Top 10 Must-Read Stories for This Weekend

Updated 9/19/2025 9:00:00 AM

Arab Finance: The third week of September closed with notable economic updates, as the International Monetary Fund (IMF) confirmed it would combine and finalize the fifth and sixth reviews of Egypt’s Extended Fund Facility (EFF) program this fall. Meanwhile, the government signaled that fuel prices are set to rise in October, a move expected to mark the last actual increase if current market trends persist.

The top 10 viral news stories of the week, from September 14th to 18th, are as follows:

1-IMF’s mission to wrap up Egypt’s 5th, 6th EFF reviews this fall

The International Monetary Fund (IMF) will combine and complete the fifth and sixth reviews of Egypt’s Extended Fund Facility (EFF) program this fall.

2-Fuel pricing reform on track, last actual hike expected in October: Madbouly

Fuel prices are expected to increase next October, which is likely to be the last actual hike if current price trends continue

3-CBE likely to slash deposit rates by 200 bps in Q4 2025: Fitch

BMI, a Fitch Solutions Company, expects the Central Bank of Egypt (CBE) to cut its deposit rates by 200 basis points (bps) in the fourth quarter (Q4) of 2025, due to declining inflation.

4-Egypt plans to boost green investments to EGP 637B in FY2025/26

The government aims to increase investments directed towards green projects to nearly EGP 637 billion, equivalent to 55% of total public investments, under the Economic and Social Development Plan for fiscal year (FY) 2025/2026.

5-Egypt imposes temporary safeguard tariffs on steel products

Minister of Investment and Foreign Trade Hassan El-Khatib issued three ministerial decisions imposing temporary safeguard tariffs on certain steel products, effective from September 14^th.

6-Public Prosecution, Finance Ministry hand over 200kg of gold bullion to CBE

Public Prosecutor Mohamed Shawky announced cooperation with the Ministry of Finance in delivering 200 kilograms of gold bullion to the Central Bank of Egypt (CBE) as a fixed reserve asset.

7-Energean unveils further 3T cubic feet of natural gas in Egypt

Energean Mediterranean's estimations indicate that there is an additional 3 trillion cubic feet of gas under its existing platforms in Egypt.

8-EGPC signs 3 oil exploration agreements with upstream IOCs

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of three new petroleum agreements between the Egyptian General Petroleum Corporation (EGPC) and several major international oil companies (IOCs).

9-El-Sisi explores tripartite cooperation with China’s Sungrow, Norway’s Scatec

President Abdel Fattah El-Sisi reviewed opportunities for tripartite cooperation between Egypt, Norwegian Company Scatec, and Chinese Group Sungro.

10-Bonyan concludes EGP 250M capital raise

Bonyan for Development and Trade, Egypt’s leading independent real estate platform, has completed a capital increase of EGP 250 million, bringing its paid-in capital to EGP 1.704 billion.