Arab Finance Interview with Tarek Assaad, Managing Partner of Algebra Ventures
Egypt’s latest spending-rationalization measures have reignited discussions over the role of fiscal policy in addressing the country’s mounting economic challenges. As the government seeks to contain debt, ease pressure on foreign-currency resources, and improve the efficiency of public spending, policymakers are increasingly focused on how limited resources can be allocated to maximize economic returns.
Valu has partnered with maritime services provider Felix Maritime to offer customers in Egypt financing for vessel operating expenses and other purchases, with options covering both smaller payments and higher-value transactions, as per an emailed press release.
Bonyan Real Estate Investment reported a 46.8% year-on-year (YoY) growth in total revenue for the first nine months of 2026, as per the company’s earnings release.
Prime Minister Mostafa Madbouly issued a decree transferring full ownership of the shares of two maritime companies from the Holding Company for Maritime and Land Transport to the Suez Canal Authority (SCA), as published in the Official Gazette.