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Financial Institutions
Egypt denies reports of new sugar VAT in 2025/2026 budget proposal
The Egyptian Tax Authority (ETA) on Wednesday rejected claims that a value-added tax (VAT) would be introduced on…
Egypt positioned for steady growth through 2029 – FinMin in Washington
Egypt’s economic outlook is set to improve steadily over the next four years, supported by a cohesive government…
AMEDA 2025 Forum kicks off in Nigeria, shaping future of financial markets, infrastructure
The 41st edition of the Africa and Middle East Depository and Central Clearing Houses (AMEDA) annual Forum is…
IMF appoints 1st mission chief to Syria in over decade
The International Monetary Fund (IMF) has named Ron van Rooden as the new head of its mission to Syria — the first…
URGENT: IMF raises Egypt’s GDP growth forecast in ’25
The International Monetary Fund (IMF) on Tuesday raised its GDP growth forecast for Egypt, projecting expansion of…
Egypt, IFC discuss greater private sector role, investment reforms at IMF-WB Meetings
Egypt is stepping up efforts to attract private capital and expand development finance as it navigates an ambitious…
Egypt’s FinMin courts investors, seeks debt relief at IMF, G20 talks
Egypt’s Finance Minister Ahmed Kouchouk is in Washington this week for the International Monetary Fund (IMF) and…
Gulf issuers eye $6.5bn in bonds
Gulf issuers, led by Saudi Arabia’s $925 billion Public Investment Fund (PIF), are advancing plans to raise as much…
Egypt kicks off medium-term planning to boost investment, reforms
Egypt will begin work on its first medium-term economic and social development plan under the Unified Planning Law,…
Egypt to raise education spending to EGP 61b in FY2025/26
Egypt plans to increase public investment in the education sector to 61 billion Egyptian pounds in the 2025/26…