Ahmed Kouchouk

Egypt's government prioritizes improving living standards through economic growth and reforms.

Egypt's finance minister urged consolidated African efforts to reform debt sustainability and establish continental supply chains while mobilizing private capital through innovative financing mechanisms to address global economic challenges.

Egypt's Prime Minister reviews financial allocations for petroleum supply with ministers.

Egypt's Economic Ministerial Group under Prime Minister Mostafa Madbouly confirmed successful IMF reform programme performance, approved updated State Ownership Policy, advanced digital investment platform initiatives, and reported inflation moderation to 13.0% annually by May 2026.

Egypt's flexible exchange rate and disciplined monetary policies boosted investor confidence among major global financial institutions, while government officials announced plans to expand capital markets through increased company listings and enhance exports through digitization and sector targeting.

Egypt's Cabinet imposes VAT on natural gas, affecting entities, not households.

Egypt allocates LE90 billion in its new budget to support production and exports.

Egypt issued its first $1 billion sovereign bond since the Iran conflict began, with proceeds financing healthcare and education projects while attracting over fivefold investor demand, supporting Cairo's broader debt reduction strategy.

Egypt plans to power 7,000 factories with rooftop solar energy to reduce imports and boost renewables.

Egypt's finance minister affirmed the nation's economic trajectory is reassuring, highlighting balanced growth policies, fiscal discipline, tax system reforms, and strengthened financial position enabling resilience against global shocks while expanding EU trade partnerships.

Egypt's Tax Authority extends VAT certificate validity to June 30, 2026, to facilitate business activity.

Egypt sets a LE4 trillion revenue target for the 2026/2027 budget to support citizens and economic activity.

Egypt's Prime Minister reviews fuel financing and stock levels with finance and petroleum ministers.

Egypt's TMG launches "The Spine" project, a EGP 1.4trn cognitive city, to attract global firms.

Finance Minister announces over 20 new public-private partnership projects to boost investment inflows.

Egypt and Morocco signed comprehensive bilateral agreements spanning industrial cooperation, investment, taxation, energy, health, agriculture, and cultural exchange, formalizing strengthened economic and diplomatic ties between the North African nations.

Egypt's Prime Minister Mostafa Madbouly reviewed strategic commodity stocks and fiscal planning amid regional pressures.

Egypt's finance minister advocated at the Paris Forum for fairer global financing mechanisms supporting emerging markets, highlighting Egypt's 13 percent budget debt reduction over two years and private sector investment surge of 73 percent last year.

Egypt's government and World Bank discussed implementing a foreign direct investment strategy framework to transition from planning to execution, coordinating across ministries to identify priority sectors and strengthen economic competitiveness through integrated policies and monitoring mechanisms.

Egypt's government allocated 60 billion Egyptian pounds to upgrade its national electricity grid and support renewable energy expansion, aiming to increase renewable energy's share to 45 percent of the electricity mix by 2028 as part of its sustainable development strategy.

Egypt's Finance Ministry launches an initiative with start-ups to develop smart public services and enhance government performance.

Egypt will list four state-owned companies on the Egyptian Exchange by June 30.

Egypt's Finance Minister Ahmed Kouchouk introduced customs facilitation measures streamlining documentation and procedures to reduce clearance times, enhance competitiveness, boost trade flows, stimulate investment, and strengthen Egypt's logistics performance.

Egypt allocates EGP 90bn to boost production, exports, and entrepreneurship in the 2026/2027 fiscal year budget.

The Borrowers' Platform, launched April 15, 2026, strengthens developing nations' negotiating position in global debt management by providing information sharing and technical assistance, addressing longstanding imbalances in the international financial system designed primarily by creditor economies.

Egypt's Prime Minister witnesses the signing of a renewable energy funding deal to finance major projects.

Egypt launches MENA's largest AI-powered quick-commerce fulfillment hub for Talabat, spanning 27,000 sqm.

Egypt lifted mandatory 11 p.m. shop closures and launched solar energy incentives to mitigate economic fallout from US-Israeli-Iranian regional tensions, as global growth forecasts decline amid commodity price surges and investor risk aversion.

The Prime Minister chaired a meeting to review and secure Egypt's energy supplies, ensuring uninterrupted services for productive sectors.

Prime Minister Madbouly reviewed Finance Minister Kouchouk's Washington IMF-World Bank meetings, where Kouchouk highlighted Egypt's 5.3% economic growth, 29% revenue increase, and strengthened investor confidence through fiscal reforms balancing discipline with development needs.

Egypt's Finance Minister advocated strengthening domestic revenue mobilisation and blended finance to reduce African investment risks, citing mounting debt burdens and geopolitical pressures constraining development spending.

Egypt reduced energy subsidies to EGP 120 billion in its 2026/2027 budget, cutting roughly 20 percent from current allocations, as part of IMF-backed economic reforms to improve fiscal sustainability and shift toward renewable energy sources.

The government prioritizes securing funding to meet essential needs and enhance economic stability through a balanced fiscal policy and strategic partnerships.

Egypt's Finance Minister intensifies efforts to build business trust through tax reforms and modernization.

Egypt's tax dispute resolution law is renewed until 2026, reflecting the state's commitment to tax stability and investment.

Finance Minister Ahmed Kouchouk launches a mobile application for real estate tax services.

Egypt signs agreements worth EGP 196bn to resolve decades-old financial liabilities among state entities.

Egypt is seeking up to $9 billion in external financing for fiscal year 2026/2027, a move aimed at supporting economic reform and addressing budget deficits amid ongoing fiscal pressures.

The government denies plans to impose a new tax on natural gas consumption by households or factories.

Egypt's finance minister announces tax, customs, and property facilitation packages to ease obligations and support economic activity.

Prime Minister Mostafa Madbouly stresses the importance of a universal health insurance system as a key national project.

Egypt launches the "Industry Sun" program to expand rooftop solar power across its industrial sector.

Egypt targets $15.8 million in EGX stamp tax revenue for FY 2026/27, increasing from the previous year.

Egypt's Finance Ministry intensified investor outreach, highlighting economic resilience with a 3.5% primary surplus and 29% tax revenue growth, positioning the nation as an attractive investment destination amid reform efforts.

Egypt's Supreme Council of Energy reviews supply security and renewable energy drive to bolster economic growth.

Egypt allocates EGP 80bn to boost production and exports in the FY2026/2027 budget.

Egypt's Finance Minister Ahmed Kouchouk met with international partners at IMF-World Bank Spring Meetings in Washington, emphasizing Egypt's economic resilience, 5.3% growth rate, 29% tax revenue increase, and 42% private investment surge while advocating green economy transition and innovative debt management for emerging markets.

Egypt's economy grew 5.3% in the first half of its fiscal year, Finance Minister Ahmed Kouchouk announced in Washington, citing private sector investments and improved tax revenues amid broader economic stabilization efforts.

Finance Minister adjusts spending priorities in Q4 FY 2025/26 to focus on essential sectors amid exceptional conditions.

Prime Minister Madbouly reviews funding plans for strategic petroleum reserves with ministers of petroleum and finance.