Arab Finance: The second week of November brought several notable economic developments. Egypt’s Ministry of Investment and Foreign Trade decided to ban the import of refined sugar for commercial purposes for three months, while the country’s net international reserves (NIR) reached $50.071 billion at the end of October 2025.
Here’s the full list of the top 10 stories to follow this week:
1-Egypt bans import of refined sugar for 3 months
Egypt’s Ministry of Investment and Foreign Trade decided to ban the import of refined sugar for commercial purposes for three months.
2-Egypt’s NIR exceeds $50B end-October: CBE
The net international reserves (NIR) of Egypt amounted to $50.071 billion at the end of October 2025.
3-Suez Canal sees transit of 1st giant container ship in 2 years
The Suez Canal witnessed the transit of the container ship CMA CGM Benjamin Franklin as part of the north convoy, coming from the UK and heading to Malaysia.
4-Egypt exports LNG shipment to Greece from Idku terminal under Shell deal
Egypt has exported a new shipment of liquefied natural gas (LNG) from Idku liquefaction and export complex to Greece.
5-Egypt’s annual core inflation up to 12.1% in October: CBE
Egypt’s annual core consumer price index (CPI) inflation recorded 12.1% in October 2025, lower than 11.3% last September.
6-Egypt-Gulf countries trade exchange hits $14B in 2024: El-Khatib
The volume of trade between Egypt and the Gulf countries reached nearly $14 billion in 2024, compared to $9 billion in 2020.
7-IMF delegation to visit Cairo within weeks for 5th, 6th EFF reviews
A mission from the International Monetary Fund (IMF) will visit Cairo within weeks for the fifth and sixth reviews of $8 billion Egypt's Extended Fund Facility (EFF) program.
8-Japanese companies outline investment, expansion plans in Egypt
Several Japanese companies reviewed their current investments and expansion plans in Egypt during the fifth edition of the Egyptian-Japanese Joint Committee for Investment.
9-Infinity Power obtains $372M refinancing facility from Absa
Infinity Power has secured a $372 million refinancing facility from Absa Corporate and Investment Banking, a part of Absa Group.
10-valU, El Kasrawy Group partner to expand car financing solutions through valU Shift
valU, a financial technology company in the MENA region, entered a strategic partnership with El Kasrawy Group, one of Egypt’s major automotive groups and the exclusive agent for Jetour, JAC, and Citroën vehicles, to offer a range of car financing options through valU Shift, its car financing product.
11-Standard Bank officially inaugurates representative office in Egypt
Standard Bank Group officially launched its representative office in Egypt during an event held at the Pyramids of Giza in Cairo.