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Egypt secures $16B in concessional financing from development partners since 2020

Egypt has received $16 billion in concessional financing from development partners for the public and private sectors since 2020.

Updated 9/21/2025 2:39:00 AM
GAFI explores CBAM’s impact on Egyptian economy

The General Authority for Investment and Free Zones (GAFI) reviewed the impact of the EU’s Carbon Border Adjustment Mechanism (CBAM) on the Egyptian economy, particularly the iron and steel sector

Updated 9/11/2025 10:35:00 AM
Egypt, EU discuss doubling trade exchange figures

Minister of Investment and Foreign Trade Hassan El-Khatib and EU Commissioner for Trade and Economic Security Maros Sefcovic discussed doubling the volume of trade between Egypt and the EU by promoting joint investments.

Updated 9/9/2025 7:23:00 AM
Egypt's annual exports to EU reach $14B: GAFI

The Egyptian annual exports to the European Union (EU) amount to $14 billion, Magdy El-Nabrawy, Head of the Business Development Sector at the General Authority for Investment and Free Zones (GAFI), announced.

Updated 8/7/2025 8:19:00 AM
EU greenlights new law easing potato imports from Egypt

The European Union (EU) approved new legislation No. 1289/2025 aimed at facilitating import procedures for Egyptian potatoes, the Ministry of Agriculture and Land Reclamation announced.

Updated 7/28/2025 8:45:00 AM
Egypt, EU to launch €1.8B investment guarantees in June: Al-Mashat

Egypt and the European Union (EU) will launch an investment guarantees mechanism valued at €1.8 billion next June, Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, announced.

Updated 5/27/2025 2:26:00 AM
EU to impose anti-dumping duties on HRC steel imports from Egypt

A delegation from the Ministry of Investment will meet with representatives from the European Union (EU) to discuss the recently announced decision by the European Commission to temporarily impose 15.6% anti-dumping duties on Egyptian steel exports.

Updated 3/18/2025 10:47:00 AM
Egypt engages in 26 projects under Interreg NEXT MED program’s 1st phase

National efforts led by the Ministry of Planning, Economic Development, and International Cooperation succeeded in bolstering Egypt’s participation in 26 projects under the first phase of the Interreg NEXT MED Cooperation Programme for the Mediterranean Basin, planning minister Rania Al-Mashat announced.

Updated 3/17/2025 1:57:00 AM
European Commissioner to sign €90M deal, discuss Mediterranean pact in Egypt

European Commissioner for the Mediterranean Dubravka ?uica will visit Egypt on Sunday, March 2nd, and sign a €90 million deal with the Egyptian government for the ‘Egypt Food Resilience’ project.

Updated 3/2/2025 8:34:00 AM
Egypt, EU begin talks over €4B financing deal: Al-Mashat

Egypt has started negotiations with the European Union (EU) to obtain €4 billion (EGP 208 billion) in financing, with expectations to conclude the agreement in June.

Updated 1/22/2025 8:21:00 AM
Egypt-EU talks over €4B funding to start in April: Al-Mashat

Egypt is set to begin negotiations with the European Union (EU) next April to obtain funding worth up to €4 billion

Updated 1/14/2025 8:34:00 AM
Egypt, European Parliament probe €4B financing under MFA package

Egypt discussed the second phase worth €4 billion of the Macro-Financial Assistance (MFA) package with the European Parliament.

Updated 1/12/2025 10:08:00 AM
El-Khatib discusses trade, investment cooperation with EU Ambassador

Minister of Investment and Foreign Trade Hassan El-Khatib and the EU Ambassador-designate to Egypt Angelina Eichhorst discussed ways to enhance mutual trade and investment cooperation.

Updated 1/8/2025 8:39:00 AM
Egypt, EU discuss boosting economic ties at bilateral, regional levels

Egypt and the European Union (EU) are mulling over strengthening the joint economic relations at bilateral and regional levels.

Updated 11/5/2024 11:55:00 AM
Egypt secures €11M in EU grants to support child protection, vaccine manufacturing

The Egyptian House of Representatives has approved two grant agreements totaling €11 million from the European Union (EU), aimed at bolstering child protection systems and enhancing vaccine and medicine manufacturing in Egypt.

Updated 10/23/2024 3:21:00 AM
EU backs Egypt’s green transition, water sustainability with €7M agreement

Egypt and the European Union (EU) have signed a European Green Facility agreement worth €7 million to support Egypt’s green transition and water resources sustainability.

Updated 10/14/2024 8:43:00 AM
Parliament ratifies grant from US to enhance economic governance

The House of Representatives has approved the fourth amendment to the comprehensive economic governance grant agreement between Egypt and the US.

Updated 10/9/2024 8:54:00 AM
European mission in Cairo prepares for $2.9B development funding release

A European technical mission is currently visiting Cairo to conduct a review in preparation for the release of a $2.9 billion development funding.

Updated 10/3/2024 2:10:00 AM
GAFI, free zone investors prepare for EU’s CBAM implementation

The General Authority for Investment and Free Zones (GAFI) is mulling over collaboration with free zone investors to meet the environmental standards of European Union (EU), which will fully implement the Carbon Border Adjustment Mechanism (CBAM) in January 2026.

Updated 9/26/2024 3:18:00 AM
Green economy tops Egypt's priorities: Heiba

Green economy is a top priority for Egypt and the entire world, CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said.

Updated 9/9/2024 7:43:00 AM