World Bank Director Arturo Herrera Gutierrez urged Egypt's government to better measure state assets in public finance management, meeting with Deputy Prime Minister Hussein Eissa to discuss improving public investment efficiency and strengthening governance frameworks for economic reforms.
The World Bank urged Egypt to strengthen state asset measurement in public finance reforms, highlighting that governments often overlook assets while focusing on financial flows, limiting comprehensive fiscal analysis and public financial management effectiveness.
Egypt's Planning Minister Ahmed Rostom reported the nation's economy weathered five major external shocks over six years while maintaining positive performance, with government initiatives focusing on entrepreneurship and structural reforms to position Egypt among leading emerging markets despite global headwinds.
Egypt completed its first phase of an OECD country programme comprising 35 projects across five pillars, advancing structural reforms, digital transformation, governance, statistics, and sustainable development to strengthen evidence-based policymaking and support Vision 2030 economic goals.
Egypt's unemployment rate dropped to 6.3% in 2025, down from 6.6% the previous year, amid economic reforms.
Egypt allocates EGP 35 billion for development in North and South Sinai across FY 2025/26 and FY 2026/27.
Egypt targets 5.4% growth in FY2026/27, rising to 6.8% by 2030, according to the Planning Minister.
Egypt's Planning Minister met with the African Development Bank affiliate to establish a specialized financing mechanism combining domestic and international resources, aiming to expand infrastructure investment, strengthen private sector participation, and support sustainable development across renewable energy and public-private partnership projects.
Egypt's Planning Minister met the ILO Cairo director to strengthen cooperation on decent work, entrepreneurship, and skills development, emphasizing macroeconomic stability and private sector collaboration amid global uncertainties.
Egypt's government addresses challenges with clarity and decisiveness, adapting to geopolitical fluctuations to sustain economic momentum.
Egypt's Prime Minister Mostafa Madbouly chaired a crisis meeting. The meeting followed up on the US-Israeli-Iranian war developments. A follow-up meeting is implied but no date is given.
Egypt's Prime Minister Mostafa Madbouly announced a minimum wage increase. The increase will be the largest in Egypt's history. It will be officially announced soon.
Egypt's Planning Minister Ahmed Rostom met with OECD's Amr Soliman. They discussed bilateral cooperation. A meeting was held to reinforce this cooperation.
Egypt's PM Mostafa Madbouly holds crisis meeting on US, Israeli, and Iranian military operations' impact on global supply chains.
Ahmed Rostom, a former World Bank official, appointed as Egypt's Minister of Planning and Economic Development
Egypt advances its FY2025/26 development plan, strengthening governance of public investments.
Minister Ahmed Rostom reviews investment plan projects with Sharqeya governor to support development efforts.
Egypt's economic growth accelerates to 5.3% in the first half of the year, driven by key sectors.
Egypt's Planning Minister Ahmed Rostom met World Bank officials to strengthen partnerships supporting economic reforms, develop foreign direct investment strategy, and implement a development plan targeting 5.4% growth in 2026/2027, escalating to 6.8% by 2030, with EGP 3.7 trillion total investments.
Egypt's Minister of Planning meets with Ayady to boost the start-up ecosystem and create a more enabling environment.
Egypt allocates EGP 35bn for public investments in North and South Sinai over two years.
Egypt's Planning Minister Ahmed Rostom designated the Suez Canal Economic Zone as a strategic integrated hub combining trade, logistics, and production, emphasizing its critical role handling 30 percent of global trade amid geopolitical tensions and supply chain pressures.
Egypt's ministers confirmed economic reforms have strengthened the nation's resilience against regional geopolitical shocks while attracting foreign investment through fiscal stability, monetary easing, and streamlined regulatory procedures under Egypt Vision 2030.
Egypt's Planning Minister Ahmed Rostom met World Bank officials to strengthen strategic partnership, reviewing public finance reforms and enhancing investment efficiency aligned with Egypt Vision 2030.
Egypt's government advances National Investment Bank restructuring to strengthen development role.
Egypt's government prioritizes renewable energy. This aims to reduce reliance on conventional fuels and lower costs. A meeting was held to discuss the plan.
Egypt's Prime Minister Mostafa Madbouly chaired a crisis committee meeting. The meeting reviewed repercussions of regional military escalation. A follow-up meeting is implied but no date is given.
Egypt's Minister of Planning and Minister of Housing reviewed the investment plan. The plan spans 2026-2030. A meeting was held for coordination.
Egypt's Planning Minister Ahmed Rostom meets World Bank executives to deepen cooperation
Egypt's Planning Minister Ahmed Rostom announced preparations for a second phase of the OECD country programme, building on five years of cooperation that produced ten strategic reports covering innovation, investment, and governance to strengthen institutional capacity and evidence-based policymaking.
Egypt targets 5.4% economic growth and EGP 3.7trn investments in FY 2026/27.
Egypt's Prime Minister Madbouly met OECD Secretary-General Cormann to advance Egypt's full membership bid, completing the first cooperation phase and launching a second, while Egypt assumes MENA-OECD co-chairmanship for 2026-2030 to strengthen regional economic resilience.
Egypt's Planning Minister Ahmed Rostom met with Islamic Development Bank officials to expand their partnership, emphasizing flexible financing policies and sustainable development across vital sectors including food security, energy, and private sector growth.
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.
Egypt's Prime Minister Madbouly reviewed plans to establish a major grain and oil logistics hub through international partnerships, aiming to strengthen national food security and position Egypt as a regional trade center.
Egypt's Planning Minister met international finance leaders in Washington, securing commitments for expanded cooperation in renewable energy, infrastructure, and private sector development to bolster economic growth.
Prime Minister Mostafa Madbouly reaffirms the State's commitment to a sustainable medical supply for citizens.
Egypt launches the fourth phase of its National Initiative for Smart Green Projects to support a green economy and climate action.
Egypt's Finance Minister Ahmed Kouchouk announced a budget targeting LE4 trillion in revenues. The budget prioritizes healthcare, education, and social protection.
Egypt's government reviews investments under the 2026/2027 plan. Prime Minister Mostafa Madbouly prioritizes economic and social development projects. The 'Hayah Karima' initiative is a key focus.
Egypt condemns Iranian attacks on Gulf states, Jordan, and Iraq, affirming solidarity with Arab nations.
Ahmed Rostom orders the reallocation of National Investment Bank and NI Capital investments to support development and economic growth.