Daniel Web

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India

Egypt’s rate cut on thin ice? IMF issues stark warning

The IMF urges Egypt to proceed cautiously with interest rate cuts amid global uncertainties, warning of potential inflation resurgence.

Egypt plans a 36% rise in PPP investments this year with six projects worth EGP 27B to boost infrastructure and private sector cooperation.

At the Arab Banking Conference, Egyptian leaders stress PPPs' role in development, calling for innovative financing and risk-sharing models.

Egyptian fintech Bokra raises $58.9M through a Mudaraba Sukuk, expanding Islamic fintech and Sharia-compliant investment tools.

The proceeds will be used to repay a previous issuance from 30 April 2024, through which the Bank raised $997.6m.

Finance Events

Seamless North Africa 15.10.2025

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