Top 50 Women Forum celebrates female leaders in Egypt’s new government overhaul
Top 50 Women Forum on Thursday extends its heartfelt congratulations to the female ministers, who joined the…
Browsing Tag
hala al-saeed
Egypt allocates EGP 96b for Cairo’s development – minister
The Ministry of Planning and Economic Development in Egypt declared on Monday that Cairo is slated for 1,260…
Three bidders jostle for stake in Egypt’s army-owned Wataniya – minister
Three firms are vying to buy a stake in Egypt’s army-owned petrol stations operator Wataniya, Planning Minister…
Consortium including Talaat Moustafa subsidiary buys $700 mln stake in Egypt hotel holding…
A consortium that includes Egypt’s Talaat Moustafa Group Holding (TMG Holding) has bought a stake in a state-owned…
Egypt’s economy hits 3.9% growth in Q2 of FY 22/23
Egypt’s economy grew during the second quarter of the current fiscal year by 3.9 percent, according to initial data…
Egypt to launch incentive programme for families with 2 children
Egypt will launch an annual incentive of 1,000 Egyptian Pounds for married women above 45 age, who have no more…
Egypt, Qatar mull joint investment fund launch – Egyptian minister
Egypt and Qatar are exploring plans to form a joint investment fund, Egyptian Planning Minister Hala al-Saeed told…
Egypt signs $1.5 billion financing agreement with ITFC – ministry
Egypt has signed a $1.5 billion financing agreement with the International Islamic Trade Finance Corporation (ITFC)…
Davos 2023: Egypt sees high demand from investors – minister
Egypt is seeing a good turnout of investor to buy stakes in state-owned enterprises, Minister of Planning Hala…
Egypt’s economy records 4.4% growth during Q1 –minister
Egypt achieved high economic growth recording 4.4 percent during the first quarter of the current fiscal year, said…
Egypt signs $83 billion agreements in renewable energy sector
The Sovereign Fund of Egypt (TSFE) has signed on Tuesday a number of agreements and cooperation protocols with nine…
Egypt needs to empower private sector – ex-investment minister Bahaa El-Din
Egypt needs to enforce existing laws regulating businesses to attract more investors, which shall support the…
Egypt increases green investment allocations to 40% of 2022/23 budget – minister
Egypt plans to allocate 40 percent of the current financial year 2022/2023 budget for green investment, up from 30…
Egypt’s government to revise GDP growth forecast next month – minister
Egypt's government plans to revise the country’s economic growth forecasts by next month to calculate the economic…
Egypt launches pre-IPO fund for state firms – minister
Egypt has launched a pre-IPO fund designed to hold public stakes and work with strategic investors ahead of public…
Egypt cuts 2022 GDP forecast to 5.7% due to Ukraine war – minister
Egypt has lowered its GDP forecast in 2022 to around 5.7 percent from 6.4 percent due to the effects of Russia’s…
Egypt is ‘not yet’ in talks with IMF over new loan; says planning minister
Egypt is “not yet” in discussions with the International Monetary Fund (IMF) over securing a new loan, the…
EU, Top 50 Women, NCW Egypt’s first women summit
Top 50 Women Forum has organised this week Egypt’s first women summit under the rubric ‘Women in Public Life:…
Egypt’s economy grew 9.8% in Q1 FY2021-22, highest in two decades – Cabinet
Egypt’s economy grew by 9.8 percent in the first quarter of the financial year 2021-2022, the highest quarterly…
Egypt plans to resume stalled state-run IPO programme by year-end: minister
Egypt expects to restart a stalled IPO programme to list or sell additional stakes in over 20 state-owned companies…
Egypt sets 5.4% GDP growth target for 2021/2021 financial year – minister
Egypt has set a 5.4 percent GDP growth target for the financial year 2021-2022 that began in July, Planning…
Egypt’s sovereign funds, banks, investors to set up new education investment platform
An alliance of the Sovereign Fund of Egypt (TSFE), Banque Misr, Suez Canal Bank, Misr Insurance Holding, and a…
Egypt’s Senate to discuss state 2021/22 socio-economic development plan today and…
Egypt's Senate, the consultative upper house of parliament, will convene on Sunday and Monday to discuss a report…
Egypt’s unemployment rate eased to 7.2% in Q2-FY2020/21 – minister
Egypt’s unemployment rate inched down to 7.2 percent in the second quarter of the financial year 2020/2021 compared…
World Bank urges more steps for Egypt to boost private sector investment
The World Bank Group on Monday urged Egypt to introduce more transparency about the state’s economic activity, a…
Egypt’s sovereign fund lining first two military-owned companies up for an IPO…
Sovereign Fund of Egypt (SFE) plans to privatise Wataniya Petroleum and National Company for Producing and Bottling…
Egypt’s Hala al-Saeed named best minister in Arab world for female workforce plan
Egypt’s Minister of Planning Hala al-Saeed has been named best minister in the Arab world on Wednesday, being…
Egypt establishes big new rail company to localise production of locomotives
The Suez Canal Economic Zone and the Sovereign Fund of Egypt signed on Tuesday an agreement to establish the…
Egypt to update 2030 Vision in response to coronavirus crisis – minister
Egypt has begun to update its 2030 Vision in response to the economic, social, political, and climate challenges…
Egyptian govt.’s investments to develop South Sinai at $232 mln – minister
Egypt’s government plans to pump total investments worth around 3.68 billion Egyptian pounds ($232.1 million) to…
Egypt’s economy grows 5% in first quarter, misses government target due to coronavirus
Egypt’s economy grew 5 percent in the first quarter, official data showed on Wednesday, lower than the government’s…
Egypt says requested standby funding from IMF to help businesses through coronavirus
The standby loan request Egypt has made to the International Monetary Fund (IMF) to help it through the coronavirus…
Egypt launches initiative countering coronavirus economic implications
Egypt’s Ministry of Planning launched on Tuesday Misr Hat’aady (Egypt will pass) initiative to encourage the…
Egypt’s economy seen slowing to 2% in 2020-21 if coronavirus persists till Dec. – minister
Egypt's economy was set to grow 3.5 percent in the financial year 2020-21 which starts in July, but growth could…
Egypt’s tourism revenues likely to fall by $5 billion due to coronavirus – minister
Egypt’s tourism revenues are set to record around $11 billion, down from previous estimates of $16 billion, for the…
Egypt’s economic growth likely to slow to 4.5% in Q3 due to coronavirus
Egypt expects economic growth to slow to 4.5 percent in the third quarter and to 1 percent in the last three…
Coronavirus drives Egypt to slash FY 2019-2020 GDP growth target to 5.1% – minister
Egypt has cut its GDP growth target for the current financial year 2019-20 to 5.1 percent from 5.6 percent due to…
Egypt’s unemployment rate drops to 8% in Q4 2019 – minister
Egypt’s unemployment rate dropped to 8 percent in the fourth quarter of 2019, the country’s planning minister Hala…
Egypt’s government to relocate to new capital within a year – minister
Egyptian government is poised to relocate to the country’s anticipated new administrative capital within a year,…
Public investments in Egypt record $87.4 bln in four years – minister
Egypt pumped total public investments worth around 1.5 trillion Egyptian pounds ($87.4 billion) during the last…