Egypt accounted for 48% of Africa’s outstanding sukuk as of August 2026, leading a continental market valued at more than $7 billion, according to a report by Fitch Ratings.
Riyadh-based precious metals company Saudi Gold Refinery Co. has applied for gold exploration licenses in Egypt’s Eastern Desert and aims to begin production before 2030.
All banks in Egypt will be off on Thursday, August 27, on the occasion of Prophet Muhammad’s Birthday holiday.
Elsaeed Contracting and Real Estate Investment Company recorded a 43.60% lower consolidated net profit of EGP 52.714 million in the first half (H1) of 2026.
French shipping and logistics group CMA CGM plans to increase the number of vessels and shipping services operating through the Suez Canal as more of its fleet returns to the waterway.
