Arab Finance: The Egyptian economic sector witnessed key developments and huge deals in 2025, led by the Alam El Roum project with Qatari Diar. The new year is about to begin, and Egypt intends to maintain momentum on the economic landscape.
In this regard, here’s a list of the top ten news during December 28th-31st.
1- Credit card usage in Egypt rises 61% in 4 years
The number of credit cards in Egypt increased by 61% over the past four years to reach around 6.7 million cards by the end of June, according to the latest data released by the Central Bank of Egypt.
2- FRA licenses 7 companies across real estate funds, factoring, leasing, and custody
Egypt’s Financial Regulatory Authority (FRA) has approved the establishment and licensing of seven companies to operate across real estate investment funds, factoring, real estate finance, leasing, underwriting, and custodian services, expanding activity in the non-banking financial sector.
3- Egypt receives $3.5B under Northwest coast development deal with Qatari Diar
Egypt has received $3.5 billion as part of an investment agreement to develop a plot of land in the Samla and Alam El Roum area on the Northwest Coast, located in Matrouh Governorate.
4- Egypt, Japan pen EGP 1B grant to build 1st diving support vessel for SCA
Egypt and Japan have signed an executive agreement for a Japan International Cooperation Agency (JICA) grant worth $22 million to finance the construction and supply of the first diving support vessel for the Suez Canal Authority’s (SCA) fleet.
5- EGX eyes record IPO year in 2026 with 8 listings expected
The Egyptian Exchange (EGX) is heading into what market officials and analysts expect to be one of its strongest investment years, with preparations underway to list around eight new companies in 2026, mainly from the medical and tourism sectors.
6- Egypt, Lebanon sign MoU to supply Deir Ammar power plant with natural gas
Egypt and Lebanon have signed a memorandum of understanding (MoU) to supply Lebanon’s Deir Ammar power plant with natural gas for electricity generation, as part of ongoing cooperation between the two countries in the energy sector, the Egyptian Ministry of Petroleum and Mineral Resources stated.
7- CBE, Afreximbank ink MoU to establish African gold bank in Egypt
The Central Bank of Egypt (CBE) and the African Export-Import Bank (Afreximbank) have signed a memorandum of understanding (MoU) to establish a specialized gold bank serving the African continent, a move aimed at strengthening central bank reserves, formalizing gold trading, and reducing reliance on refining and trading centers outside Africa.
8- Drive Finance issues EGP 2.4B securitization bonds
Drive Finance, a subsidiary of GB Corp, has successfully closed its sixth securitization bond issuance valued at EGP 2.4 billion.
9- Beltone plans to acquire UAE-headquartered Lumen Aegis
Beltone Financial Holding rolled out an agreement with E Point Zero Limited to fully acquire UAE-based Lumen Aegis Enterprises SPV RSC LTD in exchange for $1 per share.
10- Misr Al Gadida unveils joint development project with EGP 10B total revenues
Misr Al Gadida Company has completed the contracting procedures with Al-Safi and Jebal companies for the development of Mansoura land, the company’s CEO, Sameh El-Sayed.