Finance News
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Private sector overtakes state in Egypt’s investment drive
The Ministry of Planning, Economic Development, and International Cooperation reported that private investment climbed to LE 590.7 billion.
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Egypt Posts Strongest Quarterly Growth in Three Years at 5%
Non oil manufacturing tourism and information and communications technology led quarterly gains, and private investment rose to 47.5% of total.
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Egypt hosts 9th Mediterranean central banks conference
Bringing together governors, policymakers, and senior officials from across the Euro-Mediterranean region to discuss innovation, financial integration
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Official Bank Holiday in Egypt on October 9 for Armed Forces Day
This decision was issued in coordination with the Central Bank of Egypt, in line with national holiday regulations.
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Egypt to issue new Sukuk next week, attracting over $9B in orders says Finance Ministry
Egypt is set to raise $1.5 billion through a dual-tranche sukuk issuance scheduled for Tuesday, October 7, 2025.
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Factbox: Key facts on Egypt’s GDP growth in FY2024/2025
The Ministry of Planning, Economic Development, and International Cooperation released on Tuesday the main macroeconomic indicators for FY2024/2025.
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Egypt seen cutting interest rates by 100 basis points
The Central Bank of Egypt is expected to lower its overnight interest rates by 100 basis points on Thursday as inflation continues to abate.
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Egypt made ‘significant progress’, deeper structural reforms needed
Egypt has made “significant progress” in restoring macroeconomic stability since March 2024, but deeper structural reforms are needed.
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NBE signs cooperation protocol with Plan International to boost SMEs, microenterprises
National Bank of Egypt signs cooperation protocol with Plan International to support SME sector development and job creation.
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EBank launches World MasterCard credit cards with limits up to $41,554
Export Development Bank of Egypt launches World MasterCard credit cards offering credit limits up to EGP 2 million.
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Egyptian remittances hit record $23.2 billion in first seven months of 2025 Photo of Egypt Independent Egypt Independent
Egyptian remittances hit record $23.2B in first 7 months of 2025, up 49.7% from $15.5B, with July reaching historic $3.8B monthly high.
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MNT-Halan Rolls Out Egypt’s First Secured Digital Lending Solution
MNT-Halan launches Egypt's first secured digital lending by non-bank, offering up to EGP 500K credit while earning portfolio returns
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Orange Egypt Unveils Nation’s First Digital Gold Trading Platform via Mobile Wallets
Orange Egypt launches nation's first digital gold trading platform via mobile wallets, partnering with mnGm for EGP 5 minimum investment.
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MNT-Halan Launches Egypt’s First Secured Digital Lending Solution
Customers approved through the Halan App or at any Halan booth can enjoy zero interest and no fees on Halan Card transactions for up to 45 days.
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Egypt accelerates investment reforms to boost competitiveness
Egypt’s pivotal geographic role in connecting East and West and emphasized the country’s growing potential as a regional investment hub.
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Egyptian remittances surge 50% in 1st half of 2025
Remittances from Egyptians working abroad surged by nearly 50 percent in the first seven months of 2025, compared to the same period in 2024.
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Egypt targets export growth with investment and trade reforms
Egypt aims to double its export-to-GDP ratio, currently below 10 percent, as part of a broader plan to boost foreign trade and attract investment.
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Egypt FM announces new major Saudi investment to develop Red Sea region
Foreign Minister announces a major Saudi investment project planned for Egypt's Red Sea region, expected to significantly boost bilateral relations.
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Emirates NBD Egypt, Talaat Mostafa Group collaborate to launch exclusive co-branded Mastercard credit cards in Egypt
This collaboration offers a secure and convenient digital payment experience, complemented by a loyalty program designed to meet their needs.
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Egypt ramps up privatization efforts ahead of key IMF review
Egypt is accelerating its privatization program as it prepares for a crucial review by the International Monetary Fund (IMF).