FM reaffirms Egypt’s commitment to economic reforms in talks with EBRD chief

Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates Badr Abdelatty said during a meeting in London with President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso that the Egyptian government remains committed to continuing its economic reform program to achieve sustainable and inclusive growth. Abdelatty said…

Al-Sisi reviews inflation, record reserves with CBE governor

Egyptian President Abdel Fattah Al-Sisi met with Central Bank of Egypt (CBE) Governor Hassan Abdalla to review inflation trends, foreign currency reserves, and overall economic performance amid ongoing regional geopolitical tensions. According to a presidential statement, the meeting assessed Egypt’s economic reform programme and the impact of regional conflicts on inflation,…

IFC marks 50 years in Egypt with $10bn mobilized across 300 projects

The International Finance Corporation (IFC) is celebrating five decades of partnership with Egypt’s private sector, during which it has invested and mobilized more than $10bn across nearly 300 projects since 1976. According to IFC, these investments have spanned critical sectors including energy, agribusiness, manufacturing, healthcare, tourism, and financial markets. The…