Egypt’s overall budget deficit narrows to 5.3% of GDP in first 10 months of FY2025/26

Egypt's overall budget deficit recorded 5.3% of gross domestic product (GDP) during the first 10 months of fiscal year (FY) 2025/2026, down from 6.2% during the July 2024-April 2025 period, according ...

Egypt’s manufacturing, extractive industries index rises 6.6% in March: CAPMAS

Egypt drafts national strategy to regulate data centers, boost digital services

Madbouly reviews amendments to Universal Health Insurance Law ahead of 2nd phase expansion

FABMISR generates EGP 6.5B net profits in Q1 2026

Latest News

Egypt adds technology services to export development program under ITIDA-Export Fund deal Updated 1h14m

Madbouly reviews amendments to Universal Health Insurance Law ahead of 2nd phase expansion Updated 5h25m

Egypt drafts national strategy to regulate data centers, boost digital services Updated 5h52m

Egypt’s manufacturing, extractive industries index rises 6.6% in March: CAPMAS Updated 6h9m

Egypt’s overall budget deficit narrows to 5.3% of GDP in first 10 months of FY2025/26 Updated 6h46m

Badawi unveils exceptional Egypt Mining Forum edition in September Updated 5/24/2026 12:34:00 PM

MRMIA signs agreement for Egypt’s 1st aerial mineral survey in 42 years Updated 5/24/2026 12:00:00 PM

TMG Holding, PIF-backed Sela to launch entertainment platform to boost Egypt’s tourism Updated 5/24/2026 9:45:00 AM

FRA grants 8 companies license to operate in non-banking financial activities Updated 5/24/2026 9:19:00 AM

Hashem, CCIFE discuss attracting more French industrial projects in Egypt Updated 5/24/2026 9:05:00 AM

Macroeconomy

Egypt’s overall budget deficit narrows to 5.3% of GDP in first 10 months of FY2025/26

Silver prices quite unchanged on May 24th

Gold prices hold steady on May 24th; international ounce hits $4,510

EGX shows positive performance on Sunday

Finance and Banking

Mohandes Insurance’s net profits shrink 7.4% in 2025

The net profits after tax and non-controlling interest of Mohandes Insurance fell by 7.4% to EGP 377.703 million in 2025 from EGP 408.016 million in 2024.

FABMISR generates EGP 6.5B net profits in Q1 2026

Beltone Financial Holding posts EGP 694.5M in Q1 2026 consolidated profits

USD/EGP exchange rates remain above EGP 52 on May 24th

Real Estate and Tourism

Islamic Gharbia’s Q1 2026 net profits hike 212.6% YoY

Islamic Gharbia Company for Developed Buildings registered 212.67% year-on-year (YoY) higher net profits after tax at EGP 5.787 million in the first quarter (Q1) of 2026

Utopia’s net profits skyrocket 516.8% YoY in Q1 2026

Creast Mark for Contracting witnesses 52.1% YoY lower profits in Q1 2026

Bonyan sees EGP 338.5M block-trading deal on EGX

Automotive and Transportation

Mawani links Saudi Arabia, Egypt, Jordan via Red Sea Express container service

The Saudi Ports Authority (Mawani), in partnership with Folk Maritime and SABIC, has launched the new Red Sea Express container shipping service to King Fahd Industrial Port to boost logistics connectivity.