Egypt’s trade deficit rose 58.5% year on year (YoY) to $7.5 billion in June 2026, up from $4.7 billion in the same month of 2025.
The Egyptian Exchange (EGX)closed Tuesday’s trading session in the red zone, with the EGX30 index down 0.80% to 56,174.3 points
The USD traded at EGP 50.98 for buying and EGP 51.08 for selling at the Commercial International Bank (CIB) on Tuesday, September 8.
The Cityscape 2026 Summit opened at The St. Regis Cairo in the New Capital, convening government officials, investors, developers, and industry experts to examine the forces shaping Egypt’s real estate market and its investment prospects.
General Motors Egypt and Africa announced the appointment of Rohan Fernandes as chairman and managing director of GM Egypt and Africa, according to an emailed press release.