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Coverage from multiple publishers, with an attributed brief and a direct link to the original source.
Egyptian government prepares October conference on economic challenges and reforms
Prime Minister Mostafa Madbouly said preparations have begun for a national conference in October.
Advanced Medical to invest EGP 300 million in Suez Canal Economic Zone plant
Advanced Medical plans to establish an export-focused medical-equipment plant in the Suez Canal Economic Zone.
Egypt to host international business meeting with World Economic Forum in November
Cairo is preparing to host a business meeting in cooperation with the World Economic Forum in November.
Suez Canal container-ship tonnage rises 54.2% in first eight months of 2026
The net tonnage of container ships transiting the Suez Canal rose 54.2% to approximately 72.1 million tons in the first eight months of 2026.
Madbouly reviews preparations for global economic meeting in Cairo in November
Prime Minister Mostafa Madbouly reviewed preparations for a global economic meeting in Cairo in November.
Egypt prepares to host business meeting with World Economic Forum in Cairo
Prime Minister Mostafa Madbouly held a meeting to review preparations for a business meeting in Cairo in cooperation with the World Economic Forum.
Cairo to host first dedicated business meeting with World Economic Forum in November
Cairo will host its first dedicated business meeting in cooperation with the World Economic Forum in November.
Stock market awaits renewed liquidity to break 55,000-point resistance
Trading on the Egyptian Exchange was subdued on Wednesday, with lower liquidity and narrow movements as investors awaited renewed activity.
US dollar rises against Egyptian pound at 10 banks by Wednesday’s close
The US dollar rose against the Egyptian pound at 10 banks by the end of Wednesday’s trading.
Suez Canal Economic Zone explores global grain logistics hub with Brazil
The Suez Canal Economic Zone is discussing cooperation and investment opportunities with Brazil’s business community.
83% of targeted shares respond to Al Baraka Bank’s takeover offer for Al Tawfiq Leasing
Preliminary acceptances for Al Baraka Bank Egypt’s mandatory tender offer for Al Tawfiq Leasing reached about 273.72 million shares by the offer’s close on Wednesday.
Gold price listed on the Egyptian Exchange website on September 16, 2026
Gold prices were listed on the Egyptian Exchange website on September 16, 2026.
Dollar Holds Above EGP 52 in Egypt at Wednesday’s Close
The dollar held above EGP 52 against the Egyptian pound at the close of Wednesday’s bank transactions.
Egypt Approves Reorganization of the Ministry of Investment and Foreign Trade
The Egyptian government approved a draft decision to reorganize the Ministry of Investment and Foreign Trade.
Egyptian Center for Economic Studies: Electrical machinery and equipment lead products supporting industrial transformation
A paper by the Egyptian Center for Economic Studies identified products with major development potential to support Egypt’s long-term industrial transformation and attract investment.
Egypt’s FRA and Supreme Council for Media Regulation sign digital-platform protocol
Egypt’s Financial Regulatory Authority and the Supreme Council for Media Regulation signed a cooperation protocol.
Container-ship cargoes transiting the Suez Canal exceed 72 million tonnes, rising 54.2% in eight months
The total net tonnage of container ships transiting the Suez Canal reached about 72.1 million tonnes from January through August 2026.
Forbes Names CIB Among the World’s Top-Performing Banks in 2026
Commercial International Bank – Egypt ranked second globally among medium-sized banks in Forbes’ World’s Top Performing Banks 2026 ranking.
Egypt’s Dollar Rate Rises 20 Piastres on Wednesday, September 16, 2026
The dollar gained about 20 piastres during mid-session trading at Egyptian banks on Wednesday.
Saudi Arabia and Egypt face shipping challenges as economic and investment partnership grows
Saudi Arabia and Egypt face shipping challenges amid a growing economic and investment partnership.
ADIB-Egypt named “Best Islamic Bank in Egypt 2026” for second consecutive year
ADIB-Egypt has been named “Best Islamic Bank in Egypt 2026” by the International Union of Arab Bankers.
The Moves of Major Shareholders in CIB, Talaat Moustafa and e-finance
The report examines the moves of major shareholders in CIB, Talaat Moustafa and e-finance.
Euro Exchange Rate in Egypt Today, Wednesday, 16 September 2026
The euro exchange rate varied at the start of Wednesday’s trading at Egyptian banks.
Kuwaiti dinar exchange rate against the Egyptian pound on Wednesday, 16 September 2026
The Kuwaiti dinar exchange rate against the Egyptian pound was reported for Wednesday, 16 September 2026.
US dollar exchange rate against the Egyptian pound at 11 banks at Wednesday’s open
The US dollar exchange rate against the Egyptian pound was reported at 11 banks at the start of Wednesday’s trading.
Does Egypt need a new program with the IMF? Mohamed Maait comments
Mohamed Maait comments on whether Egypt needs a new program with the International Monetary Fund.
Gold Pound Price in Egypt Reaches EGP 49,975 on Wednesday
The gold pound price in Egypt stood at EGP 49,975 on Wednesday.
Al-Sisi and Saudi Crown Prince discuss regional security, trade and investment in Cairo
Egyptian President Abdel Fattah Al-Sisi received Saudi Crown Prince and Prime Minister Mohammed bin Salman in Cairo for talks on bilateral relations, regional security, and Gaza, Sudan and Yemen.
Egypt’s central bank: Saudi deposit repayment of $5.3 billion due within days
Egypt’s central bank said the $5.3 billion Saudi deposit is due for repayment within days.
US dollar climbs past EGP 52 at Tuesday’s close for the first time in three months
The US dollar climbed above EGP 52 against the Egyptian pound at Tuesday’s close, the first time in three months.
Egyptian Bank Shares: Today’s Performance on the Egyptian Exchange
A report highlights the performance of bank shares on the Egyptian Exchange today.
Dollar Exchange Rate Against the Egyptian Pound at Egypt’s Central Bank
A report covers the dollar’s exchange rate against the Egyptian pound at the Central Bank of Egypt.
Sterling Nears a One-Month Low Globally—How Much Is It Worth Against the Egyptian Pound?
Sterling is near its lowest global level in a month, with its exchange rate against the Egyptian pound highlighted.
Egypt’s Economy Faces Geopolitical Turbulence, Not a Structural Crisis: Bloomberg Economist
Egypt’s economy faces geopolitical turbulence rather than a structural crisis, according to a Bloomberg economist.
Dollar prices against the Egyptian pound at 11 banks at Tuesday’s close
Dollar prices against the Egyptian pound were reported at 11 banks at the close of Tuesday’s trading.
Kuwaiti Dinar Exchange Rate Against the Egyptian Pound on Tuesday, 15 September 2026
A report covers the Kuwaiti dinar’s exchange rate against the Egyptian pound on Tuesday, 15 September 2026.
Mohammed bin Salman’s Visit to Egypt Highlights Economic Relations
Mohammed bin Salman’s visit to Egypt highlights the countries’ economic relations.
Egypt Prepares for a Major Rate Cut in 2027—Could Inflation Derail It?
Egypt is preparing for a major interest-rate cut in 2027, while inflation could hinder the move.
Egyptian exports declined in Q1 2026 despite improved external economic conditions
Egyptian exports declined in the first quarter of 2026 despite an improvement in the economy’s external position during the first half of the year.
Why did Egyptian stock-market indicators decline during today’s session?
The headline asks why Egyptian stock-market indicators declined during today’s session.
GIG Egypt – Hayah Takaful Records EGP 111.4m Net Profit in First Half of 2026
GIG Egypt – Hayah Takaful posted net profit of EGP 111.4m in the first half of 2026.
Dollar exchange rate against the pound at Egypt’s central bank
The headline reports on the dollar’s exchange rate against the Egyptian pound at the Central Bank of Egypt.
Egypt’s dollar rate jumps to a three-month high
The dollar rose by about 50 piastres at Monday’s close to reach EGP 51.99 at Abu Dhabi Islamic Bank, Al Masraf Al Motahed and Egyptian Gulf Bank.
Egypt’s Stock Exchange Declines Under the Impact of Three Main Factors
Egypt’s stock exchange declined under the impact of three main factors.
Dollar exchange rate against the Egyptian pound at 11 banks at Monday’s close
The headline reports the dollar exchange rate against the Egyptian pound at 11 banks at the end of Monday’s trading.
Gold price listed on the Egyptian Exchange website on 14 September 2026
Gold price listed on the Egyptian Exchange website on 14 September 2026.
Infographic: Inflation in Egypt’s Cities Slows in August
Inflation in Egypt’s cities slowed in August.
Egyptian Exchange approves temporary listing of MNT-Halan Tech ahead of share offering
The Egyptian Exchange’s Securities Listing Committee approved the temporary listing of MNT-Halan Tech Holding for Financial Investments’ shares on Monday.
Egypt’s Dollar Rate Nears EGP 52 at Monday’s Close
The dollar rose noticeably against the Egyptian pound at local banks on Monday, September 14, 2026.
Egypt’s Digital Exports Reach $7.4 Billion in 2025
Egypt’s digital exports rose to $7.4 billion in 2025 from $6.9 billion in 2024.
Al Ahly Pharos identifies three key factors behind Egypt’s market decline
Al Ahly Pharos identified three main factors behind the Egyptian stock market’s declines.
Egypt gives consumer finance companies two months to implement OTP verification
Egypt’s Financial Regulatory Authority has given licensed consumer and small-business finance companies two months to implement OTP verification.
Egypt’s Dollar Price Jumps Sharply in Mid-Session Trading
The dollar rose by about 40 piastres against the Egyptian pound in Monday’s bank trading.
Euro rises against the Egyptian pound on Monday, September 14, 2026
The euro rose against the Egyptian pound at Egyptian banks on Monday, September 14, 2026.
Amer Group Approves Subsidiary Restructuring Ahead of Egyptian Stock Exchange Listing
Amer Holding Group’s board approved the restructuring of ANC Tourism Development.
Kuwaiti dinar exchange rate against the Egyptian pound on Monday, September 14, 2026
The Kuwaiti dinar exchange rate against the Egyptian pound was reported on Monday, September 14, 2026.
Latest movements in the Saudi riyal exchange rate at Egyptian banks
The latest movements in the Saudi riyal exchange rate at Egyptian banks were reported at the start of trading.
Official dollar exchange rates at Egyptian banks at the start of morning trading
Official dollar exchange rates at Egyptian banks were reported at the start of morning trading.
Planning Minister: Digitising government and financial services is key to improving Egypt’s economic efficiency
Planning and Economic Development Minister Ahmed Rostom visited the headquarters of eFinance for Financial and Digital Investments.
Dollar exchange rate against the Egyptian pound at 11 banks at Monday’s open
The dollar exchange rate against the Egyptian pound was reported at 11 banks at the start of Monday’s trading.
Egypt’s Gold Pound Stands at EGP 50,200 on Monday
Egypt’s gold pound stood at EGP 50,200 on Monday.
Al-Sisi targets $12 billion in Egypt-India trade and urges Iran to halt regional escalation
Egyptian President Abdel Fattah Al-Sisi said Egypt aims to raise bilateral trade with India to $12 billion.
Egypt and Thailand discuss expanding trade and boosting mutual investment
Egypt and Thailand discussed expanding bilateral trade and strengthening mutual investment.
Egyptian Pound Remains Above EGP 51 per Dollar at Sunday’s Close
The Egyptian pound remained above EGP 51 per dollar at Sunday’s close.
Obour Investors Association discusses activating set-off mechanism with Finance Ministry
The Obour Investors Association will meet with the Finance Ministry to discuss activating set-off arrangements for settling factories’ debts.
Egyptian central bank dollar exchange rate
The central bank’s dollar exchange rate against the Egyptian pound was reported.
SIDPEC shareholders approve starting procedures for an EGX offering
The ordinary general assembly of Chemical Industries Development Company, SID Pharmaceuticals, approved proceeding with the listing and offering of its shares on the Egyptian Exchange.
Egyptian Exchange hosts regional research competition for financial-analysis societies with nine countries participating
The Egyptian Exchange hosted the CFA societies’ regional research competition for the first time, organized by CFA Egypt.
Euro rises against the Egyptian pound at Sunday’s close
The euro rose against the Egyptian pound at the close of trading on Sunday, September 13, 2026, at Egyptian banks.
Dollar exchange rate against the Egyptian pound at 11 banks at Sunday’s close
The dollar exchange rate against the Egyptian pound was reported at 11 banks at the end of Sunday’s trading.
Euro price in Egypt falls at Sunday’s close, 13 September 2026
The euro fell at the close of trading at banks operating in Egypt on Sunday, 13 September 2026, moving against the direction of other traded currencies.
Financial Regulatory Authority discusses boosting the non-bank financial sector’s appeal with the EBRD
Egypt’s Financial Regulatory Authority and the European Bank for Reconstruction and Development discussed cooperation to develop the non-bank financial sector and increase its investment appeal.
Egypt’s central bank faces inflation and fuel test as rate-hold scenario gains ground
Egypt’s central bank faces inflation and fuel pressures, while a scenario of keeping interest rates unchanged moves to the forefront.
Egypt’s Sugar Exports Reach 581,000 Tons Worth $290 Million in 2025
Egypt’s exports of cane and beet sugar, along with chemically pure sucrose in solid form, reached $290 million in 2025.
Egypt’s food exports reach 230,000 tons in one week: NFSA
Egypt exported around 230,000 tons of food products in 3,700 consignments during the week ended 11 September.
Arabian Investments Holding Approves Swapping Stake in Al Tawfiq Leasing with Al Baraka Bank
Arabian Investments Holding’s extraordinary general assembly approved swapping its entire 68.41% stake in Al Tawfiq Leasing for shares in Al Baraka Bank Egypt.
Egypt’s Medcom contracts to build three power plants in Libya with €100 million investment
Egyptian company Medcom has contracted to implement three power plants in Libya with an investment of €100 million.
After July Gains, Why Is the Dollar Pressuring the Egyptian Pound Again?
The dollar is coming under renewed pressure on the Egyptian pound after gains in July.
Business professor: Egypt is strengthening its BRICS gains through trade and investment
Egypt is strengthening its gains from BRICS through trade and investment, according to a business professor.
Egypt’s FRA Forms Committee for Insurance Pools
Egypt’s Financial Regulatory Authority has formed a committee to prepare a unified model for the bylaws of insurance pools.
Central Bank of Egypt launches fourth FinTech Got Talent 2026 competition for university students
The Central Bank of Egypt has launched the fourth edition of its FinTech Got Talent 2026 competition for university students.
Khaled Hashem discusses industrial-zone infrastructure financing and Egypt’s green transition with European bank
Khaled Hashem discussed with a European bank financing for industrial-zone infrastructure and support for Egypt’s green transition.
Egypt’s Central Bank Launches Competition to Discover University Fintech Talent
Egypt’s Central Bank has launched a competition to discover fintech talent among university students.
Contract Signed to Build Electric-Battery Factory in Egypt with Investments Exceeding EGP 2 Billion
BME for Battery Manufacturing and China’s Contemporary Amperex Technology Limited signed a contract to build a factory in Egypt producing various types of electric batteries.
Euro declines against the Egyptian pound at Egyptian banks on Sunday, September 13, 2026
The euro declined against the Egyptian pound at Egyptian banks on Sunday, September 13, 2026.
Kuwaiti dinar exchange rate against the Egyptian pound on Sunday, September 13, 2026
The Kuwaiti dinar exchange rate against the Egyptian pound was reported for Sunday, September 13, 2026.
Egypt signs contract to build electric-battery plant with investments exceeding EGP 2bn
Egypt signed a contract to establish a plant producing various types of electric batteries, with investments exceeding EGP 2bn.
President El-Sisi: Rapid shifts and challenges underscore the need for more resilient economies
President Abdel Fattah El-Sisi said global economic shifts and challenges underscore the importance of building more resilient economies.
Egypt Considers Building a New Power Line With Libya With EGP 10 Billion in Investment
Egypt is considering building a new electricity line with Libya, with investment of EGP 10 billion.
Dollar exchange rate against the Egyptian pound at 11 banks on Sunday
The dollar exchange rate against the Egyptian pound was reported at 11 Egyptian banks at the start of Sunday trading.
Gold Pound in Egypt at EGP 50,200 on Sunday
The gold pound in Egypt stood at EGP 50,200 on Sunday.
Egyptian and Iraqi Business Groups Discuss Expanding Trade and Industrial Cooperation
The Egyptian Commercial Service office in Baghdad held talks with the Federation of Iraqi Businessmen to explore stronger trade, investment and industrial cooperation between Egypt and Iraq.
Egypt’s Trade with BRICS Countries Rises to $36.7 Billion in H1 2026
Egypt’s trade with BRICS countries rose to $36.7 billion in the first half of 2026.
Al-Sisi calls for expanded concessional BRICS financing as Egypt seeks presidency
President Abdel Fattah Al-Sisi called on BRICS leaders to expand access to innovative and concessional financing and strengthen the New Development Bank.
Economist: Egypt’s trade with BRICS countries will jump to $53bn
An economist expects Egypt’s trade with BRICS countries to rise to $53bn.
Official Launch of the Oxford Guide to the Egyptian Economy at the American University in Cairo
The Oxford Guide to the Egyptian Economy was officially launched at the American University in Cairo.
Anticipation of Fed Meeting Keeps Egyptian Exchange Trading Range-Bound
Caution ahead of the US Federal Reserve’s interest-rate decision is expected to keep Egyptian stock-market indices moving sideways in coming sessions.
MNT-Halan, a Unicorn, Moves Closer to Listing on the Egyptian Exchange
MNT-Halan has applied to the Egyptian Exchange’s Securities Listing Committee for a temporary share listing ahead of trading.
With investments exceeding EGP 30 billion, DIG reveals updates on its New Administrative Capital portfolio
DIG Developments revealed updates on the execution and financial positions of its projects in Egypt’s New Administrative Capital.
US Dollar Exchange Rate Against the Egyptian Pound Today, Saturday, September 12, 2026
The US dollar exchange rate against the Egyptian pound was reported for Saturday, September 12, 2026.
Egypt’s Gold Pound Price Today, Saturday, September 12, 2026, Reaches EGP 50,560
The price of a gold pound in Egypt reached EGP 50,560 on Saturday, September 12, 2026.
Mahmoud Mohieldin: Exchange-Rate Flexibility Has Improved My Outlook for Egypt’s Economy
Mahmoud Mohieldin said exchange-rate flexibility has improved his outlook for the future of Egypt’s economy.
Sanad and Green funds target $70m in financing for Egyptian banks and companies before end-2026
The Sanad and Green funds are targeting $70m in financing for Egyptian banks and companies before the end of 2026.
Dollar Price Today, Friday, September 11, 2026, Against the Egyptian Pound at Banks
The dollar’s price against the Egyptian pound at Egyptian banks on Friday, September 11, 2026.
Egypt’s Trade with BRICS Countries Reaches $36.7 Billion in Six Months
Egypt’s trade with BRICS countries reached $36.7 billion over six months.
Dollar Exchange Rate Against the Egyptian Pound at Banks Today, Friday, September 11, 2026
The dollar exchange rate against the Egyptian pound at Egyptian banks is reported for Friday, September 11, 2026.
US Dollar Exchange Rate Against the Egyptian Pound at Banks on Friday, September 11, 2026
The exchange rate of the US dollar against the Egyptian pound was reported at Egyptian banks on Friday, September 11, 2026.
Egypt’s economy grows as urban inflation slows
Egypt’s economy grew while urban inflation slowed.
Planning minister: Falling inflation alongside continued growth confirms Egypt’s improving economic trajectory
Planning and Economic Development Minister Ahmed Rostom said falling inflation alongside continued growth was a positive sign that Egypt’s economy was moving in the right direction.
Planning Minister: International Institutions Raise Egypt’s Growth Forecast to 4.6%
International institutions have raised their forecasts for Egypt’s economic growth to 4.6%, according to the planning minister.
Egypt’s core inflation rises to 14.9% in August as monthly rate reaches 0.3%
Egypt’s core inflation rose to 14.9% in August, while the monthly rate reached 0.3%.
Planning Minister: Manufacturing contributes about 20% of Egypt’s economic growth
The Planning Minister said manufacturing contributes about 20% of Egypt’s economic growth.
Egyptian pound steadies near EGP 51 per dollar after a week of pressure
The Egyptian pound steadied near EGP 51 per dollar after a week of pressure.
Egyptian startup financing rises, but ecosystem readiness lags
Financing for Egyptian startups has increased, but the readiness of the broader ecosystem has not kept pace.
Banque du Caire nears potential IPO as updated fair-value study methodology is approved
Banque du Caire is nearing a potential listing on the Egyptian Exchange after approval of an updated fair-value study methodology.
Investment Authority Discusses Investment and Expansion Opportunities in Egypt with Emirates NBD Clients
The Investment Authority discussed investment and expansion opportunities in Egypt with clients of Emirates NBD.
Sticky inflation may delay Egypt rate cuts until the first quarter of 2027
Sticky inflation may delay interest-rate cuts in Egypt until the first quarter of 2027.
Egypt’s urban inflation slows to 14.5% in August
Inflation in Egypt’s cities slowed to 14.5% in August.
Egypt’s annual core inflation rises to 14.9% in August
Egypt’s annual core inflation rate rose to 14.9% in August from 14.7% in July.
EGX70 stock composition draws investor interest, Cairo Stock Exchange says
The composition of stocks in Egypt’s EGX70 Index is attracting investor interest, according to the Cairo Stock Exchange.
Egypt annual headline inflation eases to 12.7% in August: CAPMAS - Economy - Business
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Egypt’s annual headline inflation slows to 12.7% in August as food prices fall
Egypt’s annual headline inflation eased to 12.7% in August from 13% in July.
Five Egyptian companies participate in Thessaloniki Fair to boost trade ties with Greece
Five Egyptian companies are participating in the 90th Thessaloniki International Fair to expand exports, attract investment and strengthen economic partnerships with Greece.
Egypt’s $40 bln foreign debt holdings: Renewed confidence or high-yield bet? - Economy - Business
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Communications minister discusses outsourcing investment opportunities with Egyptian Businessmen’s Association
Communications and Information Technology Minister Raafat Hendy held a meeting with a delegation from the Egyptian Businessmen’s Association to discuss outsourcing investment opportunities.
Egypt’s central bank warns of InstaPay scams targeting users
The Central Bank of Egypt (CBE) on Thursday warned users of InstaPay, the country's instant payments platform, about scammers impersonating its staff and trying to steal their personal and financial data.
Egypt’s inflation surprises markets with another decline to 14.5%
Inflation in Egypt fell again to 14.5%, surprising markets.
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.
Exports reduce Egyptian cotton stocks ahead of the new marketing season
Exports have reduced Egyptian cotton stocks ahead of the new marketing season.
EBRD seeks to expand investment in Egypt across energy, industry
The European Bank for Reconstruction and Development (EBRD) is seeking to expand investment in Egypt, particularly in renewable energy, electricity networks, fertilisers, agriculture, and food industries, the Egyptian foreign ministry said on Wednesday.
Egypt announces fast-track investment system at AIM Congress 2026
Egypt has introduced a “Fast-Track” system to speed up licensing and utilities procedures for investment and industrial projects, with energy projects set to receive priority, Planning and Economic Development Minister Ahmed Rostom said on Tuesday.
Investment Ministry launches training grant to strengthen companies’ capabilities, export readiness
As part of the Ministry of Investment and Foreign Trade’s efforts to enhance the competitiveness of Egyptian companies and improve their export readiness, a cooperation protocol has been signed between the ministry’s Foreign Trade Training Centre and the Export Development Fund to support the development of companies operating in a number of priority export sectors.
GAFI forms task force to monitor UAE investments, address challenges
Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI), met with Abdullah Al Suwaidi, Secretary-General of the UAE Investors Council Abroad, in the presence of Manal Abdel Tawab, Minister Plenipotentiary and Head of the Egyptian Commercial Representation Office in the UAE.
Egypt Launches Its First Industrial Investment Fund
Egypt has launched its first industrial investment fund.
El Ezz Alar? No delayed deliveries in Egypt; foreign-exchange reserves rise at end-August; Vodafone invests $1.1 billion in two data centers
The headline reports no delayed deliveries in Egypt, higher foreign-exchange reserves at the end of August and Vodafone’s planned $1.1 billion investment in two data centers.
Egyptian exports rise 37.4% to $5bn in June 2026
Egyptian exports rose by 37.4% year-on-year in June 2026, reaching $5bn, compared with $3.6bn in June 2025, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS).
SODIC and CIB sign a Medium-Term Facility for EGP 7.5 Billion to Finance June Project
SODIC, Egypt’s leading real estate developer announced the signing of an EGP 7.5 billion Medium Term Facility with Commercial International Bank (CIB) to finance the development of June, SODIC’s flagship project on Egypt’s North Coast along with other project related expenses, invest-gate reports.
GRANITE, Tarmiiz join FRA Sandbox to test money market fund tokenization
GRANITE Financial Holding and Tarmiiz Information Technology have joined Egypt’s Financial Regulatory Authority (FRA) Regulatory Sandbox to test a model for tokenizing money market fund assets, marking an early step toward exploring blockchain technology in Egypt’s asset management sector.
Irrigation Minister: Integrated Coastal Management Vision to Protect Investments and Natural Resources
Minister of Water Resources and Irrigation Hani Sewilam reviewed progress and outcomes from a project to strengthen adaptation to climate change on the North Coast and Nile Delta.
After the Fed decision, banking expert says US bond yields are nearing 5% amid global economic repricing
A banking expert said US bond yields are nearing 5% following the Federal Reserve’s decision.
Brent Crude Rises Above $100 As Middle East Tensions Escalate
Brent crude rose above $100 a barrel Wednesday for the first time since July, as escalating Middle East tensions heightened concerns over disruptions to regional oil supplies.Oil prices surgeThe benchmark was up about 25% from early August as the US-Iran conflict and attacks by Iran-backed Houthis on Saudi energy facilities raised concerns over oil flows from the region.As of 12:36 p.m.