The International Monetary Fund (IMF) has raised its forecast for Egypt’s real gross domestic product (GDP) growth in fiscal year (FY) 2025/2026 to 4.7% from 4.5% projected in October.
Gold prices in Egypt are relatively stable on Monday, according to Dahab Mast’s data at 3:52 pm.
The US dollar traded at EGP 47.36 for buying and EGP 47.46 for selling at Banque Misr and the National Bank of Egypt (NBE) on Monday.
Real estate developer Madinet Masr reported a record performance in 2025, posting its highest new sales value in the company’s history at EGP 52.1 billion.
Maersk returned to the trans-Suez route for the MECL service, following improved stability in the Red Sea.