Weekly Rundown of Top 10 Trending Headlines

Updated 7/11/2025 9:00:00 AM

Arab Finance: From CAPMAS announcing Egypt’s annual headline inflation for June to the Central Bank of Egypt reporting a rise in net international reserves (NIR) at the end of June 2025, the past week has seen a series of notable economic developments.

The following are snippets of the top news stories posted from July 6th to 10th.

1-Egypt’s annual headline inflation records 14.4% in June: CAPMAS

Egypt's annual headline inflation recorded 14.4% in June, versus 16.5% in May.

2-Egypt’s net foreign reserves up to $48.7B in June: CBE

Egypt’s net international reserves (NIR) jumped to $48.700 billion at the end of June 2025, the Central Bank of Egypt (CBE).

3-Net foreign assets of Egypt's banking system hit $14.7B in May

Net foreign assets (NFAs) of the Egyptian banking system increased by $1.2 billion to $14.7 billion at the end of May 2025.

4-Cabinet assigns TSFE to study use of 15 vacant buildings

The Egyptian cabinet has mandated the Sovereign Fund of Egypt (TSFE) to study the transfer of ownership of 15 unoccupied buildings, with the goal of preparing them for utilization and future investment offerings.

5-Madbouly reviews mechanisms for new old rent law implementation

Prime Minister Mostafa Madbouly held a meeting to review proposed mechanisms for implementing the new rules regulating the old rent law.

6-Cairo International Airport welcomes 2.39M passengers in June

Cairo International Airport welcomed 2.390 million passengers on 17,919 flights during June 2025.

7-House of Representatives greenlights Centamin's 30-year Sukari gold mine exploitation

The Egyptian House of Representatives has finally approved the draft law on the exploitation of gold ore and related minerals in the Sukari gold mine.

8-Telecom Egypt restores services after Ramses Central fire

Telecom Egypt announced that services affected by a fire at the Ramses Central in downtown Cairo have been restored after operations were transferred to alternative exchanges.

9-Bonyan opens EGX’s 1st full IPO of 2025 on July 6th

Bonyan for Investment and Development begins trading on the Egyptian Exchange (EGX) Sunday, July 6th, in what is currently the market’s first full initial public offering (IPO) of the year.

10-CIB inks EGP 963M financing deal with OSL for Giza Pyramids Sound and light project

Commercial International Bank (CIB) has signed a medium-term financing agreement worth EGP 963 million with OSL Entertainment Projects, a subsidiary of Orascom Investment Holding, to support the development of the sound and light shows and viewing facilities at the Giza Pyramids.