Al-Mashat cited indicated that real GDP growth reached 3.5% in Q1 of FY 2024/2025 the, up from 2.7% in same quarter of the previous fiscal year.
This agreement aims to enhance private sector participation in infrastructure projects and bolster Egypt’s economic growth through strategic investments.
The agreement was signed by Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation, and Eduardo Soriano, Spain’s Economic and Commercial Counselor in Egypt.
The meeting focused on strengthening bilateral ties between Egypt and Ukraine in key sectors including trade, agriculture, and logistics.
This announcement came during her meeting with a delegation from JPMorgan Chase and a group of investors to discuss future cooperation opportunities and to review the latest updates on the Egyptian economy.