}

Egypt's Simplex inaugurates $50M CNC manufacturing plant

Egyptian tech startup Simplex, which specializes in the assembly and manufacturing of Computer Numerical Control (CNC) machinery, has inaugurated a new industrial expansion in 10th of Ramadan City.

SODIC posts EGP 834.2M in H1 2026 consolidated profit

Sixth of October Development and Investment Company (SODIC) reported a 35.72% year-on-year (YoY) plunge in consolidated net profits attributable to the parent company during the first half (H1) of 2026 to EGP 834.247 million from EGP 1.298 billion.

What is your expectation for the US Federal Reserves next meeting to revise interest rates?