Finance News
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2026 could be Egypt’s economic turning point
Egypt’s economy is approaching a critical inflection point. After a period of fiscal tightening, currency reform, and macroeconomic adjustment.
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Egypt debt on track to hit lowest level since 2016 by 2030
Egypt’s general government gross debt is projected to decline steadily through 2030, reaching its lowest level since 2016, according to the IMF.
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Egyptian billionaire Nassef Sawiris seeks to invest $50 billion in the US
OCI Global and Orascom Construction announced a potential merger on Monday.
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Egypt presents ‘new economic narrative’ focused on real economy at G-24 meeting
Al-Mashat said the new narrative is a continuation of the economic reform path and aims to capitalise on advanced infrastructure.
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2026 to mark turning point for Egypt’s economy
Egypt’s economy is poised for a major shift in 2026, driven by industrial expansion, rising exports, and continued growth in tourism and telecom.
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IMF sees Egypt accelerating toward 2026 recovery as inflation eases, regional peace takes hold
Egypt’s economy is showing stronger-than-expected momentum heading into 2026.
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For the first time in Egypt, Banque Misr has partnered with Moody's to adopt the TP Catalyst Platform
The initiative is dedicated to enhancing principles of transparency and promoting exemplary governance practices.
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Egypt aims for $12 billion in FDI by 2025
The country aims to increase its foreign direct investment (FDI) flows by 20 to 30% by the end of 2025, to reach around $12 billion.
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S&P upgrades Egypt’s rating to ‘B’ as reforms drive a rebound in economic growth
According to S&P, the reforms undertaken over the past 18 months by the authorities, including the liberalization of the foreign exchange regime.
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Egypt promotes new economic model to European partners in Brussels
Egypt launches new economic development narrative in Brussels, focusing on structural transformation, private sector empowerment, and tradable sectors
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CBE launches new fund to drive transformation, competitiveness in banking sector
The Central Bank launches Banking Sector Support and Development Fund to strengthen resilience, competitiveness, and technological capacity of banks.
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Standard & Poor’s raises Egypt’s rating to ‘B’ with stable outlook
Standard & Poor's upgrades Egypt's sovereign credit rating to "B" with a stable outlook, signaling improved creditworthiness and confidence.
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Why Egypt’s $30B Remittance Fintech Market is Ripe for Disruption
Egypt's $30B remittance market faces fintech disruption as startups like Munify, Telda, and Paynas rebuild corridors and reshape financial access.
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Egypt’s annual headline inflation hits 10.3% in September
Egypt's annual inflation drops to 10.3% in September from 11.2% in August, showing continued moderation in price pressures per CAPMAS data.
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Egypt’s BoP records $2.1 bln deficit in FY24/25 despite strong remittances, tourism gains
Egypt's balance of payments swings to a $2.1B deficit in FY2024/2025 from a $9.7B surplus the previous year, per Central Bank data released Wednesday.
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Gold prices in Egypt reach record highs by mid-Wednesday
Gold prices in Egypt climb to unprecedented levels by mid-Wednesday, reaching record highs according to iSagha market data.
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International investors are increasingly eyeing Egypt’s property sector
Residential real estate affordability was the main pull for investors, ranked first by 24.2% of respondents.
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Egypt’s annual inflation falls to 10.3% in September
CAPMAS attributed the monthly uptick mainly to higher prices of vegetables, which increased by 12.2 percent, along with a 3.5 percent rise in meat.
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Faisal Islamic Bank, Remco unveil $19.2mln land sale in Nasr City
The transaction will be reviewed during the next board meeting, scheduled for October 16th, 2025.
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IFC targets SME-led job creation and capital market growth in Egypt
Kont said the IFC’s role is not to compete with banks or the private sector, but to act as a catalyst.