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Egypt’s economic reforms attract FDI despite global slowdown: El-Khatib

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 PM
Egypt intends to expand annual tax revenues by 35%: El-Khatib

Egypt 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 AM
IMF delegation to visit Cairo within weeks for 5th, 6th EFF reviews

A 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
M&A Momentum: Egypt’s Next Banking Chapter

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
S&P Upgrade and IMF Forecast: Renewed Confidence in Egypt’s Economy

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 AM
El-Khatib, IMF delegation review Egypt’s reform agenda

Minister 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 AM
El-Khatib, EBRD review plans to boost investment climate in Egypt

Minister 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
IMF’s mission to wrap up Egypt’s 5th, 6th EFF reviews this fall

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 AM
IMF may merge reviews of Egypt's program, delay $1.2B aid disbursement

The 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 AM
UNDP notes improvement in Egypt's human development index score

The 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 AM
Al-Mashat, IMF mission chief discuss Egypt's structural reform program

Rania 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 AM
Egypt sets public investment ceiling for FY2025/26 at EGP 1.15T: Al-Mashat

Egypt 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 AM
El-Khatib, Kouchouk discuss Egypt’s economic reforms with IMF mission chief

Minister 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 AM
Egypt conducts key reforms to enhance public administration amid challenges: OECD

Egypt is undertaking significant reforms to modernize its public administration and face current and future challenges

Updated 5/11/2025 10:25:00 AM
Egypt’s economy to gradually improve through FY2027/28: Fitch Solutions

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 Economic Crossroads: Challenges and Opportunities in 2025

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
IMF, Egypt conclude staff-level agreement on 4th EFF review

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 GDP to hit 4% in current FY2024/25: Al Ahly Pharos

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 investment plan for FY2024/25 totals EGP 2T:  Al-Mashat

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
IMF concludes Cairo visit for 4th review of EFF

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