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Financial Institutions
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…
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’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…
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 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,…
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…
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 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…