The European Bank for Reconstruction and Development (EBRD) expects Egypt’s economy to grow by 4.6% in 2026 and 5% in 2027, according to its latest Regional Economic Prospects report.
Updated 9/24/2026 1:53:00 PMThe fourth week of September 2026 brought a series of key developments across Egypt’s economy. An assessment by the International Monetary Fund (IMF) found that stronger macroeconomic buffers and a swift policy response helped Egypt contain the economic fallout from the war in the Middle East, although significant vulnerabilities continue to weigh on the economy.
Updated 9/24/2026 11:36:00 AMThe European Bank for Reconstruction and Development (EBRD) has approved an equity investment of up to $32.1 million in RWD Investments BV, a water infrastructure platform wholly owned by Egypt-based utilities company Hassan Allam Utilities (HAU).
Updated 9/23/2026 11:45:00 AMEFG Holding secured a four-year term loan valued at $40 million from the European Bank for Reconstruction and Development (EBRD), according to an emailed press release.
Updated 9/22/2026 3:14:00 PMEgypt-based digital payments company octo has joined the European Bank for Reconstruction and Development’s (EBRD) Star Venture program, gaining access to specialized advisory services and international expertise to advance its growth and expansion plans, as per a press release.
Updated 9/21/2026 11:19:00 AMCairo-based Payments infrastructure provider Paymob has raised $35 million in a pre-Series C funding round to expand its digital payment acceptance business across the Middle East and North Africa (MENA) and introduce new products for small and medium-sized enterprise (SME) merchants and agentic commerce, as per an emailed press release.
Updated 9/21/2026 8:27:00 AMU Consumer Finance (Valu) has completed its first-ever corporate bond issuance, with a total value of EGP 1 billion.
Updated 8/18/2026 7:21:00 AMThe European Bank for Reconstruction and Development (EBRD) is considering senior debt financing of up to $192 million for the construction and operation of the 900-megawatt Shadwan Wind power plant in Egypt.
Updated 8/16/2026 11:31:00 AMEgypt's Cabinet approved proceeding with contracting procedures with Elsewedy Electric to establish a manufacturing project for all types of electrical wiring harnesses and their components on a 22.6-feddan plot in the Manshaat Kamal area of Fayoum Governorate.
Updated 7/16/2026 2:43:00 PMCEO of the General Authority for Investment and Free Zones (GAFI) Mohamed Awad held talks with a delegation from the European Bank for Reconstruction and Development (EBRD) to discuss mechanisms for activating the memorandum of understanding (MoU) signed in 2025 to promote investment opportunities, attract further direct foreign investment (FDI), and back the private sector.
Updated 6/30/2026 10:50:00 AMUlter by Valu has entered into a strategic partnership with Red Sea Sails to enable access to sailing education, yacht ownership, and marine services through flexible financing solutions
Updated 6/24/2026 11:36:00 AMThe European Investment Bank (EIB) is considering financing two renewable energy projects in Egypt with a combined generation capacity of approximately 1.6 gigawatts (GW).
Updated 6/21/2026 9:21:00 AMRowad Modern Engineering, a subsidiary of Elsewedy Electric’s (SWDY), has signed, as part of an Alstom-led consortium, an agreement with the Egyptian National Railways to execute a series of railway and logistics infrastructure projects across Egypt.
Updated 6/17/2026 3:06:00 PMThe European Bank for Reconstruction and Development (EBRD) has provided an EGP 600 million loan to Valu to support Egypt's green transition by expanding access to energy-efficient and renewable energy products.
Updated 6/16/2026 12:32:00 PMMajor economic developments occurred in the second week of June 2026, led by the Ministry of Petroleum's announcement that Egypt has reached zero dues after settling all outstanding arrears owed to oil and gas investment partners.
Updated 6/11/2026 12:05:00 PMThe European Bank for Reconstruction and Development (EBRD) aims to provide €7.5 billion in financing to the Egyptian market over the next five years, Mai Ismail, Associate Director at EBRD, told Asharq Business.
Updated 6/11/2026 8:19:00 AMThe first week of May brought additional reassurance for Egypt’s economy, as the Egyptian Tax Authority (ETA) confirmed that the tax amendments currently under discussion in Parliament concerning the scheduled tax on natural gas will not result in any increase in household natural gas prices or place any additional financial burden on consumers.
Updated 6/4/2026 11:24:00 AMThe European Bank for Reconstruction and Development (EBRD) has revised its forecasts for Egypt's economic growth, projecting the economy will fall to 4.9% in both 2026 and 2027, from 5.1% in 2025.
Updated 6/4/2026 9:49:00 AMMinapharm Pharmaceuticals announced a cash dividend distribution valued at EGP 29.452 million for 2025
Updated 6/3/2026 11:31:00 AMThe European Bank for Reconstruction and Development (EBRD) is considering providing up to $200 million in financing for two onshore wind power projects in Ras Ghareb, located in Egypt’s Red Sea Governorate.
Updated 6/2/2026 10:50:00 AM