Remittances from Egyptians working abroad reached approximately $29.7 billion in the first seven months of 2026, as per data issued by the Central Bank of Egypt (CBE).
Minister of Investment and Foreign Trade Mohamed Farid Saleh met with French Ambassador to Egypt Eric Chevallier to explore opportunities for expanding French investment in Egypt and advance preparations for an upcoming Egyptian investment forum in France, as per a statement.
Egyptian Gulf Bank (EG Bank) has entered a strategic partnership with Azimut Investments – Egypt to strengthen its wealth management offering and expand the range of investment solutions available to its clients
Gulf Egypt Hotels & Tourism, a subsidiary of Kuwait-based real estate firm United Real Estate Company (URC), has signed a protocol agreement with the Armed Forces Engineering Authority to begin developing a mixed-use destination in Heliopolis, as per an emailed press release.
The Financial Regulatory Authority (FRA) has granted Africa Global Logistics (AGL) an additional 60 working days to submit a mandatory tender offer (MTO) for shares in the Egyptian Transport and Commercial Services Company (EGYTRANS), as per a disclosure.
