Arab Finance Interview with Medea Nocentini, Founder of Companies Creating Change (C3) and Senior Partner at Global Ventures
Egypt’s unemployment rate stood at 5.8% in the second quarter (Q2) of 2026, down 0.2 percentage points from the previous quarter, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).
Egypt’s investment fund boom is a watershed moment for the country’s financial landscape. Regulatory reforms, digital onboarding, and product diversification are funneling household savings into non?banking instruments on an unprecedented scale.
Egypt’s state-owned Holding Company for Tourism and Hotels (HOTAC) and its subsidiaries are targeting consolidated revenues of EGP 9.4 billion and a net profit of EGP 5.5 billion during the current fiscal year (FY) 2026/2027.
Modon Misr and Mwasalat Misr signed an investment and shareholders’ agreement to establish Mwasalat Modon Misr, a company that will operate smart and sustainable transportation systems across Egypt’s new urban cities.
