Egypt’s Al-Mashat holds talks with JICA, UNICEF, France at TICAD

Egyptian Minister of Planning and International Cooperation Rania Al-Mashat held a series of bilateral meetings with officials from Japan, UNICEF, and the French Treasury on the sidelines of the Tokyo International Conference on African Development (TICAD9) to discuss strengthening international cooperation, her ministry said on Saturday. In a meeting with…

CIB Finance portfolio exceeds EGP 4.1bn in first year of operations

CIB Finance Company (CIFC), a subsidiary of the Commercial International Bank Egypt (CIB), has achieved strong performance since launching commercial operations in April 2024, with its factoring portfolio surpassing EGP 4.1bn and outstanding balances reaching approximately EGP 2.07bn in Q2 2025. These results highlight the company’s solid operational performance and…

CBE reports developments in Egypt’s external debt in 2024

Egypt’s external debt stood at $155.1bn in December 2024, up by about $2.2bn (1.4%) compared to June 2024. This increase was mainly due to higher disbursements of external loans, which rose by $2.8bn, as well as the appreciation of the US dollar against other external debt currencies, adding $0.6bn. The…

Egypt’s agricultural exports rise to 6.8 million tons so far

Agriculture and Land Reclamation Minister Alaa Farouq announced that Egypt’s agricultural exports have risen to 6.8 million tons so far this year, up more than 650,000 tons, compared to the same period in 2024. The figures were outlined in a report by Mohamed al-Mansy, head of the Central Administration for…