Egypt’s balance of payments (BoP) recorded an overall surplus of $2.8 billion in fiscal year (FY) 2025/2026, according to official data released by the Central Bank of Egypt (CBE).
Gold prices declined on Monday, October 12, as the international ounce hit $4,165.4 for buying and $4.164.9 for selling.
The retail tranche of MNT-Halan’s initial public offering (IPO) attracted orders for approximately 128.81 million shares on its third day, covering the 48 million shares available to individual investors about 2.68 times.
Prime Minister Mostafa Madbouly witnessed the signing of EGP 10 billion financing agreements between Banque Misr and Founders Real Estate, a subsidiary of Hyde Park Developments, according to a statement.
Egypt-based electric vehicle (EV) charging brand Electra is considering manufacturing chargers locally next year and aims to establish 50 charging stations annually over the next five years.
