Top 10 Viral Headlines to Read This Weekend

Updated 8/22/2025 9:00:00 AM

Arab Finance: The third week of August ended with various economic events, topped by the Egyptian-Japanese Investment Forum, which witnessed the signing of 12 joint strategic agreements.

Here’s the list of top news of the week:

1- Egypt, Japan sign 12 investment agreements covering strategic sectors

Egypt and Japan have signed 12 agreements and letters of intent in various strategic sectors during the Egyptian-Japanese Investment Forum, held on August 18th, in Yokohama, in the presence of Prime Minister Mostafa Madbouly.

2- Egypt, UNDP, EU ink protocols for EGP 480M local development projects

Egypt’s Ministry of Local Development, in cooperation with the United Nations Development Programme (UNDP) and the European Union (EU), signed four protocols to implement local economic development projects worth EGP 480 million.

3- El-Sisi, CBE Governor discuss economic performance, USD resources

President Abdel Fattah El-Sisi met with Central Bank of Egypt (CBE) Governor Hassan Abdalla to discuss the performance of the Egyptian economy and current policy priorities.

4- EGX launches its 1st mobile app with real-time market updates

The Egyptian Exchange (EGX) has launched its first mobile application in a pilot version to enhance transparency and improve communication in the market.

5- GAFI to begin operating 4 new public free zones by end of 2026

The General Authority for Investment and Free Zones (GAFI) will begin operating four new public free zones by the end of 2026.

6- Egypt posts record EGP 629B primary surplus in FY2024/25

Egypt achieved its highest-ever primary surplus of EGP 629 billion, equal to 3.6% of GDP, in the fiscal year (FY) 2024/2025, marking an 80% increase year on year (YoY).

7- Capital Med plans EGX listing to raise up to EGP 2B in Q3

Capital Med, the medical city project in Badr City, is preparing to list a stake on the Egyptian Exchange (EGX) before the end of the third quarter (Q3) of 2025, aiming to raise as much as EGP 2 billion.

8- valU concludes 17th securitized bond issuance at EGP 460.7M

U Consume Finance (valU) has successfully closed its 17th securitized bond issuance, valued at EGP 460.7 million.

9- SCZone pens green fuel, hydrogen agreements with Japan

The General Authority for the Suez Canal Economic Zone (SCZone) signed two cooperation agreements with Japanese partners in Tokyo during the 12th session of the Egyptian-Japanese Business Council and the Egyptian-Japanese Investment Forum.

10- EGPC implements 38 energy transition projects in FY2024/25

The Egyptian General Petroleum Corporation (EGPC) announced the results of its energy transition projects across work sites, which focused on expanding renewable energy use, reducing flare gas emissions, and reusing them as value-added products.