025 2:39:00 AM
The government aims to increase investments directed towards green projects to nearly EGP 637 billion, equivalent to 55% of total public investments, under the Economic and Social Development Plan for fiscal year (FY) 2025/2026.
Updated 9/17/2025 2:16:00 AMEgypt has exported goods to Tunisia at nearly $434.5 million in 2024, marking a growth of 15.4% compared to 2023, Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat indicated.
Updated 9/11/2025 12:50:00 PMEgypt aims to increase its economic growth rate to 7% by 2030, versus a targeted growth of 4.5% set for fiscal year (FY) 2025/2026.
Updated 9/8/2025 7:52:00 AM
Egypt is targeting EGP 136.3 billion in investment in its electricity and renewable energy sector for fiscal year (FY) 2025/2026, Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat revealed.
Updated 9/2/2025 9:00:00 AM
Egypt and Vietnam signed a memorandum of understanding (MoU) to deepen cooperation in economic development and bilateral trade.
Updated 8/6/2025 12:36:00 PMAround 1,600 German companies operating in Egypt have injected a total investment worth over €6 billion into the country's private sector, mainly the energy, green transition, and industrial development sectors.
Updated 7/21/2025 7:35:00 AMPrime Minister Mostafa Madbouly held a ministerial meeting to follow up on efforts to enhance Egyptian-American economic cooperation
Updated 7/20/2025 3:32:00 AMThe Egyptian government rolled out plans to develop a roadmap for implementing the Carbon Border Adjustment Mechanism (CBAM) policy to advance its green transition, according to a statement.
Updated 7/16/2025 3:13:00 AM
The bilateral economic cooperation portfolio between Egypt and Germany has reached €1.6 billion, announced Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat.
Updated 7/1/2025 1:05:00 AM