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Infrastructure 
Hyde Park plans to add 710 hotel rooms to its local portfolio over the coming years
PLUS- Abu Dhabi sovereign wealth fund ADQ’s Alpha Oryx trimmed its stake in CIB to 15.7%
Gov’t mulls low-interest financing for home buyers
The Real Estate Developers Chamber proposed rates between 8-12% depending on property size
Current account deficit narrows to USD 15.4 bn in FY 2024-25
The non-oil trade deficit widened to USD 37.1 bn during the fiscal year
Foreign reserves increase to USD 49.5 bn in September
PLUS- Amseo Medical Industries plans to invest EGP 1.2 bn by the end of this year to expand production
Halan closes EGP 3.4 bn securitization issuance
The issuance is the company’s fourth under a EGP 8 bn program
Fresh updates on Zafarana repowering project
PLUS- India’s BMEC Imaging will establish a USD 4.5 mn medical manufacturing and remanufacturing facility in Egypt
Net foreign assets dip to USD 17.9 bn in August
Commercial banks saw their net foreign assets’ surplus narrowing to USD 7.3 bn in August, from USD 10.0 bn a…
Central bank resumes rate cuts with 100 bps move
The committee said its decision “reflects its updated assessment of inflation dynamics and outlook”
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