CBE holds key interest rates steady for 5th consecutive MPC meeting

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) kept its overnight deposit and lending rates at 19% and 20%, respectively, after assessing recent inflation trends, forecasts, and ris...

Fitch sees limited credit rating impact on Banque Misr's UAE branches from proposed US restrictions

NIB settles 90% of government obligations worth EGP 298.8B

Egypt, Eni discuss accelerating Denise gas field development

Egypt steel prices rise as billet duties pressure rolling mills

Latest News

EFG Hermes UAE launches digital account opening for DFM investors Updated 0h31m

BYD, ManDream and valU offer financing deal on three models in Egypt Updated 0h34m

Fitch sees limited credit rating impact on Banque Misr's UAE branches from proposed US restrictions Updated 0h35m

NIB settles 90% of government obligations worth EGP 298.8B Updated 0h35m

CBE holds key interest rates steady for 5th consecutive MPC meeting Updated 0h45m

EBRD forecasts Egypt’s economic growth at 4.6% in 2026 Updated 4h36m

valU, noon Minutes join forces to offer flexible payments in Egypt Updated 6h39m

Egypt steel prices rise as billet duties pressure rolling mills Updated 6h43m

Gold prices edge lower in Egypt as global bullion retreats Updated 7h25m

SCZONE targets more Norwegian investment in industrial, maritime sectors Updated 10h34m

Macroeconomy

CBE holds key interest rates steady for 5th consecutive MPC meeting

EBRD forecasts Egypt’s economic growth at 4.6% in 2026

Gold prices edge lower in Egypt as global bullion retreats

Egypt’s government debt rises to 79.7% of GDP in Q2 2026: IIF

Finance and Banking

EFG Hermes UAE launches digital account opening for DFM investors

UAE-based brokerage EFG Hermes UAE LLC has introduced digital onboarding for Dubai Financial Market (DFM) investors through its EFG Hermes ONE app. Users can obtain a DFM investor number and open a trading account on their phones without visiting a branch or submitting paperwork, as per an emailed press release.

BYD, ManDream and valU offer financing deal on three models in Egypt

Fitch sees limited credit rating impact on Banque Misr's UAE branches from proposed US restrictions

NIB settles 90% of government obligations worth EGP 298.8B

Real Estate and Tourism

Creast Mark for Contracting sees EGP 57.8M block-trading deal

Creast Mark for Contracting and Real Estate Development recorded a block-trading deal valued at EGP 57.858 million

Madinet Masr, Zahraa Maadi terminate EGP 11.4B New Heliopolis project agreement

Egypt leads Africa’s hotel development pipeline for 9th straight year

Madinet Masr launches Doors Real Estate after EGP 122B in sales since 2024

Automotive and Transportation

Egypt proposes Austrian logistics zone in SCZONE

Egyptian Prime Minister Mostafa Madbouly proposed exploring an Austrian logistics zone within the Suez Canal Economic Zone (SCZONE) to serve as a gateway for Austrian exports to Arab and African markets.