Hala El Said

PlanningMin leads global economic discussions at 2024 World Bank and IMF meetings

Tue, 16 Apr 2024 - 12:58 GMT

Her participation in these meetings aims to address global challenges by exploring various financing solutions, fostering private-sector investments, and enhancing resilience against future disruptions.

Egypt to increase private sector minimum wage to LE 6,000

Sun, 07 Apr 2024 - 01:42 GMT

This decision reflects Egypt’s commitment to safeguarding the interests of workers, particularly in light of recent internal and external economic developments, El-Said added.

Egypt sees increase in private investment in Q1 2023/2024, reaching EGP 154B

Wed, 03 Apr 2024 - 02:16 GMT

The implementation of an enhanced accounting methodology has yielded valuable insights into the volume and sectorial distribution of private investment, aligning with the government's objective of creating a realistic investment map

El-Sisi's latest directive focuses on enhancing investments in Egypt's human resources

Wed, 13 Mar 2024 - 12:41 GMT

El-Sisi pointed to the importance of ensuring that investments are channeled in a manner that maximizes benefits for the citizens

Egypt aims for $83.3B investments in communications & IT sector by 2023/2024

Tue, 12 Mar 2024 - 03:00 GMT

The sector's investments account for 5% of the total investments in the plan, with the private sector playing a crucial role in driving growth

Egypt inks 7 agreements with $40 bln investments in hydrogen projects

Wed, 28 Feb 2024 - 05:03 GMT

The agreements include investments of $12 billion for the pilot phase and approximately $29 billion for the first phase

Egypt targets LE 600B from private investments in FY23/24: Planning Ministry

Tue, 27 Feb 2024 - 02:22 GMT

In the previous fiscal year, FY22/23, Egypt anticipated a growth of around 31 percent in private investments, while the actual growth rate achieved in FY21/22 was 29 percent.

Egypt to receive final bids to acquire Wataniya within 48 hours

Tue, 06 Feb 2024 - 01:49 GMT

Taqa Arabia, Abu Dhabi National Oil Company (ADONC), Emirates National Oil Company (ENOC), and Petromin are currently competing for the acquisition of shares in Wataniya

El Said commences meetings to chart new FY investment plan and checks on FY23 progress

Tue, 26 Dec 2023 - 01:59 GMT

Minister of Planning, Hala El-Said, met with ministry officials on Tuesday to evaluate the FY2023/2024 plan and achievements, project completion rates, and other key indicators under MPED’s purview

Egypt, Qatar to boost cooperation over governance and sustainable development

Tue, 21 Nov 2023 - 05:07 GMT

During the meeting, Said reflected on the latest update of Egypt Vision 2030 that was added recently to the website of the ministry

Standard Chartered Bank to launch local operations by end of 2023

Thu, 09 Nov 2023 - 01:41 GMT

MPED minister El-Said met with the bank’s executive team on Wednesday, reviewing several economic development files such as the National Program for Economic Reforms

Egypt’s real growth rate for FY2022/2023 recorded at 3.8%, Planning Minister

Thu, 02 Nov 2023 - 06:58 GMT

The government’s target for the next fiscal year (FY2023/2024) is set at 4.2 percent, she stated during a cabinet meeting chaired by the Prime Minister on Thursday

Sovereign Fund of Egypt’s new board of directors meet for first meeting since reshuffle

Thu, 02 Nov 2023 - 12:46 GMT

The chairperson stressed TSFE’s dedication to creating opportunities for national and foreign investors while ensuring the rights of future generations

Egypt, Japan explore investment opportunities

Mon, 23 Oct 2023 - 11:32 GMT

Minister of Planning and Economic Development, Hala El Said met with a delegation of Japanese investors led by Kanazawa Yukio, the owner of Titan Capital and Mizuha Company.

Planning Minister shares updates on sales of Safi, Jabal El Zeit, and Wataniya

Wed, 18 Oct 2023 - 10:44 GMT

The minister spoke to media on the sidelines of yesterday’s Egypt – OECD Country Program conference, disclosing new details on the progress of the sales of Wataniya Petroleum, Jabal El-Zeit, and Safi

Wataniya stake sale to be complete by 6 weeks, says Planning Minister

Tue, 17 Oct 2023 - 03:19 GMT

The minister added that the winning bid will be announced within a month to six weeks, and revealed that there are three main companies competing to acquire a share of the national petroleum products company

Ministry of Planning releases data of medium-term plan spanning 2023/2026

Sun, 10 Sep 2023 - 03:51 GMT

The ministry's report outlines foundational principles guiding development directions, priorities, and policies in line with Egypt's Vision 2030 and its overarching goals and development strategy

Planning Minister announces details for 3 deals under Egypt’s IPO program worth $1.7B

Wed, 12 Jul 2023 - 03:56 GMT

The Planning Minister stated that these deals will encourage tourism, which is within the goal of attracting 30 million tourists annually, increase revenues in foreign currency and boosting the private sector's activities.

Gov't eyes 50% increase in green investments during FY2024/2025: Planning min.

Mon, 12 Jun 2023 - 02:51 GMT

The Sovereign Fund of Egypt (TSFE) is working for luring green infrastructure investments, Saeed noted in her remarks for the conference, organized by "Irada" in cooperation with the African Development Bank Group (AfDB).

Planning minister to take part in Davos economic forum

Tue, 17 Jan 2023 - 12:59 GMT

The minister is due to meet with a number of ministers of economy and planning from various countries including Saudi Arabia and will hold meetings with CEOs of companies and banks taking part in the gathering.

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