Economy

Egypt allocates Red Sea land to cut public debt as Madbouly reviews 2030 debt target

Egyptian President Abdel Fattah Al-Sisi has issued a decree allocating about 26,690 feddans of state-owned land in the Red Sea governorate to the finance...

Egypt’s Investment, Planning ministers discuss stronger economic ties with US

Mohamed Farid, Minister of Investment and Foreign Trade, and Ahmed Rostom, Minister of Planning and Economic Development, held talks with US Commerce Secretary Howard...
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Egypt’s cabinet approves second phase of World Bank budget support programme

Egypt’s cabinet, meeting under Prime Minister Mostafa Madbouly at the government’s headquarters in the New Administrative Capital, approved a...

SCZONE, Shanghai Pudong Development Bank explore investment, financing partnership

Moustafa Shaikhon, Chairperson of the Suez Canal Economic Zone (SCZONE), met on Tuesday with a delegation from Shanghai Pudong...

Egypt, India seek stronger partnership in start-ups, innovative financing

Ahmed Rostom, Minister of Planning and Economic Development, met with Suresh K. Reddy, India’s Ambassador to Cairo, to discuss...

Planning minister discusses private-sector support with ITFC

Ahmed Rostom, Minister of Planning and Economic Development and Egypt’s Governor at the Islamic Development Bank (IsDB) Group, met...

Egypt, World Bank discuss support for sustainable development, green transition

Ahmed Rostom, Minister of Planning and Economic Development, held an expanded meeting with a World Bank Group delegation to...

Planning ministry studies new advanced e-payment instruments

Ahmed Rostom, Minister of Planning and Economic Development, said the ministry is studying the introduction of new and advanced...