Egypt intensifies preparations to host OECD MENA ministerial meeting

Ahmed Rostom, Minister of Planning and Economic Development, held talks with Italian and Turkish officials to boost cooperation under the OECD MENA Programme, focusing on hosting an upcoming ministerial meeting.

Rostom discussed with Luca Sabbatucci, Italy’s Permanent Representative to international organisations in Paris, priorities for the Governance Pillar co-chaired by Egypt and Italy. The meeting covered opportunities to deepen Egyptian-Italian cooperation and support public investment and economic resilience in the region. In a separate meeting with Esen Altuğ, Türkiye’s Permanent Representative to the OECD, the two sides reviewed mechanisms to activate the Competitiveness Pillar jointly led by Egypt and Türkiye. Rostom reaffirmed Egypt’s commitment to close coordination with partners to ensure the success of the upcoming ministerial meeting. The minister highlighted achievements of Egypt’s OECD Country Programme since its launch in 2021, which is scheduled to conclude later this month. He also outlined plans for a new phase of cooperation focused on empowering the private sector and attracting foreign direct investment.

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Egyptian President Al-Sisi shakes hands with OECD chief Mathias Cormann in Cairo during talks on economic reforms and investment.
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Al-Sisi meets OECD chief in Cairo to discuss reforms

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Egyptian President Abdel Fattah Al-Sisi met on Monday with OECD Secretary-General Mathias Cormann in Cairo to discuss strengthening economic cooperation and Egypt’s reform programme. The talks focused on boosting private sector participation and attracting investment. Cormann praised Egypt’s role in regional stability.

Egypt’s Minister of Planning and Economic Development Ahmed Rostom met with OECD Director for Global Relations Andreas Schaal to strengthen cooperation and launch the second phase of the Egypt-OECD country programme.

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Planning Minister Ahmed Rostom joined an OECD committee meeting to discuss Egypt's cooperation with the organisation. He highlighted the long-standing partnership and revealed plans for the second phase of the country programme.

Egypt's Ministry of Finance is ramping up engagement with international investors to showcase its vision for tackling economic challenges and sustaining growth. Finance Minister Ahmed Kouchouk said the government has taken a rapid, proactive approach welcomed by global investors.

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Planning Minister Ahmed Rostom held a high-level meeting with leaders from national banks and fintech companies to strengthen Egypt’s electronic payments system.

Egyptian President Abdel Fattah Al-Sisi affirmed on Wednesday that the government will press ahead with fiscal reforms to safeguard economic stability and accelerate private sector growth, amid regional conflicts impacting markets and global supply chains.

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In the latest Central Crisis Management Committee meeting amid the ongoing US-Israeli-Iranian military crisis, Egypt has lifted the 11 p.m. mandatory closing time for shops, commercial centers, and restaurants, while launching a solar energy incentive program for homes and factories. This follows March's austerity measures and wage hikes. Cabinet spokesman Mohamed El-Homosany confirmed the approvals.

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