The African Union (AU) launched the Africa Credit Rating Agency (AfCRA) in Mauritius, introducing an independent institution aimed at expanding credit rating coverage and improving assessments of African economies.
Updated 4m3h
Egypt’s Deputy Prime Minister for Economic Affairs Hussein Eissa reviewed an implementation plan comprising 31 main programs divided into around 100 executive measures under the second edition of the State Ownership Policy Document for 2026–2030, ahead of the plan’s final release.
Updated 14m7h
Egypt’s non-oil private sector businesses contracted in September as output and new orders declined sharply, with the S&P Global Egypt Purchasing Managers’ Index (PMI) falling to 47.2 from August’s seven-month high of 49.6.
Updated 10/5/2026 7:57:00 AM
As Egypt's population grows and urbanization accelerates, municipal solid waste has become one of the country's most pressing development challenges. Yet what is often viewed as a sanitation problem may, in fact, represent a significant economic opportunity.
Updated 10/1/2026 9:57:00 AM
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
Egypt’s stronger macroeconomic buffers and swift policy response helped contain the economic fallout from the war in the Middle East, although significant vulnerabilities continue to weigh on the economy, according to an International Monetary Fund (IMF) assessment prepared by Amine Mati, the IMF’s mission chief for Egypt and an assistant director in its Middle East and Central Asia Department, and Yevgeniya Korniyenko, a senior economist in the same department.
Updated 9/22/2026 6:24:00 AM
Fitch Ratings expects Egypt’s current account deficit to narrow to 2.7% of gross domestic product (GDP) in fiscal year (FY) 2026/2027 from around 3.4% in FY 2025/2026.
Updated 9/13/2026 11:55:00 AM
Morgan Stanley expects the Central Bank of Egypt (CBE) to keep interest rates unchanged through the end of 2026, although it sees an increased possibility of a 2% cut in the fourth quarter (Q4) if inflation falls below 13%.
Updated 8/16/2026 1:48:00 AM
Egypt’s non-oil private sector contracted for the seventh consecutive month in July 2026, although the headline Purchasing Managers’ Index (PMI) rose to 46.8 from a 41-month low of 46.0 in June.
Updated 8/4/2026 7:08:00 AM
Egypt’s North Coast is entering a new phase of development in which tourism, urban expansion, and private-sector innovation are increasingly tied together.
Updated 7/22/2026 3:06:00 PM
Treating summer as a monolithic market risks misaligned strategies, as campaigns designed for one ecosystem consistently underperform in the others. Understanding these differences is essential for businesses seeking effective segmentation and for policymakers tasked with managing seasonal pressures on infrastructure and growth.
Updated 7/1/2026 10:58:00 AM
The eighth edition of the Decision Makers conference, held at the Grand Egyptian Museum under the theme “Investment, Real Estate, and Tourism: Egypt’s Economic Growth Triangle 2026,” examined the impact of global economic and geopolitical developments on the investment landscape.
Updated 6/25/2026 10:55:00 AM
Egypt is set to receive EUR 1.5 billion from the European Union (EU) this month to support its economic reform agenda.
Updated 6/21/2026 9:14:00 AM
Egypt plans to offer between four and five state-owned companies on the Egyptian Exchange (EGX) before the end of 2026.
Updated 6/7/2026 4:52:00 AM
Egypt's trade deficit widened by 48.8% year-on-year (YoY) in March 2026, reaching $4.6 billion compared to $3.1 billion in the same month of 2025.
Updated 6/3/2026 3:31:00 PM
Egypt's non-oil private sector remained under pressure in May 2026 as rising inflation, higher fuel and electricity costs, and currency weakness weighed on demand, according to the latest S&P Global Egypt Purchasing Managers' Index (PMI) survey.
Updated 6/3/2026 7:22:00 AM
Egypt's tax revenues increased by 29% during the period from July 2025 to March 2026, without imposing additional tax burdens due to stronger economic activity, a broader tax base, and ongoing efforts to simplify tax procedures.
Updated 6/1/2026 11:54:00 AM
Egypt aims to generate 45% of its electricity from renewable energy sources by 2028, Prime Minister Mostafa Madbouly told the House of Representatives, outlining the government’s strategy to strengthen energy security as a regional war continues to weigh on global markets.
Updated 4/21/2026 1:22:00 PM
Minister of Investment and Foreign Trade Mohamed Farid presented the government’s economic reform agenda and developments on Egypt's initial public offering (IPO) program during a meeting with the global, full-service investment banking and capital markets firm Jefferies Group in Washington, D.C.
Updated 4/19/2026 4:07:00 AM
Egypt’s Prime Minister Mostafa Madbouly has issued a decree reconstituting the Ministerial Group for Entrepreneurship, to be chaired by Deputy Prime Minister for Economic Affairs Hussein Eissa.
Updated 4/19/2026 3:40:00 AM