Arab Finance: The second week of October saw several notable economic developments, led by Egypt’s balance of payments (BoP), which recorded an overall surplus of $2.8 billion in fiscal year (FY) 2025/2026.

Here are the 10 most-read news stories of the week:

1-Egypt’s BoP records $2.8B surplus in FY2025/26

Egypt’s balance of payments (BoP) recorded an overall surplus of $2.8 billion in fiscal year (FY) 2025/2026.

2-World Bank Group mobilizes $6.7B in private capital for Egypt since FY2021/22

The World Bank Group has mobilized nearly $6.7 billion in private capital for Egypt since fiscal year (FY) 2021/2022, supporting projects in renewable energy, port infrastructure, affordable housing, and entrepreneurship.

3-IMF lifts Egypt’s growth outlook for FY2026/27 to 4.7%

The International Monetary Fund (IMF) has raised its forecast for Egypt’s economic growth in fiscal year (FY) 2026/2027 to 4.7%, versus 4.4% projected in July.

4-Egypt’s remittances jump 27.2% YoY in 8 months: CBE

Remittances from Egyptians working abroad rose by 27.2% year-on-year (YoY) to $33.9 billion in the January-August 2026 period, up from $26.6 billion.

5-Egypt’s trade deficit soars 53.9% YoY in July 2026: CAPMAS

Egypt’s trade deficit surged by about 53.95% year-on-year (YoY) in July 2026 to $8.04 billion from $5.22 billion.

6-MNT-Halan's private IPO tranche 11.2x oversubscribed

MNT-Halan has closed subscriptions for the private tranche of its initial public offering (IPO) on the Egyptian Exchange (EGX), with the tranche 11.2 times oversubscribed at an offer price of EGP 24.50 per share.

7-EGX approves Korra Energi's EGP 405M capital increase rights

The Egyptian Exchange (EGX) Listing Committee has approved the listing of 2.025 billion subscription rights for Korra Energi’s EGP 405 million issued capital increase, which will raise its capital from EGP 450 million to EGP 855 million.

8-Egypt Education Platform eyes 25% stake offering on EGX in November

Egypt Education Platform (EEP) is getting ready to offer around 25% of its shares on the Egyptian Exchange (EGX), with the offering likely to take place in November.

9-Banque Misr, Hyde Park's Founders Real Estate sign EGP 10B financing deals for NUCA assets

Prime Minister Mostafa Madbouly witnessed the signing of EGP 10 billion financing agreements between Banque Misr and Founders Real Estate, a subsidiary of Hyde Park Developments.

10-Banque du Caire plans 30% IPO on EGX

Banque du Caire plans to offer 30% of its issued share capital on the Egyptian Exchange (EGX) through an initial public offering (IPO), with Banque Misr selling 4.575 billion existing ordinary shares.