The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) kept its overnight deposit and lending rates at 19% and 20%, respectively, after assessing recent inflation trends, forecasts, and ris...
The fourth week of September 2026 brought a series of key developments across Egypt’s economy. An assessment by the International Monetary Fund (IMF) found that stronger macroeconomic buffers and a swift policy response helped Egypt contain the economic fallout from the war in the Middle East, although significant vulnerabilities continue to weigh on the economy.
UAE-based brokerage EFG Hermes UAE LLC has introduced digital onboarding for Dubai Financial Market (DFM) investors through its EFG Hermes ONE app. Users can obtain a DFM investor number and open a trading account on their phones without visiting a branch or submitting paperwork, as per an emailed press release.
Creast Mark for Contracting and Real Estate Development recorded a block-trading deal valued at EGP 57.858 million
Egyptian Prime Minister Mostafa Madbouly proposed exploring an Austrian logistics zone within the Suez Canal Economic Zone (SCZONE) to serve as a gateway for Austrian exports to Arab and African markets.
