Finance News
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Finance min. to announce new export support program next week
Egypt's Finance Minister Ahmed Kouchouk to unveil a new export support program, aiming to boost industry funding and streamline investor processes.
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Jeune Afrique names Egypt in top 3 of best-performing nations in Africa
Egypt ranks second in Jeune Afrique's 2025 African Performance Index, highlighting its governance, innovation, and influence strides.
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Banks inject EGP 82.1bn into low-income mortgage initiative until April 2025
22 banks and 8 mortgage firms disbursed EGP 84.6 billion to over 630,000 low-income beneficiaries under Egypt's mortgage initiative by April 2025.
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IMF concludes 5th review mission visit for Egypt’s EFF loan programme
Private investment rose significantly, from 38.5 percent of total investment in H1 FY2023/2024 to nearly 60 percent in FY2024/2025.
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IMF says Egypt making ‘substantial progress’ but needs more tax reforms
The IMF approved its fourth review of the programme in March, unlocking a disbursement of $1.2 billion.
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“Valu” Announces its Intention to Float on The Egyptian Exchange
The ratio of the number of Valu shares that will be allocated to the shareholders of EFG Holding is 1 Valu share per 3.3273 EFG Holding shares.
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Egypt, Germany sign EUR 118 mn financing agreement
The EUR 118 mn financial cooperation agreement dedicated to supporting the education and energy sectors.
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Economist says Egypt’s debt servicing bill exceeds 50% of public spending
The primary surplus of 3.1 percent of GDP from the July 2024-April 2025 period strongly indicates improved public financial management.
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I-Score, Modefinance Int’l to develop smart MSME grading system for Egypt market
I-Score is Egypt’s only licensed private credit bureau and a key player in its financial ecosystem.
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AfDB commits $746M to Egypt in 2025, targeting private sector, pharma, and clean energy
AfDB will fund $746M in 2025 to support pharma, clean energy, and private sector growth with employment and innovation incentives.
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IMF reaffirms support for Egypt’s economic reforms as 5th review discussions advance: Spokesperson
IMF staff signal readiness to release $1.2B after Egypt’s reform progress, endorsing Cairo’s macroeconomic stabilization strategy.
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Banque Misr supports the Nclude Innovation Fund LP (“Nclude”) in the transition of its management to DPI Venture Capital
Banque Misr backs Nclude’s $105M fintech drive, now led by DPI, to foster Egyptian startups and regional digital finance growth.
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Central Bank of Egypt cuts key interest rates
Egypt's central bank reduces key interest rates by 100 basis points to support growth, setting deposit and lending rates at 24% and 25%.
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Alexandria Container witnesses $20mln block trading deal
Alexandria Container & Cargo Co. executes a $20M block trade (52M shares), reflecting strong investor confidence on the EGX.
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Egypt central bank cuts key interest rates by 100 bps
Egypt's central bank reduces key interest rates by 100 basis points, aiming to balance economic growth and inflation control amidst IMF-backed reforms
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CIB partners with Lantern Ventures to boost SME growth
CIB teams up with Lantern Ventures to enhance SME growth, offering tailored financial and strategic support to empower Egypt's entrepreneurs.
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Gold prices in Egypt drop on Thursday
Gold prices in Egypt declined on Thursday, with 24-karat gold at EGP 5,280 per gram for buying and EGP 5,308.5 for selling
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Current IMF program will be Egypt’s last loan, Prime Minister declares
Egypt’s PM declares current IMF deal will be the last, signaling a shift to economic self-reliance by 2026–27 and reducing future external borrowing.
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El-Sisi pushes for bold reforms to boost investment and economic resilience
The directives came during two separate high-level meetings this week with Prime Minister Mostafa Madbouly and other top officials.
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National Bank of Egypt leads in brand value in 2025 ranking
Egypt’s top 10 most valuable brands are now worth a combined USD3.3 billion in 2025, according to the latest Egypt 10 2025 ranking.