Egypt’s Banque Misr signs EGP 10b real estate financing deal for NUCA
Banque Misr signed a 10 billion Egyptian pound financing contract with Founders, the real estate marketing arm of…
Browsing Tag
Egyptian economy
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…
Egypt’s annual inflation rises to 12.8% in Sept – CAPMAS
Egypt’s annual inflation rate rose to 12.8 per cent in September 2026, up from 12.7 per cent in August, while the…
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…
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…
Egypt suspends Sunday remote-work system
Egypt’s Cabinet approved a draft decision to suspend the Sunday remote-work system.
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…
EGX trading values reach EGP 17.9trl through September – chairman
Egyptian Exchange (EGX) trading values reached 17.9 trillion Egyptian pounds through September 2026, while its…
Sisi, AngloGold Ashanti CEO discuss expanding mining partnership on Egypt Mining Forum…
Egyptian President Abdel Fattah El-Sisi met AngloGold Ashanti CEO Alberto Calderon on Monday to discuss expanding…
Egypt’s oil refining activity grows 22.4% in Q3 FY2025/26
Egypt’s petroleum refining activity grew 22.4 per cent in the third quarter of fiscal year 2025/2026, while…
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 Mining Forum 2026 expects record global participation
Egypt Mining Forum 2026 will open in Cairo on September 28 as the largest edition of the event to date. The forum…
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’s digital exports reach $7.4bn in 2025
Egypt’s digital exports rose to $7.4 billion in 2025 from $6.9 billion in 2024, while outsourcing services exports…
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 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…
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…
URGENT: Egypt’s annual inflation rises to 13% in July – CAPMAS
Egypt’s annual inflation rate rose to 13.0 per cent in July 2026 from 12.2 per cent in June. The general Consumer…
Egypt’s exports rise 3.58% in May, trade deficit falls – CAPMAS
Egypt’s exports rose 3.58 per cent year on year (YoY) to $4.53 billion in May 2026, compared with $4.37 billion in…
Egypt’s electricity tariffs rise 12%
Egypt's electricity tariffs for residential consumers increased by an average of 12 per cent. At the same time,…
Egypt’s manufacturing, extractive industries index rises 7.8% in April
Egypt’s manufacturing and extractive industries production index, excluding crude oil and petroleum products,…
Egypt’s annual core CPI inflation unchanged at 13.8% – CBE
Egypt's annual urban headline CPI inflation eased to 14.6 per cent in May 2026 from 14.9 per cent in April,…
Egypt showcases investment opportunities, reform progress at BEBA UK mission
Egypt highlighted this week investment opportunities and progress in economic reforms at the "Egypt Future:…
Egypt’s non-oil private sector contracts in May – PMI
ypt’s non-oil private sector remained in contraction in May, with the S&P Global Egypt PMI rising to 47.1 from…
Egypt’s Sisi reviews economy, inflation efforts
Egypt’s President Abdel Fattah El Sisi met with Central Bank Governor Hassan Abdalla on Tuesday to review the…
Egypt moves to secure fuel financing, expand clean energy use
Egypt’s Prime Minister Moustafa Madbouly chaired a meeting on Sunday to review measures to secure petroleum…
Egypt’s Prime Minister inaugurates $2.5m New Sefloon aluminium, cookware factory in…
Egypt’s Prime Minister Moustafa Madbouly inaugurated the NEW SEFLOON factory for aluminium products and cookware,…
Egypt approves first private investment zone with customs services for The Spine Project
Egypt’s General Authority for Investment and Free Zones (GAFI) approved on Sunday the country’s first special…
Egypt taps Islam Azzam to lead Financial Regulatory Authority
Egypt’s President Abdel Fattah El-Sisi has appointed Islam Azzam as acting chairman of the Financial Regulatory…
URGENT: Egypt ends exceptional exemption for imported mobile phones effective 21 Jan
Egypt’s Customs Authority and the National Telecommunications Regulatory Authority (NTRA) announced on Tuesday the…
Egypt’s Customs Authority, Commercial Service sign protocol to boost trade…
Egypt’s Customs Authority and the Egyptian Commercial Service (ECS) signed a cooperation protocol on Monday aimed…
Egypt plans national gold refinery to boost domestic industry – PM
Egypt is exploring the creation of a national gold refinery, seeking greater added value of gold in the local…
Egypt’s strategic commodity reserves remain secure, wheat supply covers safe periods:…
Egypt’s strategic reserves of key commodities remain secure and exceed levels recorded a year ago, the supply…
Egypt to launch first medical tourism investment zone in May 2026: GAFI
Egypt’s first investment zone dedicated to medical tourism is set to begin operations in May 2026, covering 40…
QatarEnergy expands Egypt footprint with new offshore gas exploration partnership with Eni…
QatarEnergy has expanded its presence in Egypt’s energy sector through a new offshore exploration agreement with…
Egypt’s Emergency Workers’ Relief Fund pays out EGP 2.4b to 441k workers since 2002
Egypt’s Workers’ Emergency Relief Fund has disbursed 2.379 billion Egyptian pounds to support 441,000 workers…
URGENT: Egypt’s annual inflation ease to 10.3% in Sept – CAPMAS
Egypt’s Consumer Price Index (CPI) rose by 1.5 per cent in September 2025 compared to August, reaching 260.9…
Egypt’s trade deficit narrows 5.9% in July – CAPMAS
Egypt’s trade deficit narrowed by 5.9 per cent in July 2025 to $5.2 billion, compared with $5.6 billion a year…
Egypt’s trade policy targets $145b in exports by 2030
Egypt plans to ramp up exports to $145 billion by 2030, under a draft trade policy unveiled by Investment and…