Data
CBE says single-digit inflation unlikely till 2H 2027 as war reshapes outlook
Single-digit inflation is no longer expected before the second half of 2027
Inflation unexpectedly cools, putting rate-cut cycle back in play
The first fall in the headline rate in three months came despite a consensus that…
BMI slashes Egypt’s GDP growth forecast to 4.5% as pressure mounts from war in the Gulf
BMI also raised its 2026 inflation forecast to 14.6%
S&P Global affirms Egypt’s rating at B/B, stable outlook
Due to geopolitical tensions, the agency contracted their 2026/27 forecast to 4.3%, down from 4.7%
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 PMI hits three-year low as input costs spike to early-2023 highs
The headline PMI reading fell for the fifth consecutive month by 1.4 points to 46.6…
Non-oil sector hits two year low as regional volatility stokes costs
The headline index fell for a fourth consecutive month in March,dropping 0.8 points from the…
PMI hits 23-month low as non-oil activity contracts in March
Good afternoon, dearest readers, welcome to the first full workweek of April, and happy Palm…
Few silver linings in February PMI as Egyptian private sector contraction accelerates
One bright spot was construction, which was marked as the only sector to report an…
Analysts expect CBE to keep interest rates steady on Thursday
Nine out of 10 analysts polled by EnterpriseAM expect the CBE to keep interest rates…
Inflation eases in April + NTRA greenlights price hikes for select telecom packages
Good afternoon, friends, and congratulations on making it to the long weekend. First up, we’re…
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
War pushes Egypt’s inflation higher to 15.2% in March, beating expectations
On a monthly basis, inflation jumped to 3.2%, compared to 2.8% a month earlier
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
FM Abdelatty pitches SCZone to Brazilian and Indian investors
Plus: CIB gears up to launch digital bank Yomo in 4Q 2026
Egypt’s Investment, Labor Ministries roll out the red carpet for major foreign companies
Plus: Another Turkish factory lands in Qantara West
Three more investment tickets worth USD 25.6 mn for the SCZone
Two of the plants are slated to come online as early as 2027
The strong buffers Egypt built heading into the Gulf war are allowing the Madbouly government to navigate from a stronger position
Remittances are up 29.6% y-o-y to USD 22.1 bn in H1 FY 2025/26!_NewsLead_!
Tourism
Alkan Holding to invest EGP 11 bn in Citadel Plaza hospitality expansion
Plus: QNB backs GlobalCorp with a EGP 3 bn for leasing
PickAlbatros files for Mövenpick Casablanca, its second Casablanca hotel buy in a month
The hospitality group has filed to acquire the 184-key hotel’s commercial and real estate assets…
Travco targets 4Q launch for new private airline
Good morning, ladies and gents. It’s a capital flow type of morning. Apis Partners has…
Andalusia Health gets a booster shot from Banque Misr
Plus: PickAlbatros revealed as buyer of EGP 3.8 bn Sahl Hasheesh asset