Top 10 Trending News to Check This Weekend

Updated 12/19/2025 9:00:00 AM

Arab Finance: The third week of December witnessed valuable economic agreements and developments, led by a $200 million deal with Qatari group Al Mana Holding to produce sustainable aviation fuel (SAF) in the integrated Ain Sokhna zone.

Here are the 10 most viral news stories of the week:

1-Egypt approves golden licenses for auto, manufacturing projects

The Egyptian cabinet has approved granting the golden license to MAC for Mobility Manufacturing for a project to establish and operate an integrated factory for the production and assembly of cars, passenger vehicles, buses, and transport vehicles.

2-Egypt’s economic rebalancing sets stage for recovery in 2026: HSBC

HSBC hosted its Economic Roadshow in Egypt last November, gathering 300 clients, business leaders, and industry experts to discuss key developments shaping global markets and Egypt’s recovery journey.

3-Madbouly reaffirms government’s focus on cutting public, external debt

Reducing public and external debt, along with easing the burden of debt servicing, remains a primary objective for the Egyptian government during the current phase, Prime Minister Mostafa Madbouly said during the meeting of the External Debt Management and Borrowing Regulation Committee on December 16th.

4-Egypt, Qatar ink $200M deal to launch SAF project in SCZONE

Egypt signed a contract with the Qatari group Al Mana Holding to produce sustainable aviation fuel (SAF) in the integrated Ain Sokhna zone, part of the General Authority for the Suez Canal Economic Zone (SCZONE).

5-Ernst & Young forecasts sharpest slowdown for Egypt’s inflation in nearly 3 years

The UK-based leading professional services network Ernst & Young expects Egypt’s inflation rate to record its largest slowdown in nearly three years in the coming period, supported primarily by continued stability in exchange rates.

6-FRA to license EGX for financial derivatives trading by end of January

The Financial Regulatory Authority (FRA) intends to grant the Egyptian Exchange (EGX) a license to trade financial derivatives by the end of January 2026, as part of ongoing coordination on the regulatory framework governing derivatives trading.

7-valU concludes 20th securitized bond issuance at EGP 1.1B

valU has closed its 20th securitized bond issuance at an amount of EGP 1.1 billion, in partnership with EFG Hermes, an EFG Holding company.

8-ITDA, CIB extend cooperation to scale up digital commercial registry services

The Internal Trade Development Authority (ITDA) and Commercial International Bank – Egypt (CIB) signed an addendum to a cooperation protocol aimed at expanding and sustaining the provision of digital commercial registry services through the bank’s branches.

9-EBRD approves €200M financing to back Egypt’s transition to green economy

The European Bank for Reconstruction and Development (EBRD) announced a €200 million financing package for the Egyptian Electricity Transmission Company (EETC) to accelerate Egypt’s transition to a green economy.

10-Egypt breaks ground for $210M Atum Solar complex in SCZONE

Egypt has laid the foundation stone for the Atum Solar complex, a solar cell and module manufacturing hub in the Suez Canal Economic Zone (SCZONE).