Egypt has made significant progress in its economic reform and stability program despite a challenging external environment, said Taline Koranchelian, the International Monetary Fund (IMF) Deputy Dire...
The second week of October saw several notable economic developments, led by Egypt’s balance of payments (BoP), which recorded an overall surplus of $2.8 billion in fiscal year (FY) 2025/2026.
B Investments Holding (BINV) OGM approved waiving the company’s preemptive subscription rights in a capital increase by its subsidiary, B-Ventures for Studies and Technical Services, according to a disclosure to the Egyptian Exchange (EGX).
Ayman Abbas, CEO of Intro Holding Group, has acquired a 10% stake in the Aqar Exit platform, bringing its valuation to EGP 100 million ($2 million), Founder and Chairman Mahmoud Ammar told Al Arabiya Business.
Automotive sales in Egypt increased by 25.76% to 135,445 vehicles during the first eight months of 2026, compared to 107,710 units in January-August 2025, according to the latest report from the Automotive Market Information Council (AMIC).
