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Money
Banque du Caire’s IPO to deepen Egypt’s market liquidity – EGX chair
Banque du Caire’s record-breaking initial public offering will help deepen liquidity in the Egyptian Exchange (EGX)…
Egypt plans spending controls to cushion impact of regional tensions
Egypt is preparing measures to rationalise government spending and create fiscal space to address the economic…
China’s central bank shifts main policy rate to overnight reverse repo
China’s central bank shifted its main policy rate from the seven-day reverse repo rate to the overnight reverse…
Banque du Caire’s IPO a turning point in Egypt’s economic reform – PM
Prime Minister Moustafa Madbouly described Banque du Caire’s initial public offering on Monday as a turning point…
Egypt signs $1bln World Bank financing agreement for economic reforms
Egypt signed a $1 billion financing agreement with the World Bank on Sunday as part of the second phase of its…
Egypt seeks QNB network to promote state offerings, property projects
Egypt is seeking to use Qatar National Bank’s (QNB) international reach and client base to promote government…
Egypt, World Bank discuss support for priority water projects
Egypt is seeking technical assistance and financing from the World Bank for priority water projects as the country…
Egypt’s regulator sets three criteria for short selling stocks
Egypt’s Financial Regulatory Authority (FRA) will use three key criteria to determine which stocks qualify for…
URGENT: Egypt’s central bank raises key interest rates by 100 bps
Egypt’s central bank on Thursday raised key interest rates by 100 basis points, signalling a cautious shift to…
Egypt urges WTO reform, fairer market access for exports
Egypt’s Investment Minister Mohamed Farid met World Trade Organisation (WTO) Director-General Ngozi Okonjo-Iweala…
Egypt signs private-sector deals for 20,000 affordable homes in 8 cities
Egypt has signed partnership agreements with private real estate developers to build about 20,000 affordable…
Egypt, Netherlands launch €3.7 mln water resilience project in South Sinai
Egypt and the Netherlands have signed a cooperation protocol on Tuesday for a project to build 50 mountain lakes in…
CBE, EIB discuss sustainable finance cooperation
Egypt’s Central Bank Governor Hassan Abdullah met on Monday with European Investment Bank (EIB) Vice President…
EGX wins board seat at Arab Federation of Capital Markets
The Egyptian Exchange (EGX) has won a seat on the Board of Directors of the Arab Federation of Capital Markets…
Egypt’s Central Bank trains 11 African counterparts on climate risks
The Central Bank of Egypt (CBE) hosted a five-day training programme for 25 participants representing 11 central…
Egypt’s private insurance funds assets rise 21.7% to EGP238.2b in 2025 – FRA
Egypt’s private insurance funds recorded a 21.7 per cent annual increase in total assets to 238.2 billion Egyptian…
Egypt’s National Investment Bank eyes private partners to unlock value of transferred…
Egypt’s National Investment Bank (NIB) is studying partnerships to maximise returns from assets transferred to its…
Egypt approves nearly EGP 13bn in foreign grants to NGOs in 2025/26
Egypt approved 1,828 foreign grants worth nearly 13 billion Egyptian pounds for civil society organisations in the…
Education, inflation top public concerns at Egypt Forum, Madbouly says
Education ranks first among Egyptians' concerns, followed by issues including prices and inflation, healthcare,…
Egypt approves Banque du Caire’s share sale worth up to EGP24.25 bln
Egypt’s Financial Regulatory Authority (FRA) approved on Sunday the prospectus for Banque du Caire’s share…
Moody’s upgrades Egypt to B3, keeps positive outlook
Moody's Ratings upgraded Egypt's sovereign credit ratings to B3 from Caa1 on Friday, citing sustained fiscal…
Egypt, IFC discuss proposed fund to support startups, digital innovation
Egypt is exploring the establishment of a fund to finance startups and innovative ventures, as the government seeks…
Egypt, Norway’s Norfund discuss infrastructure guarantees, renewable energy investment
Egypt is discussing potential cooperation with state-owned Norwegian Investment Fund for Developing Countries…
Egypt, Norway explore cooperation on infrastructure financing guarantee scheme
Egypt and Norway discussed potential cooperation on a proposed financing guarantee mechanism for infrastructure…
Egypt seeks deeper EU economic ties at IMF–World Bank meetings
Egypt is seeking to deepen its economic partnership with the European Union to support economic and fiscal reforms…
IMF raises Egypt’s growth forecast to 4.7% in FY2026/27
The International Monetary Fund (IMF) raised its forecast for Egypt’s real gross domestic product growth to 4.7% in…
Egypt seeks deeper AFC ties to attract private capital
Egypt is seeking to deepen ties with the Africa Finance Corporation (AFC) to attract more private capital for…
Egypt, Kuwait discuss guarantee mechanism for infrastructure financing
Egypt and Kuwait discussed establishing a mechanism to guarantee financing for infrastructure projects in the North…
World Bank’s chief praises Egypt’s economic resilience in meeting with foreign minister
World Bank President Ajay Banga praised Egypt’s economic resilience and efforts to improve its investment climate…
URGENT: Egypt’s remittances rise 27.2% in January-August 2026 – CBE
Remittances from Egyptians working abroad rose 27.2 per cent year-on-year to a record $33.9 billion in the first…
S&P affirms Egypt’s credit rating at B/B
Egypt’s credit rating was affirmed at B/B with a stable outlook by S&P Global Ratings, reflecting a balance…
Fitch affirms Egypt’s ‘B’ rating with stable outlook
Fitch Ratings has affirmed Egypt’s long-term credit rating at ‘B’ with a stable outlook, citing its growth…
Egypt’s housing programme brings more than half of beneficiaries into banking – official
More than half of beneficiaries of Egypt’s Housing for All Egyptians Programme have dealt with banks for the first…
Egypt’s central bank warns of scams seeking customers’ personal data
The Central Bank of Egypt (CBE) warned citizens on Wednesday against fraudulent calls and links seeking private…
Egypt’s investment funds assets hit EGP471b
Egypt’s investment funds recorded a 14.7 per cent increase in net asset value to 471 billion Egyptian pounds across…
Egypt’s gold reserves hit $17.456 bln in September – CBE
Egypt’s gold reserves fell 8.4 per cent month-on-month to $17.456 billion at the end of September from $19.058…
URGENT: Egypt’s net international reserves hit $57.348b end of September – CBE
Egypt’s net international reserves reached $57.348 billion at the end of September 2026, the Central Bank of Egypt…
World Bank raises Egypt’s 2026/27 growth forecast to 4.3%
The World Bank raised on Tuesday its forecast for Egypt’s economic growth in fiscal year 2026/2027 to 4.3 per cent,…
Egypt, African trade bank TDB discuss financing to help exporters expand
Egypt’s Investment and Foreign Trade Minister Mohamed Farid met with Admassu Tadesse, Co-Chairperson and Managing…
Egypt’s banks to close on 8 Oct. for Armed Forces Day – CBE
Egypt’s banks will be closed on Thursday, October 8, 2026, to mark Armed Forces Day, the Central Bank of Egypt said…