Egypt, World Bank advance plans for infrastructure financing guarantee mechanism
Egypt and the World Bank are in the final stages of launching a mechanism to attract private-sector investment into…
Browsing Tag
Ahmed Rostom
Egypt’s unemployment falls to 5.8% in Q2 as focus shifts to job quality – minister
Egypt's unemployment rate fell to 5.8 per cent in the second quarter of 2026, as the government shifts its focus…
Egypt to pilot programme-based budgeting in FY2027/2028
Egypt will begin pilot implementation of programme and performance-based budgeting in the 2027/2028 fiscal year as…
Egypt announces fast-track investment system at AIM Congress 2026
Egypt has introduced a “Fast-Track” system to speed up licensing and utilities procedures for investment and…
Egypt’s Suez Canal grows 33.8% in Q4
Egypt’s Suez Canal activity grew by 33.8 per cent in the fourth quarter of fiscal year 2025/2026 and 23.3 per cent…
URGENT: Egypt’s economy grows 5.1% in FY2025/26, beating forecasts – minister
Egypt's economy grew 5.1 per cent in the 2025/26 fiscal year, accelerating from 4.4 per cent a year earlier and…
Egypt’s petroleum refining sector grows 22.4% in Q4 2025/26
Egypt's petroleum refining sector grew 22.4 per cent in the fourth quarter of fiscal year 2025/26 and 8.7 per cent…
Egypt settles EGP9.8 bln NUCA debt to National Investment Bank
Egypt signed an agreement on Wednesday to settle 9.8 billion Egyptian pounds in accumulated debts and financial…
Egypt clears EGP88.3 bln state media debt to National Investment Bank
Egypt signed an agreement on Wednesday to settle 88.3 billion Egyptian pounds in historical debts owed by the…
Egypt unveils new investment framework for Innovators Support Fund
Egypt is moving to place the resources of its Innovators Support Fund (ISF) under professional investment and…
Egypt seeks new UAE foothold for National Investment Bank subsidiaries
Egypt is seeking to expand the presence of companies affiliated with its National Investment Bank (NIB) in the…
Egypt’s unemployment falls to 5.8% in Q2 – planning minister
Egypt's unemployment rate fell to 5.8 per cent in the second quarter of 2026 from around 6 per cent in the previous…
Egypt’s Samannoud Textile returns to production after NIB-led restructuring
Egypt's National Investment Bank (NIB) has successfully implemented a comprehensive recovery plan for Samannoud…
Egypt’s green public investments hit EGP 215.5 bln in FY2024/25
Egypt recorded 215.5 billion Egyptian pounds ($4.2 billion) in green public investments during fiscal year 2024/25,…
Egypt reviews digital transformation plan to protect public funds, improve state…
Egypt's Prime Minister Moustafa Madbouly chaired a meeting on Sunday to review progress on implementing President…
Egypt presents fourth voluntary UN SDG review at HLPF
Egypt presented its fourth Voluntary National Review (VNR) on progress towards the UN Sustainable Development Goals…
Egypt’s National Investment Bank retains ISO 9001:2015 certification
Egypt's National Investment Bank (NIB) has successfully passed the periodic external audit for the ISO 9001:2015…
NI Capital’s Sahmy 70 fund posts 66.3% return in first year
Egypt's NI Capital said on Sunday its Sahmy 70 fund generated a cumulative return of 66.3 per cent in its first…
Egypt’s Suez Canal activity grows 23.6% in Q3 2025/26
Egypt’s Suez Canal activity grew 23.6 per cent in the third quarter of fiscal year 2025/26, making it the…
Egypt’s economy grows 5% in Q3 2025/26 defying regional tensions – planning minister
Egypt’s economy grew 5 per cent year-on-year in the third quarter of fiscal 2025/26, up from 4.8 per cent a year…
Egypt’s petroleum sector grows 0.7% in Q3, first rise since FY2023/24
Egypt’s petroleum sector grew 0.7 per cent in the third quarter of fiscal year 2025/26, its first expansion since…
Egypt targets 5.2-5.4% growth in next fiscal year: planning minister
Egypt expects economic growth to rise to 5.2-5.4 per cent in the fiscal year starting in July from an estimated…
Egypt, Azerbaijan discuss expanding economic cooperation
Egypt's Minister of Planning and Economic Development, Ahmed Rostom, discussed strengthening economic cooperation…
Egypt’s Q3 GDP rises 5% as Suez Canal, construction drive growth – minister
Egypt’s economy expanded by an estimated 5 per cent in the third quarter of fiscal year 2025/2026 (January–March),…
Egypt’s PM reviews global economic outlook, IMF, World Bank meeting outcomes
Egypt’s Prime Minister Moustafa Madbouly met with Planning Minister Ahmed Rostom on Monday to review regional…
Egypt restructures economic ministerial team to strengthen fiscal-monetary coordination
Egypt restructured its economic ministerial group on Thursday, placing it under the direct supervision of Prime…
Egypt launches fourth phase of national smart green projects initiative
Egypt launched on Monday the fourth phase of its National Smart Green Projects Initiative, a government-backed…
Egypt plans higher government spending on health, education
Egypt plans to increase government investment in priority sectors including health, education, and infrastructure…
Egypt’s Central Bank Governor, Planning Minister discuss economic coordination
Egypt’s Central Bank Governor Hassan Abdalla met on Tuesday with Minister of Planning and Economic Development…
Egypt, World Bank discuss boosting development cooperation
Egypt’s Minister of Planning, Ahmed Rostom, met on Sunday with a high-level World Bank delegation to discuss…
Egypt raises economic growth outlook to 5.2% by June-end: minister
Egypt’s economy is now expected to grow 5.2 per cent in the 2025-2026 fiscal year, exceeding earlier projections of…
Profile: Ahmed Rostom, Egypt’s Minister of Planning, Economic Development
Ahmed Rostom, recently appointed Egypt’s Minister of Planning and Economic Development, brings nearly 25 years of…