The Central Bank of Egypt (CBE) raised its key interest rates by 100 basis points, the bank announced in a statement.
The final week of October 2026 brought several major developments across Egypt's economy, led by the government's target to raise the minimum wage from EGP 8,000 to EGP 15,000 by fiscal year (FY) 2029/2030.
The Central Bank of Egypt (CBE) raised its key interest rates by 100 basis points, the bank announced in a statement.
Everest Properties, a specialist in commercial real estate development and management, will launch two new office developments in the Fourth Sector of City Center, New Cairo.
Egypt seeks to increase its current annual airport capacity from 73 million to over 122 million passengers by 2030 as part of a strategy to enhance air transport capabilities, expand infrastructure, and modernize the fleets of national airlines.