Egypt denies Suez Canal debt swap
Egypt denies plans to swap or pledge the Suez Canal to settle domestic debt, the Cabinet said on Sunday, rejecting…
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Economy
Egypt’s manufacturing, extractive industries index falls 4.3% in May
Egypt’s Industrial Production Index for manufacturing and extractive industries, excluding crude oil and petroleum…
Egypt’s TSFE prepares industrial investment fund: minister
Egypt's Sovereign Fund (TSFE) plans to launch a new industrial investment fund to support manufacturing, expand…
Egypt to launch national initiative to boost exports from governorates
Egypt is preparing to launch a national initiative to boost exports from its governorates and expand the country's…
URGENT: Egypt annual inflation slows to 12.2% in June – CAPMAS
Egypt's annual inflation rate eased to 12.2 per cent in June 2026 from 13.0 per cent in May, while monthly…
Oil prices rise on Tuesday
Oil prices rose more than 1 per cent on Tuesday as uncertainty over a potential US-Iran nuclear deal outweighed the…
Egypt’s non oil private sector contracts in June – PMI
Egypt's non-oil private sector contracted at its fastest pace since January 2023 in June, with the S&P Global…
Egypt approves EGP1.061bln profit distribution from five holding companies
Egypt approved additional profit distributions worth 1.061 billion Egyptian pounds across five state-owned holding…
Egypt settles EGP196 bln in historic state debts
Egypt signed two framework agreements on Sunday to settle 196 billion Egyptian pounds in debts, resolving…
Egypt’s tourism revenues rise to $14.4 billion in 2025/26
Egypt's tourism revenues increased to about $14.4 billion during the July to March period of fiscal year 2025/26,…
URGENT: Egypt’s annual inflation slows to 13% in May – CAPMAS
Egypt's annual inflation rate slowed to 13.0 per cent in May 2026 from 13.4 per cent in April, while the nationwide…
Egypt’s Farid details investment reform push during London visit
Egypt is pursuing reforms to simplify investment procedures, reduce bureaucracy, and strengthen its industrial base…
Egypt reviews fuel reserves, energy security
Egypt’s Prime Minister Moustafa Madbouly chaired a meeting on Wednesday to review efforts to secure strategic fuel…
Egypt denies plans for 10,000 pound banknote
Egypt’s Cabinet Media Centre denied reports circulating about the government’s alleged intention to issue a new…
Egypt’s unemployment falls to 6.0% in Q1 2026 – CAPMAS
Egypt’s unemployment rate fell to 6.0 per cent in the first quarter of 2026 from 6.2 per cent in the previous…
Egypt non-oil exports rise to $12bn in Q4 2025 – IDSC
Egypt’s non-oil merchandise exports rose 7.1 per cent year on year to $12 billion in the fourth quarter of 2025,…
URGENT: Egypt’s unemployment rate falls to 6.3% in 2025 – CAPMAS
Egypt’s unemployment rate fell to 6.3 per cent in 2025, down from 6.6 per cent in 2024, a decline of 0.3 percentage…
Egypt inaugurates Talabat’s largest MENA distribution hub
Egypt’s Minister of Communications and Information Technology Raafat Hindy inaugurated on Tuesday Talabat Egypt’s…
URGENT: Egypt’s annual inflation eases to 10.1% in Jan – CAPMAS
Egypt’s annual inflation eased to 10.1 per cent in January 2026, down from 10.3 per cent in December 2025. The…
Egypt’s non-oil private sector contraction at slower pace in October – PMI
Egypt’s non-oil private sector saw its slowest contraction in eight months in October, with business output and new…
Egypt reviews new investment projects, seeks deeper Arab economic ties
Egypt’s Prime Minister Moustafa Madbouly chaired a meeting on Monday to review upcoming investment opportunities…
Egypt reviews update to State Ownership Policy to boost private sector role
Egypt’s Prime Minister Moustafa Madbouly chaired a meeting on Monday of the Supreme Committee for the State…
UK inflation unchanged in Sept
UK inflation remained unchanged in September, with the Consumer Prices Index including owner occupiers’ housing…
Sisi to lead historic first-ever Egypt–EU Summit
Egypt’s President Abdel Fattah El-Sisi left Cairo on Tuesday for Brussels to lead the country’s delegation to the…
China’s GPD expands by 4.8% in Q3
China’s economy grew by 4.8 per cent in the third quarter of 2025, matching forecasts but slowing from 5.2 per cent…
Egypt, EU discuss second tranche of €4b financial aid ahead of summit
Egypt’s Minister of Planning, Rania El-Mashat, discussed on Saturday the release of the second tranche of the €4…
Egypt, MIGA discuss boosting investment guarantees to attract private financing
Egypt’s Minister of Planning and Economic Development Rania Al-Mashat met Saturday with Hiroshi Matano, Executive…
Egypt monitors market stability following new fuel prices
Egypt’s markets remain stable and well-supplied following the latest adjustment in petroleum product prices,…
Egypt’s PM names Hashem El-Sayed Hashem to lead SOE restructuring efforts
Egypt’s Prime Minister Moustafa Madbouly has appointed Hashem El-Sayed Hashem as Chief Executive Officer of the…
China’s foreign trade up 4% in 9 months
China’s total goods trade grew by 4 per cent year on year (YoY) to 33.61 trillion yuan (around $4.73 trillion) in…
Fitch affirms Egypt’s rating at ‘B’ with stable outlook
Fitch Ratings has affirmed Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’, maintaining a…
Egypt’s c.bank launches Banking Reform and Development Fund
Egypt’s central bank has launched the Banking Reform and Development Fund and appointed an eleven-member board for…
Suez Canal revenues drop 45.5% in FY 2024/2025 – CBE
Egypt's Suez Canal revenues dropped 45.5 per cent to $3.6 billion during fiscal year 2024/2025, compared to $6.6…
Egypt’s current account deficit narrows 25.9% in FY 2024/2025 – CBE
Egypt’s current account deficit narrowed by 25.9 per cent in the 2024/2025 fiscal year, supported by a surge in…
Egypt PM, economic advisers review progress as growth momentum strengthens
Egypt’s Prime Minister Moustafa Madbouly met on Monday with members of the Macroeconomic Advisory Committee to…
Egypt’s non-oil private sector index hits 48.8 in September – PMI
Egypt’s non-oil private sector continued to contract in September, with the S&P Global Egypt Purchasing…
India’s fiscal deficit at $67.3b by August ’25
India's fiscal deficit in April-August was 5.98 trillion rupees ($67.34 billion), which is 38.1 per cent of the…
CAPMAS: Egypt’s exports to UAE 141.2% in Jan–July, trade hits $5.4b
Egypt’s exports to the United Arab Emirates jumped 141.2 per cent in the first seven months of 2025 to $4.1…
Egypt’s exports up 6.5% in 2024 – CAPMAS
Egypt’s exports rose 6.5 per cent in 2024 to $45.3 billion, but imports rose at more than double the pace, up 13.2%…
Egypt, Singapore eye stronger bilateral cooperation in ports, investment
Egypt’s Prime Minister Moustafa Madbouly met Singapore’s President Tharman Shanmugaratnam in Cairo on Saturday in a…