CBE cuts key interest rates by 100 bps

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) has cut its key policy rates by 100 basis points (bps), based on its assessment of current inflation dynamics and the outlook sin...

Egypt, Italy mull deepening oil, gas cooperation ahead of EGYPES 2026

SCZONE signs $2M agrochemicals project in Ain Sokhna

Egypt unveils new oil, gas discoveries in Western Desert

SCOZNE, Al-Atta Group to develop $11M food, mining project in Ain Sokhna

Latest News

CBE cuts key interest rates by 100 bps Updated 19h41m

Gold prices jump on Thursday due to lower USD/EGP exchange rates Updated 21h57m

EGX ends Thursday’s session in green zone Updated 22h14m

Mastercard, NBE bring UEFA Champions League trophy to Cairo Updated 22h31m

UAE stock markets wrap up Thursday's trading session in green Updated 22h31m

Bahrain All Share Index sheds 0.08% on Thursday's trading session Updated 22h39m

Boursa Kuwait ends with mixed results on Thursday’s session Updated 22h45m

Silver prices in Egypt retreat on Thursday Updated 22h53m

USD trades near EGP 46.8 at Egyptian banks on Thursday Updated 23h5m

Egypt in talks with Eni to double crude production, advance Cyprus gas tie-in Updated 23h26m

Macroeconomy

Weekly Roundup: Top 10 Stories From February’s 2nd Week

Egypt witnessed key development events in the second week of February, topped by the cabinet reshuffle under presidential decree No. 75 of 2026.

CBE cuts key interest rates by 100 bps

Gold prices jump on Thursday due to lower USD/EGP exchange rates

EGX ends Thursday’s session in green zone

Finance and Banking

Mastercard, NBE bring UEFA Champions League trophy to Cairo

Mastercard and the National Bank of Egypt (NBE) have brought the UEFA Champions League trophy to Egypt, marking a promotional milestone tied to their co-branded credit card partnership and offering local fans a rare chance to see European club football’s top prize up close.

USD trades near EGP 46.8 at Egyptian banks on Thursday

Suez Canal Bank posts 13% YoY higher profits in 2025

Arab Moltaqa Investments’ 2025 consolidated profits leap 89.27%

Real Estate and Tourism

Orascom Construction’s consolidated profits leap 65.3% in 2025

Net profits attributable to shareholders of Orascom Construction hiked by 65.3% to $195 million in 2025 from $118 million in 2024.

PRE Group sees EGP 42.07M block-trading deal

Madinet Masr signs EGP 4.8B MoU with Al Shorouk Construction for Elan at Sarai

Egypt inks EGP 50B deals for IL Monte Galala towers, marina in Ain Sokhna

Automotive and Transportation

Egytrans, eCom Afrika partner to support Egypt-Africa SME trade

The African e-commerce platform eCom Afrika has signed a strategic memorandum of cooperation with logistics provider Egytrans Logistics Solutions, a member of the Egytrans NOSGO Group.