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News

Egypt ranks 7th globally in remittance inflows with $22.7B in 2024

Egypt’s ranking comes after India, Mexico, China, the Philippines, Pakistan, and Bangladesh, all of which received higher remittance volumes.

IFC Chief Praises Egypt’s strategic reforms and private sector partnerships at Development Finance Conference

The International Finance Corporation's Managing Director Makhtar Diop praised Egypt’s success in mobilizing development finance in alignment with national priorities for inclusive and sustainable growth in a recent conference.

Planning Ministry partners with leading business associations to expand private sector support across governorates

The deal aims to broaden the reach and impact of financial and non-financial services available to private sector companies in all Egyptian governorates.

Egypt to locally produce new car model in partnership with Stellantis by end of 2026

The total planned output is 240,000 vehicles, according to a statement issued by the Egyptian Presidency.

PM follows up on government IPO program in petroleum & public business sectors

He stressed the government’s commitment to regularly and consistently monitoring the IPO program and the actions taken by relevant authorities, in line with the State Ownership Policy Document.