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This initiative aims to offer affordable financing solutions for young entrepreneurs, with a particular focus on priority sectors that drive production and innovation.
The report highlights a rise in the value of Egypt’s exports, which increased by 19.8% to record $4.10 billion in April 2025, up from $3.43 billion in April 2024.
Published during the Bank’s 32nd Annual Meetings in Abuja under the theme African Trade in a Changing Global Financial Architecture, the report noted that Africa’s overall economic growth is expected ...
U Consumer Finance S.A.E., known under the trademark Valu, a subsidiary of EFG Holding, and EFG Holding are pleased to announce that Amazon has agreed to exercise its ...
Egypt’s House of Representatives has approved a revision to the state budget for the 2024/25 fiscal year, adding EGP 85 billion to cover increased interest expenses. This adjustment reflects the ...
Egypt has mobilized $15.6 billion in development financing for the private sector from over 30 bilateral and multilateral development partners between January 2020 and May 2025, according to a new ...
In a move to strengthen the digital payments landscape and enhance financial service security and efficiency, the Central Bank of Egypt (CBE) has announced the issuance of new regulations governing ...
Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, reaffirmed Egypt’s commitment to positioning itself as a platform for international investment and ...
Prime Minister, Mostafa Madbouly, said that the government plans to operate three regasification vessels starting from early July, with a total capacity of 2.25 billion cubic feet per day, during his ...
Egypt has been selected as one of only seven countries worldwide to benefit from the Climate Investment Funds’ (CIF) $1 billion Industrial Decarbonization Program, aimed at reducing emissions in ...
Egypt has ranked seventh globally in remittance inflows, receiving a total of $22.7 billion in 2024, according to the World Bank, as announced by Egypt’s Central Agency for Public Mobilization and ...
The Egyptian government signed a series of major agreements with development partners and private sector entities during the Development Finance to Foster Private Sector-Led Growth & Jobs conference.