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Foreign reserves increase to USD 49 bn in July
PLUS- McDonald's is planning to invest EGP 1 bn in the local market by the end of 2026
Net foreign assets climb again, hit USD 14.9 bn in June
The CBE recorded a surplus of nearly USD 10.1 bn in June, up from USD 9.9 bn in May
Egyptian steel exports to the EU will be subject to a 11.7% anti-dumping duty
PLUS- Future cooperation with China’s UEG?
Gov’t to offer industrial wastewater treatment plants to be developed through PPPs
PLUS- Summit Technology Solutions is looking to expand into Iraq
Mashreq reports 1H earnings
The bank reported a net income of AED 3.5 bn
Current account deficit narrows to USD 13.2 bn in 9M 2024-25
The non-oil trade deficit widened to USD 28 bn during the nine-month period
CIB’s bottom line climbs 7% in 2Q 2025
Revenues rose 13% y-o-y in 2Q 2025, backed by FX stability and loan book growth.
B.TECH closes EGP 859.4 mn securitized bond issuance
This is the fifth issuance in its EGP 5 bn securitization bond program
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