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Financial Institutions
ADB Approves $233.1m loan for Uzbekistan road
The Asian Development Bank (ADB) has approved a $233.1 million loan to Uzbekistan to modernise 87 km of the Central…
Egypt targets EGP3.5t in investment, 4.5% growth in 2025/’26 plan
Egypt has set a target of 3.5 trillion Egyptian pounds in total investments and a 4.5 per cent growth rate under…
Egypt approves €12m EU grant for population strategy
Egypt’s President Abdel Fattah El-Sisi approved Presidential Decree No. 131 of 2025 endorsing a financing agreement…
Egypt to unveil post-IMF economic vision in September: PM
Egypt will present a draft of its post-IMF economic vision in early September, Prime Minister Moustafa Madbouly…
Egypt sees highest-ever monthly dollar inflows in July – PM
Egypt saw its highest-ever monthly US dollar inflows in July, reaching $8.5 billion, excluding volatile hot money,…
Egypt’s FRA chief pledges new products to deepen market
Egypt’s Financial Regulatory Authority (FRA) is working to introduce new financial products and mechanisms to boost…
Egypt’s PM vows full support for capital market reforms
Egyptian Prime Minister Moustafa Madbouly said on Tuesday his government would fully support efforts to develop the…
Egypt’s SCZONE inks $130m deal with China’s EVERFAR for textile hub
Egypt’s Suez Canal Economic Zone (SCZONE) signed a $130 million agreement with China’s Everfar Textile Egypt LLC to…
Moody’s to acquire majority stake in Egypt’s MERIS
Moody’s Corporation (NYSE:MCO) announced plans to acquire a majority equity stake in Middle East Rating &…
EGP nudges down in early Tuesday trading
The Egyptian pound (EGP) nudged down against the US dollar (USD) during early trading on Tuesday, August 26, 2025.