Egypt

Egypt Unlocks EU Funds to Boost Foreign and Domestic Investment Opportunities

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Relations between Egypt and the EU are strengthened through the EU’s Investment Guarantees for Development.

Egypt-UAE: PM Madbouly Meets Emirati Ministers to Review Strategic Projects

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A focal point of the UAE-Egypt discussions was the Ras El-Hekma project, a high-profile strategic development zone located on Egypt’s northwestern coast.

SAIC Motor’s US$135 Million Deal in Egypt: A Strategic Move Amid Global Trends

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Chinese state-owned SAIC Motor Corp. Ltd. has partnered with Egypt’s Mansour Group in a US$135 million deal to set up an automotive plant in New October City, Egypt.

Egypt’s Tax Reforms: Boosting Business Confidence and Export Growth

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Egypt’s tax reforms and export incentives aim to boost business confidence, encourage the private sector, attract investments, achieve higher localization in industries, and drive overall economic growth.

Egypt’s Push for Industrial Growth: Central Bank and Government Support for Producers

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By fostering local industrial production, attracting investments, and supporting green energy initiatives, Egypt is laying the groundwork for sustainable economic growth and global competitiveness.

Egypt Introduces Business-Friendly Tax Relief Measures to Boost Economic Growth

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A key reform is the introduction of a simplified tax regime for businesses with an annual turnover of up to EGP 15 million. For international companies, the government has raised the threshold for the preparation and submission of transfer pricing studies to EGP 30 million.

Saudi Arabia’s US$5-Billion-Investment Pledge in Egypt: Strengthening Economic Ties and Industrial Cooperation

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Saudi Arabia has strengthened its economic ties with Egypt, as Crown Prince Mohammed bin Salman announced a US$5 billion investment by the Public Investment Fund (PIF) during a meeting with Egyptian Prime Minister Mostafa Madbouly in Riyadh.

Egypt’s Economy Shows Signs of Recovery Amid IMF Support and Reforms

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We discuss recent developments in the Egypt economy per the latest IMF report, highlighting progress, challenges, and ongoing reform efforts.

Egypt Announces 30 GW Renewable Energy Expansion

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Egypt aims to diversify its energy mix, reduce fuel costs, and meet the country’s goal of 42 percent renewable energy by 2035.

Egypt’s Fiscal Performance in the 2023-24 Financial Year

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While Egypt’s fiscal performance in 2023-24 shows significant achievements, ongoing economic reforms are essential for sustainable growth.

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