France's Salins Group considers new project, expansion of operations in Egypt

Minister of Investment and Foreign Trade Mohamed Farid met with Benjamin Duchesne, General Manager of Marine Salt Trading Cie, a unit of Salins Group, to discuss plans to develop its operations and ex...

EGAS, Cheiron sign $42M natural gas exploration agreement in East Alexandria

Banque du Caire leads EGP 3.2B syndicated loan for Tameer’s UBL project

MNT-Halan reports EGP 836M in Q3 2026 profit after tax

CIB’s consolidated profits up 1.57% YoY in 9 months

Latest News

X-GEN signs 3 MoUs to expand robotics, drone solutions in Egypt Updated 2h53m

FRA nods to second-round subscription to Korra Energi's capital increase Updated 3h7m

CIB’s consolidated profits up 1.57% YoY in 9 months Updated 3h38m

GB Corp's Drive Finance issues EGP 1.5B in short-term bonds Updated 4h20m

France's Salins Group considers new project, expansion of operations in Egypt Updated 6h11m

EGAS, Cheiron sign $42M natural gas exploration agreement in East Alexandria Updated 7h11m

Banque du Caire leads EGP 3.2B syndicated loan for Tameer’s UBL project Updated 7h49m

Alcazar Energy Partners mobilizes over $1B in investment for Egypt’s energy security Updated 11/9/2026 1:08:00 PM

Egypt's annual core inflation slows to 13.1% in October: CBE Updated 11/9/2026 12:32:00 PM

SAIB raises returns on Prime variable-rate savings certificate by 1% Updated 11/9/2026 10:22:00 AM

Macroeconomy

EGX sees bullish performance in Monday’s trading session

The Egyptian Exchange (EGX) ended Monday’s trading session in the green zone, as the EGX30 index rose by 1.19% to 51,414.93 points.

Gold prices in Egypt jump amid global rally on lower oil prices

Egypt's annual core inflation slows to 13.1% in October: CBE

Madbouly orders urgent settlement of dues to petroleum, electricity ministries; reviews IPO program

Finance and Banking

Act Financial swings to losses in first 9 months of 2026

Act Financial turned to a loss in the first nine months of 2026, incurring consolidated net losses attributable to the parent company of EGP 396.611 million.

CIB’s consolidated profits up 1.57% YoY in 9 months

HD Bank’s consolidated profit grows 12.4% YoY in 9 months

TSFE's sub-fund acquires Misr Insurance, Misr Life Insurance stakes in MIDBANK

Real Estate and Tourism

Madinet Masr's consolidated net profits fall 22.9% YoY in 9 months

Madinet Masr reported a 22.9% year-on-year (YoY) decline in consolidated net profit after tax and minority interest of EGP 1.812 billion for the first nine months of 2026, down from EGP 2.350 billion in the same period a year earlier.

Islamic Gharbia sees 260.82% YoY profit leap in 9 months

Banque du Caire leads EGP 3.2B syndicated loan for Tameer’s UBL project

VIE Communities launches VIE HALO with EGP 50B investments

Automotive and Transportation

Evergreen resumes Suez Canal transits after nearly 3-year hiatus

Evergreen resumed its shipping services across the Suez Canal following a nearly three-year hiatus amid the Red Sea crisis, Osama Rabie, Chairman of the Suez Canal Authority (SCA), announced.