Arab Finance Interview with Gilbert Hobeika, CEO of Modern Bakeries Egypt - Rich Bake
The annual core consumer price index (CPI) inflation recorded 14.1% in September 2026, compared with 14.9% in August 2026, according to data issued by the Central Bank of Egypt (CBE).
The USD climbed on Sunday at local banks, hitting EGP 52.53 for buying and EGP 52.63 for selling at the National Bank of Egypt (NBE) and Banque Misr.
Emaar Misr for Development’s board has unanimously approved appointing BDO Keys Financial Consulting S.A.E. to set the fair value of the company’s and Sky Tower for Real Estate Development's shares and determine the swap ratio between the two companies for Emaar Misr's planned acquisition of the remaining 75% of Sky Tower.
Egypt’s industrial policy, logistics development, and strategic location are expected to support steady growth in trade volumes and strengthen its role as a regional hub for trade, manufacturing, and logistics, according to a Fitch assessment summarized by the Cabinet Media Center.