The committees must complete their work within three months from the law’s enforcement date. The governor will then issue a decree with the committees’ findings, to be published in the Official ...

Among the banks implementing the changes are the National Bank of Egypt (NBE), Commercial International Bank (CIB), and Arab African International Bank (AAIB).

Speaking at his weekly press conference today, Madbouly stressed that the agreement does not alter Egypt’s position on the Palestinian cause or its rejection of displacement.

Ahmed Fahmy, Presidential Spokesperson, stated that the Supreme Investment Council approved 22 decisions today. He ...

In its newly released Arab Economic Outlook Report 2025, the AMF forecasts Egypt’s GDP will expand by 4.2% in 2025 and climb to 4.7% in 2026.

“We are committed to empowering the Egyptian private sector and expanding its access to African markets,” declared Finance Minister Ahmed Kouchouk during a high-level meeting with the Egyptian-African ...

Private equity (PE) activity across the MENA region continued its downward trend in the first half of 2025, with investors shifting toward fewer, larger-scale deals. The number of PE transactions ...

These reforms are scheduled for completion before September 2025, and are designed to attract more foreign direct investment (FDI) and enhance the global competitiveness of Egyptian exports.

However, the IMF lowered its projection for the current fiscal year, which began in July, to 4.1%—down from the earlier forecast of 4.3%.

The International Monetary Fund (IMF) projected that the Suez Canal’s revenues will increase by 88.9%, rising from an expected $6.3 billion in FY2025/2026 to $11.9 billion by FY2029/2030, according to ...

Looking ahead, economists project growth to rise to 4.6% during the current fiscal year, reflecting cautious optimism for a gradual rebound.

The Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) have signed a new agreement with Eni’s IEOC and BP, introducing incentivized terms to kickstart ...