The Central Bank of Egypt (CBE) said all banks operating in the country will be closed on Thursday, July 23rd, to mark the anniversary of the 23 July Revolution.
The second week of July closed with notable economic developments, led by the SCZONE reporting total revenues of EGP 15.9 billion for fiscal year (FY) 2025/2026, exceeding its budget projection of EGP 10.5 billion by 51%.
The Central Bank of Egypt (CBE) said all banks operating in the country will be closed on Thursday, July 23rd, to mark the anniversary of the 23 July Revolution.
Orascom Development Egypt announced that one of its subsidiaries has signed a 10-year syndicated loan agreement worth EGP 18 billion with the National Bank of Egypt (NBE), Banque Misr, and Commercial International Bank (CIB) to support the development of its O West project in 6th of October City, west of Cairo.
Mylerz Egypt, an integrated e-commerce last-mile delivery and fulfillment company, has raised more than EGP 100 million in new debt and equity funding from its existing shareholders to support its expansion in the Egyptian market.
