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Egypt to offer up to 8 ministerial headquarters to investors in H2: Elsaid

Egypt will start offering from seven to eight old ministerial headquarters for sale to investors within the second half (H2) of the current year.

Updated 6/4/2024 9:24:00 AM
TSFE eyes launching industry-oriented sub-fund: ElSaid

The Sovereign Fund of Egypt (TSFE) is currently studying the launch of a new sub-fund, with a specific focus on the industrial sector, Minister of Planning and Economic Development Hala ElSaid stated.

Updated 5/14/2024 7:18:00 AM
TSFE to launch Gulf roadshow in June: ElSaid 

The Sovereign Fund of Egypt (TSFE) is planning to conduct a roadshow across the Gulf countries in June to lure new investments, Minister of Planning and Economic Development Hala ElSaid revealed.

Updated 5/13/2024 8:21:00 AM
Egypt cuts investment plan for FY 2023/24 by 15%: Elsaid

Egypt has trimmed its investment plan for the current fiscal year of (FY) 2023/2024 by 15%, which represents EGP 45 billion, Minister of Planning and Economic Development Hala Elsaid announced.

Updated 2/19/2024 9:11:00 AM
Egypt targets economic growth of 4.2% in FY2024/25: Elsaid

Egypt is targeting achieving an economic growth of 4.2% in the coming fiscal year (FY) of 2024/2025, up from targeted growth of 3% in the current FY, Minister of Planning and Economic Development Hala Elsaid stated.

Updated 2/19/2024 7:10:00 AM
Sectors Driving Egypt’s Economy

Updated 1/31/2024 2:07:00 PM
Decent Life initiative raises EGP 19B in financing since March

Egypt’s Decent Life initiative has raised EGP 19 billion in financing since March, reaching a total of EGP 200 billion.

Updated 8/2/2023 8:29:00 AM
Egypt targets economic growth of up to 4.2% in 2023: Elsaid

Egypt is targeting achieving economic growth of around 4.1% to 4.2% this year.

Updated 7/12/2023 9:06:00 AM