Egypt’s real gross domestic product (GDP) is forecast to grow 4.3% in fiscal year (FY) 2026/2027, easing from an estimated 5.1% growth in FY2025/2026, according to the World Bank’s October 2026 Macro ...
Gold prices recorded a collective rise on Tuesday, October 6, with the 21-karat gold hitting EGP 6,174.26 for buying and EGP 6,094.44 for selling.
The Egyptian Exchange (EGX) Listing Committee has approved the increase of the authorized capital of Export Development Bank of Egypt (EBank) from EGP 20 billion to EGP 40 billion, according to a statement.
The Tourism Development Authority (TDA) has issued 16 final land allocation decrees covering more than one million square meters in the South Magawish Tourism Center, south of Hurghada in the Red Sea Governorate, for integrated hotel, service, and leisure projects, as per a statement.
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.
