Egypt Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
Data
Home / Data
Standard Chartered bullish on EGP + growth
The bank now expects the USD/EGP to reach 47.5 by the end of 1Q 2026…
Interest payments devour gains as budget deficit widens to 3.6% of GDP
Interest payments consumed over 96% of the state’s total budget revenues during 5M FY 24-25
GDP growth accelerates to 5.3% in 1Q FY 2025-26
The growth is backed by ongoing economic and structural reforms
Egypt’s GDP grows 5.3% in 1Q FY 2025-2026
Good morning, friends, and a very happy Friday to you all. After the busier-than-usual week,…
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
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
Current account deficit rises to USD 11.1 bn in 1H FY 2024-2025
The trade deficit rose to 47.4% during the period
Egypt’s current account deficit doubles to USD 5.9 bn in 1Q FY 2024-2025
The deficit was driven by a sharp increase in the trade deficit and a significant…
Non-oil private sector activity hits quickest pace in five years
Good morning, folks, and welcome to the weekend. We wish you well-deserved days of rest…
Non-oil private sector activity sees fastest growth in five years
Activity now sits comfortably above the 50.0 threshold that separates growth from contraction
Non-oil private sector activity hits quickest pace in five years
Good afternoon, folks, and welcome to the home stretch. It’s still a slow one in…
Non-oil private sector contraction eases in October
New orders declined at the slowest pace in five months
Inflation was flat in December — does that set up the next rate cut?
Annual urban inflation was unchanged at 12.3% in December, the same pace at which prices…
AI may be engineering its own bust
Morgan Stanley predicts AI infrastructure investment needs will keep US inflation above the Federal Reserve’s…
Finance Ministry targets freezone backdoors in major structural tax overhaul
Companies in freezones could soon face a 4-5% tax on products sold locally
Why gold is still a structural hedge for Egyptian households
Until the EGP can compete with the psychological security of the bullion, capital will remain…
Foreign reserves increase to USD 50.2 bn in November
PLUS- El Garhy Investment and Development Group upped its stake in EGX-listed Arab Developers Holding
Foreign reserves increase by USD 387 mn in April to USD 48.1 bn
Net foreign reserves have increased by USD 12.8 bn since the Ras El Hekma agreement…
It’s day two of the EFG Hermes One on One in Dubai
Good morning, wonderful people. We have an absolutely packed issue for you this morning in…
Net foreign assets rise for a second month, hitting USD 10.2 bn in February
A narrower deficit at commercial banks helped lift the sector’s external position
Suez Canal
More Chinese players make a home out of SCZone
The projects include two solar component factories
Sawiris’ HOF eyes Bugatti Rimac
PLUS- Suez Canal Authority secured EGP 1 bn grant from the Japan International Cooperation Agency
Egypt eyes shipbuilding megadeal
The move ties in with a USD 2 bn project to shift the canal from…
Chinese manufacturers are investing another USD 1.2 bn in manufacturing here
The three projects will create a total of 5.4k jobs
Tourism
2025 marked the end of Egypt’s tourism recovery and the start of its buildout
Egypt welcomed some 18.8 mn tourists in 2025, up nearly 20% y-o-y
Live restoration of King Khufu’s second solar boat begins at the GEM
The vessel is made of 1.6k pieces
Among 2025’s top 10 archeological discoveries: King Thutmose II’s tomb
Archeology Magazine gave a nod to the discovery of King Thutmose II’s tomb in its…
12(ish) months later, Ras Banas is back on the block
The strategy for Ras Banas will rely on selling specific projects to a handful of…