Hala El Said

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.

Egypt expects GDP to grow by 5.5% in 2022/23

Thu, 13 Oct 2022 - 02:47 GMT

The Egyptian economy grew by 6.6 percent in the 2022/2021 fiscal year, compared to 3.3 percent in the previous year, as the economy grew faster than the government had expected, initially projecting 6 percent-6.2 percent.

Climate change adaptation on top of Egypt’s gov't priorities: Planning min.

Sat, 04 Jun 2022 - 12:10 GMT

Egypt’s Planning and Economic Development Minister Hala el Said affirmed that the State gives top priority to the file of climate change adaptation.

Egypt invests LE 6T in infrastructure within 6 years: Planning Min.

Thu, 02 Jun 2022 - 05:54 GMT

El-said emphasized Wednesday the importance of cooperation and making way for the private sector.

Manufacturing, agriculture, ICT sectors contribute to GDP by 26%: Min.

Tue, 31 May 2022 - 05:57 GMT

The main axis of the economic reform program is to increase the relative weight of the sectors of manufacturing, agriculture, communications and information technology, according to Minister of Planning Hala El-Said.

Egypt prioritizes gender equality, women empowerment: Planning min. tells Dubai forum

Mon, 28 Mar 2022 - 09:29 GMT

Egypt’s Minister of Planning Hala El-Said highlighted on Monday the priority the Egyptian state attaches to gender equality and women's empowerment as she addressed a forum in Dubai on leadership.

Egypt redefines its economic growth forecast to 5.7% in 2021-2022

Mon, 28 Mar 2022 - 02:14 GMT

El-Said added that the growth rate in Egypt amounted to 9 percent in the first half of the fiscal year.

Planning min. says volume of public investment up 46% on last year

Tue, 14 Dec 2021 - 03:27 GMT

Said put the volume of public investment during 2021-2022 at about LE 933 billion, noting that this is a 46 percent rise compared to the previous year.