From the European Commission’s decision to impose temporary 15.6% anti-dumping duties on Egyptian steel imports to Egypt’s primary surplus surging to EGP 170 billion in the first five months of the current fiscal year, the past week has been marked by key economic developments.

From the Egyptian president's review of the fiscal year (FY) 2025/2026 draft budget to the country's recently reported inflation rate for February 2025, the five working days that ended on March 13th have been dominated by interesting news headlines that should not be missed.

The five working days ended on March 6th saw significant developments across Egypt's economy. The non-oil private sector showed further improvement in February, signaling continued recovery. Meanwhile, the Ministry of Petroleum and Mineral Resources announced new investment opportunities, offering seven undeveloped fields in the Mediterranean Sea and six exploratory areas in the Gulf of Suez and the Western Desert.

The last week of February, ahead of Ramdan, concluded with strategic deals and announcements.

The third week of February concluded with major events, including the Egypt Energy Show (EGYPES 2025)

The Egyptian economy witnessed major events during the second week of February, topped by the Financial Regulatory Authority’s (FRA) new investment rules for insurance and reinsurance companies

The first week of February ended with a variety of key economic stories, led by the announcement of the World Bank regarding the second phase of Egypt’s budget support program and the CBE's approval to mortgage interest rates for income brackets.

The five working days ending on January 30th have been filled with significant news, from amendments to certain provisions of the Unified Tax Procedures Law to Fitch Solutions’ BMI projection that Egypt's real household spending could grow by 3.1% year-on-year (YoY) in 2025. Here is a weekly wrap-up of the most important news stories from January 26th onward.

From the introduction of Wi-Fi calling services for the first time in the Egyptian market to the Financial Regulatory Authority's (FRA) announcement of revised minimum capital requirements for local insurance companies.

From the government announcing the release of goods worth over $79 billion in one year to Egyptian non-oil merchandise exports increasing by 14% to $40.8 billion in 2024, the five working days that ended on January 16th have dominated news headlines that should not be missed.

The five-day period ended January 9th, 2025, saw some major news, topped by annual headline inflation hitting 23.4% in December 2024 and net international reserves (NIR) reaching $47.109 billion in the same month.

Egypt ended 2024 with key decisions, led by the CBE’s renewal of free InstaPay transfers

The Egyptian economic sector witnessed significant highlights during the fourth week of December 2024, led by finalizing a staff-level agreement with the IMF and announcing a $7.5 billion green hydrogen project by SCZone.

The third week of December 2024 ended with key events, topped by Mastercard Economics Institute's positive outlook for Egypt’s economy in 2025

During the second week of December 2024, Egypt witnessed significant announcements, led by the United Bank’s listing on EGX and the recent increases in home internet service prices. The following is a rundown of the top 10 news stories that shaped the week:

From the Egyptian government's upcoming IPO plan for companies affiliated with the Armed Forces to the continued challenges facing the non-oil private sector in November, this week has been marked by significant developments in both the financial and economic sectors.

From the Financial Regulatory Authority (FRA) announcing a decision regulating the issuance and distribution of new standard insurance policies electronically to the remittances from Egyptians working abroad jumping 43% year on year in the first nine months of this year, the five working days ended on November 28th have been dominated by interesting news headlines that should not be missed.

The five working days, which ended on November 21st, have been dynamic with a flurry of major news, from the conclusion of the International Monetary Fund's (IMF) mission to Egypt for the fourth review of the country's Extended Fund Facility (EFF) to the introduction of a new service by the Central Bank of Egypt (CBE) that will allow money transfers from Saudi Arabia and the Gulf to Egypt via Instapay.

The second week of November has been laden with compelling news headlines in Egypt, from the state awarding four oil and gas exploration blocks to international companies as part of the latest bid round to the Ministry of Electricity setting tariffs for solar energy produced and stored with battery systems.

The first week of November has been packed with newsworthy events, from Fitch upgrading Egypt's rating to 'B' to the CBE announcing the country’s net international reserves (NIR).