Business
Investments
Precision pitching for a slice of America’s USD 7 tn outward FDI market
The gov’t is developing a more flexible, solutions-oriented approach tailored to align with the priorities…
Sawiris-led consortium starts rebuilding EUR 200 mn Moroccan Mogador resort
Phase 1 of the AED 4 bn re-development project will feature 800 hotel keys
Egypt’s Investment, Labor Ministries roll out the red carpet for major foreign companies
Plus: Another Turkish factory lands in Qantara West
B Investments enters higher education with EGP 560 mn EUE investment
Higher education is “an underserved market with attractive market dynamics,” says Head of Investor Relations…
IPO
EGX could soon welcome up to 10 state-owned oil assets
Good morning, wonderful people, and happy THURSDAY to you all. We’ve got another week in…
CapitalMed preps EGP 2 bn IPO
The smart medical city is expected to receive formal approval for a temporary listing on…
Egypt looks to restart privatization push with five new EGX filings
Egypt is looking to temporarily list 20 state-owned companies this month that the state is…
Iran war throws wrench in Egypt’s IPO momentum
Issuers are likely to wait until markets allow them to fetch the highest valuation
M&A
A15 sells Viral Wave to Reservoir partner PopArabia
Plus: AI-native books platform Sinai.ai raises EGP 75 mn in a pre-seed round
Hassan Allam Holding expands water portfolio with MetiPro acquisition
The move aims to establish an integrated platform for wastewater projects in the region.
Banks set for acquisition rush as CBE scraps 40% ownership cap for financial companies
The CBE will by extension see its oversight of these companies increase as banks increase…
CCC Egypt acquires AluNile to drive facade and building materials growth
AluNile will continue operating as a standalone company serving a broad client base, including competitors
Debt
UN taps Egypt’s former planning minister Rania Al Mashat to head Escwa
Al Mashat returns to the global stage after her eight-year cabinet run ended last…
Edita gets a funding push from Arab Bank Egypt for regional expansion plans
The loan plugs into a broader EGP 4 bn capex plan spanning Egypt, Morocco,…
Snackmaker Edita secures EGP 600 mn loan
🍃 Good afternoon, friends, and welcome back. With the spring breeze upon us, one…
Banque Misr kicks EGP 2.7 bn for Mansour Group’s vehicle assembly plant
The 126k sqm facility will begin operations in 1Q 2027
Banque du Caire IPO prospectus coming before June
Plus: No 4-hour blackouts, cabinet says
FinMin drafts EGP 9.7 tn consolidated budget for FY 2026-27
Good morning, wonderful people. We’re heading to the weekend with both a busy issue and…
Egypt pivots to broader private sector role in revised state ownership policy to be released next month
Companies earmarked for divestment will be merged with others in the same sector to create…
Egypt to temporarily list 20 state-owned companies on the EGX this month
Good morning, friends, and welcome to April. We ring in the new month and the…
Macro + Economy
Gov’t targets fiscal balance in EGP 5.1 tn FY 2026/27 budget
ALSO: The broader FY 2026/27 economic plan expects a 5.2% growth
World Bank sees Egypt’s budget deficit widening to 7.6% of GDP in FY 2025-26 as interest payments squeeze fiscal space
Inflation is forecast to ease to 13.6% in 2026
House of Representatives refers FY 2026-27 draft budget to Planning Committee
Good afternoon, ladies and gents, and happy almost weekend. In line with the weather, we’ve…
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125 bps