Egypt has leveraged its radical economic reforms, attracting significant inflows of foreign direct investment (FDI) despite the global slowdown, Minister of Investment and Foreign Trade Hassan El-Khatib said.
Updated 11/18/2025 1:53:00 PMEgypt aims to increase tax revenues by 35% annually, while developing a unified platform for collecting non-tax fees, Minister of Investment and Foreign Trade Hassan El-Khatib stated.
Updated 11/13/2025 8:07:00 AMA mission from the International Monetary Fund (IMF) will visit Cairo within weeks for the fifth and sixth reviews of $8 billion Egypt's Extended Fund Facility (EFF) program, Prime Minister Moustafa Madbouly said during a press conference.
Updated 11/12/2025 8:39:00 AM
At the core of the Egyptian banking sector evolution lies a surge in mergers and acquisitions (M&A) activity. As the country pursues ambitious economic reforms and digital modernization, banks have emerged as pivotal players—not only in capital mobilization but also in expanding financial inclusion and investor confidence.
Updated 11/6/2025 12:44:00 PM
Egypt’s investment landscape witnessed a crucial update in October 2025 when Standard & Poor’s (S&P) upgraded the country’s long-term credit rating to ‘B’ from 'B-'. This marks the first upgrade from the agency in years and serves as a crucial external validation of the country’s necessary economic adjustments.
Updated 10/16/2025 2:17:00 AMMinister of Investment and Foreign Trade Hassan El-Khatib received a delegation from the International Monetary Fund (IMF) to address Egypt’s ongoing financial, institutional, and trade reform programs.
Updated 9/30/2025 8:58:00 AMMinister of Investment and Foreign Trade Hassan El-Khatib received a delegation from the European Bank for Reconstruction and Development (EBRD) to discuss ways to enhance the investment climate in Egypt.
Updated 9/17/2025 10:25:00 AM
The International Monetary Fund (IMF) will combine and complete the fifth and sixth reviews of Egypt’s Extended Fund Facility (EFF)program this fall, Julie Kozack, Head of the IMF, announced.
Updated 9/14/2025 8:13:00 AMThe International Monetary Fund (IMF) could merge its fifth and sixth reviews of Egypt's $8 billion support program, which may delay the disbursement of $1.2 billion by half a year.
Updated 7/2/2025 7:45:00 AMThe United Nations Development Program (UNDP) 2025 report highlighted an improvement in Egypt's indicators, rising from 0.751 in 2022 to 0.754 in 2023
Updated 5/19/2025 2:39:00 AMRania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, discussed the national structural reform program with Ivanna Vladkova Hollar, the International Monetary Fund (IMF) Mission Chief for Egypt.
Updated 5/14/2025 11:27:00 AMEgypt set its public investment ceiling for fiscal year (FY) 2025/2026 at approximately EGP 1.158 trillion, Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, announced.
Updated 5/13/2025 7:46:00 AMMinister of Investment and Foreign Trade Hassan El-Khatib and Minister of Finance Ahmed Kouchouk discussed Egypt's economic reform program and the latest development regarding fiscal and structural policies with the Monetary Fund (IMF) Mission Chief for Egypt Ivanna Vladkova Hollar
Updated 5/12/2025 7:55:00 AMEgypt is undertaking significant reforms to modernize its public administration and face current and future challenges
Updated 5/11/2025 10:25:00 AM
Fitch Solutions expects Egypt’s economic indicators to improve gradually during the period from fiscal year (FY) 2024/2025 to FY 2027/2028, as per a statement by the Egyptian Cabinet Media Office.
Updated 5/4/2025 4:10:00 AM
Egypt's economy stands at a pivotal moment, facing serious challenges and emerging opportunities. in 2024, the nation grappled with high inflation rates. Concurrently, Egypt's net international reserves (NIRs) reflected some positive economic developments. Despite this progress, foreign currency inflows saw a dramatic drop, primarily due to a sharp decline in Suez Canal revenues. In light of these circumstances, Egypt has initiated efforts to attract foreign investment. As 2025 begins, Egypt’s future hinges on the successful implementation of economic reforms and addressing the underlying macroeconomic challenges while ensuring sustainable growth.
Updated 1/6/2025 12:28:00 PM
The International Monetary Fund (IMF) and the Egyptian governoment have reached a staff-level agreement on the fourth review of the Extended Fund Facility (EFF).
Updated 12/25/2024 7:35:00 AM
Egypt’s economic growth is projected to hit 4% in the current fiscal year (FY) 2024/2025, marking a modest rebound from the 3% growth recorded in FY2023/2024.
Updated 12/25/2024 1:38:00 AM
Egypt's total investments for fiscal year (FY) 2024/2025 amount to nearly EGP 2 trillion, Minister of Planning, Economic Development, and International Cooperation Rabia Al-Mashat announced during the opening session of the Sixth Annual Hapi Conference.
Updated 12/9/2024 1:39:00 PM
An International Monetary Fund (IMF) mission, led by Ivanna Vladkova Hollar, concluded its visit to Egypt on November 20th following in-depth discussions with Egyptian authorities.
Updated 11/21/2024 8:16:00 AM