}

CBE, EIB discuss strengthening cooperation on sustainable finance

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), met with Gelsomina Vigliotti, Vice President of the European Investment Bank (EIB), to discuss expanding bilateral cooperation and future partnership plans

SODIC posts EGP 1.28B consolidated profits in 9 months

Sixth of October Development and Investment Company (SODIC) recorded EGP 1.286 billion in consolidated net profits attributable to the parent company for the first nine months of 2026, according to the financial results.

Egypt eyes 122M airport passengers annually by 2030

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.

What is the fair exchange rate for the Egyptian pound?