A Busy Start to February: Egypt’s Top 10 Viral Stories
Updated 2/6/2026 9:00:00 AM
Arab Finance: From the Central Bank of Egypt (CBE) issuing T-bills to finance the state's budget deficit to the government launching a unified digital platform for investment licensing, Egypt’s economy delivered a busy start to February.
Here are the top 10 news stories that shaped the market in the five days to February 5th:
1-CBE issues EGP 95B in T-Bills to finance budget deficit
The Central Bank of Egypt (CBE) issued treasury bills (T-bills) worth EGP 95 billion on Thursday, February 5th, 2026, in coordination with the Ministry of Finance, as part of the government’s efforts to finance the state budget deficit, as per data from the CBE's website.
2-Egypt’s car sales jump 69.9% in 2025: AMIC
Egypt’s car market recorded a sharp rebound in 2025, with total vehicle sales rising 69.9% year on year (YoY) to about 173,800 units, according to data from the Automotive Market Information Council (AMIC).
3-Egypt's non-oil private sector eases in January as PMI edges below 50
Business activity across Egypt’s non-oil private sector continued to expand at the start of the year, extending the current growth sequence seen since late 2020, although overall operating conditions weakened slightly as demand slowed, according to the latest S&P Global Egypt Purchasing Managers’ Index.
4-FRA grants licenses for futures brokerages, real estate fund
The Financial Regulatory Authority (FRA) has approved licenses for three companies to conduct brokerage activities in futures contracts and operate a real estate investment fund.
5-Egypt launches unified digital platform for investment licensing
Egypt has officially launched a unified electronic investment licensing platform as part of broader government efforts to accelerate digital transformation and improve the business environment, as per an announcement issued by the General Authority for Investment and Free Zones (GAFI).
6-CBE launches contactless payment acceptance via smart devices
The Central Bank of Egypt (CBE) has launched a contactless electronic payment acceptance service through smart devices, as per a statement issued on February 1st.
7-Bosta inaugurates $5M automated sorting center in Egypt
Egypt-based logistics technology startup Bosta has inaugurated a $5 million automated sorting center, the largest of its kind in the Middle East, as per a statement.
8-AD Ports secures $115M IFC-led financing for Safaga terminal in Egypt
Abu Dhabi-based global trade, industry, and logistics group AD Ports Group has secured a $115 million project finance facility to support the development of the Noatum Ports Safaga Terminal in Egypt, as per a statement.
9-Palm Hills Developments concludes EGP 2.015B securitization issuance
Palm Hills Development Company and EFG Hermes jointly announced the closing of an EGP 2.015 billion securitized bond issuance. This marks the first issuance under the real estate developer’s newly approved EGP 30 billion securitization program.
10Philip Morris Egypt raises prices of cigarettes, heated tobacco products
Morris Egypt has announced new prices for its portfolio of traditional cigarettes and heated tobacco products in the Egyptian market, including Merit, Marlboro, L&M, HEETS, and TEREA.
Related News
