COOKIE NOTICE

We use cookies for analytics, advertising and to improve our site. You agree to our use of cookies by closing this message box or continuing to use our site. To find out more, including how to change your settings, see our Cookie Policy

Foreign Investment

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.

AfDB approves $184M financing package for Africa’s largest solar power plant in Egypt

The African Development Bank (AfDB) Group has greenlit up to $184.1 million in financing for the Obelisk solar energy project in southern Egypt.

EU’s €4B macroeconomic financial assistance boosts Egypt’s reform agenda | MPEDIC Min

Negotiations are underway over structural reforms linked to the economic component of Egypt’s national program, supported by the EU's €4 billion MFA

IMF reportedly arriving this week to meet with officials for 5th review of $8B program

The review comes as part of the ongoing loan agreement between Egypt and the Fund, aimed at supporting structural reforms and economic stabilization measures.

Egypt eyes $7B in new Kuwaiti investments as economic reforms bear fruit | GAFI CEO

Heiba highlighted hospitality and healthcare as particularly promising fields for Kuwaiti capital, citing strong returns and favorable incentives.