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Financial Institutions
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…
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…
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…
McKinsey says AI could compress decades of Egypt’s economic development
Artificial intelligence and the digital economy could help Egypt compress decades of economic development into a…
URGENT: Egypt banking sector NFAs hit 6-year high
Egypt’s banking sector net foreign assets (NFAs) reached $31.2 billion in August 2026, marking their highest level…
FRA: women’s board representation in non-banking sector reaches 26.9% in 2025
Egypt’s Financial Regulatory Authority (FRA) Chairman Islam Azzam said women’s representation on the boards of…
Egypt’s IPN reaches 22m users in Q2 – CBE governor
Egypt’s Instant Payment Network (IPN) reached around 22 million registered customers by the end of the second…
Egypt’s Cabinet launches Egypt Forum 2026 website
Egypt’s Cabinet launched on Thursday the website for Egypt Forum 2026 to allow citizens, experts, and specialists…
Egypt settles EGP102.75bn IMPA debt to National Investment Bank
Egypt signed on Wednesday a tripartite framework agreement to settle the 102.75 billion Egyptian pounds historical…
Egypt extends property tax filing deadline to December 2026
Egypt has extended the deadline for filing property tax returns to the end of December 2026 and gave taxpayers six…
Egypt earmarks EGP80bn to support production, exports, startups – minister
Egypt has earmarked 80 billion Egyptian pounds ($1.5 billion) in its 2026/27 budget for programmes supporting…
Egypt’s central bank gives credit guarantee firms one year to start operations
Egypt’s central bank has given licensed credit guarantee companies one year to start operations after receiving…
Egypt to launch short selling within weeks, regulator says
Egypt will launch short selling within weeks after completing the Centralised Lending System and finalising…
Egypt targets 5.2%-5.4% growth next fiscal year as S&P reviews credit rating
Egypt’s economy grew 5.1% in the 2025/26 fiscal year and is targeting 5.2%-5.4% growth next year as it shifts from…
Egypt to prioritise local resources, development spending in new budget
Egypt will prioritise developing local resources in its governorates in the new fiscal year's budget and redirect…
Egypt, AUC sign deal on African water, climate training
Egypt’s Water Resources and Irrigation Ministry and the American University in Cairo (AUC) signed an agreement on…
Egypt’s PM attends US regional summit
Egypt’s Prime Minister Moustafa Madbouly participated on Tuesday in a summit hosted by US President Donald Trump…
Egypt’s microfinance reaches 1.8 million women in Q2 – FRA chief
Women accounted for 52.8 per cent of Egypt’s microfinance beneficiaries in the second quarter of 2026, with 1.8…
Suez Canal Company, Egyptian Arab Land Bank sign mortgage financing deal
Egypt’s Suez Canal Company for Development and Real Estate Investment signed a cooperation protocol with the…
Egypt’s FRA, women’s council sign deal to boost women’s financial inclusion
Egypt’s Financial Regulatory Authority (FRA) and the National Council for Women (NCW) signed a cooperation protocol…
Private sector regaining momentum in Egypt as investment surges – FinMin
The private sector has strongly regained momentum in Egypt, with private investment becoming the largest…
Egypt’s movable collateral registrations rise 11.9% to 285,015 at end-August – FRA
The number of notices registered on Egypt's movable collateral registry rose 11.9 per cent to 285,015 at the end of…
Egypt’s FRA reviews movable collateral registry after creditor feedback
Egypt's Financial Regulatory Authority (FRA) is reviewing services and procedures at the Egyptian Movable…
Egypt opens €3.8 mln waste stations under Kitchener Drain Depollution Project
Egypt has opened two waste transfer stations in Dakahlia and Gharbia governorates at a combined cost of €3.8…
Egypt’s unemployment falls to 5.8% in Q2 as focus shifts to job quality – minister
Egypt's unemployment rate fell to 5.8 per cent in the second quarter of 2026, as the government shifts its focus…
Egypt PM reviews digital transformation projects
Egypt’s Prime Minister Moustafa Madbouly reviewed developments in several information technology,…
Egypt’s PM, CBE governor discuss economic reforms
Egypt’s Prime Minister Moustafa Madbouly met on Sunday with Central Bank Governor Hassan Abdalla to discuss…
Egypt to pilot programme-based budgeting in FY2027/2028
Egypt will begin pilot implementation of programme and performance-based budgeting in the 2027/2028 fiscal year as…
Egypt’s FRA, Supreme Council for Media Regulation sign protocol on digital platforms
Egypt’s Financial Regulatory Authority (FRA) and the Supreme Council for Media Regulation signed a cooperation…
Egypt’s FRA issues second edition of real estate valuation standards
Egypt’s Financial Regulatory Authority (FRA) has issued on Saturday the second edition of the Egyptian Real Estate…
Egypt’s FRA forms committee for insurance pools
Egypt’s Financial Regulatory Authority (FRA) has formed a committee to prepare a unified model for the bylaws of…
Egypt, FAO sign two MoUs on South Sinai development, olive sector
Egypt and the Food and Agriculture Organisation of the United Nations (FAO) signed two memoranda of understanding…
URGENT: Egypt’s annual inflation fall to 12.7% in August – CAPMAS
Egypt’s annual inflation rate fell to 12.7 per cent in August 2026, down from 13.0 per cent in July. The general…
Egypt’s sovereign fund launches industrial investment sub-fund
The Sovereign Fund of Egypt (TSFE) launched an industrial investment sub-fund on Tuesday with paid-up capital of…
Egypt’s real estate tax app draws 612,000 taxpayer accounts in 2 months – minister
More than 612,000 taxpayers opened electronic accounts through Egypt's real estate tax mobile application in the…
Egypt’s regulator issues first comprehensive consumer finance rulebook
Egypt's Financial Regulatory Authority (FRA) issued on Saturday its first comprehensive guide to the rules…
Egypt’s Suez Canal grows 33.8% in Q4
Egypt’s Suez Canal activity grew by 33.8 per cent in the fourth quarter of fiscal year 2025/2026 and 23.3 per cent…
URGENT: Egypt’s economy grows 5.1% in FY2025/26, beating forecasts – minister
Egypt's economy grew 5.1 per cent in the 2025/26 fiscal year, accelerating from 4.4 per cent a year earlier and…
Egypt’s petroleum refining sector grows 22.4% in Q4 2025/26
Egypt's petroleum refining sector grew 22.4 per cent in the fourth quarter of fiscal year 2025/26 and 8.7 per cent…
Egypt, China renew currency swap, seek more local-currency trade
Egypt and China agreed to renew and expand their currency swap arrangement and encouraged wider use of local…