Egypt, EBRD discuss strategies to boost investment, foreign trade

Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, met with a delegation from the European Bank for Reconstruction and Development (EBRD) to explore ways to strengthen the country’s investment climate and review the bank’s ongoing support for Egypt’s economic development. The discussions centred on the government’s privatisation strategy and…

Egypt–Spain trade hits $1.5bn in H1 2025: CAPMAS

Trade exchange between Egypt and Spain reached $1.5bn during the first half of 2025, slightly down from $1.6bn recorded during the same period in 2024, according to data released by Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS). The announcement coincided with the visit of King Felipe VI of…

Egypt targets 7.7% AI contribution to GDP by 2030: Communications Minister

Amr Talaat, Egypt’s Minister of Communications and Information Technology, revealed ambitious plans to boost Artificial Intelligence’s (AI) share of the nation’s GDP to 7.7% by 2030. The announcement was made during the annual celebration of the Egyptian Information Telecommunications, Electronics & Software Alliance (EITESAL). Talaat highlighted that Egypt’s National AI…