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EBRD forecasts Egypt’s economic growth at 4.6% in 2026

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 PM
Top 10 Trending News of September’s 4th Week

The 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 AM
EBRD approves up to $32.1M equity investment in Hassan Allam Utilities’ RWD

The 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 AM
EFG Holding, EBRD sign $40M financing deal to support MSMEs in Egypt

EFG 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 PM
Octo enters EBRD’s 24-month Star Venture program

Egypt-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 AM
Paymob raises $35M in pre-Series C funding

Cairo-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 AM
Valu completes first corporate bond issuance worth EGP 1B

U 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 AM
EBRD weighs $192M debt financing for 900 MW Shadwan wind project in Egypt

The 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 AM
Cabinet approves Elsewedy Electric wiring harness project in Fayoum

Egypt'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 PM
GAFI, EBRD deepen cooperation to boost FDI, back private sector in Egypt

CEO 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 AM
Ulter by Valu cooperates with Red Sea Sails to boost yacht financing

Ulter 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 AM
EIB considers financing renewable energy projects in Egypt with combined capacity of 1.6 GW

The 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 AM
Elsewedy Electric's Rowad Modern Engineering joins Alstom consortium for Egypt rail projects

Rowad 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 PM
Valu secures EGP 600M EBRD loan to scale green consumer finance

The 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 PM
Top 10 Trending News to Read This Weekend

Major 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 PM
EBRD targets €7.5B in Egypt financing over next 5 years

The 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 AM
Weekly Rundown of Top 10 Trending Headlines

The 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 AM
EBRD cuts Egypt's economic growth forecast for 2026, 2027

The 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 AM
Minapharm Pharmaceuticals unveils EGP 2.5/share cash dividends for 2025

Minapharm Pharmaceuticals announced a cash dividend distribution valued at EGP 29.452 million for 2025

Updated 6/3/2026 11:31:00 AM
EBRD considers $200M loan for 2 wind projects in Egypt

The 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