Business

Economy

Moody’s upgrades Egypt’s credit rating to ‘B3’ with positive outlook

The Egyptian Cabinet announced on Saturday that Moody’s has upgraded the country’s long-term sovereign credit rating for both local and foreign currency to “B3,” while maintaining a positive outlook, citing progress in economic and fiscal reforms that have helped stabilize public finances, improve foreign reserves, and accelerate economic activity.

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Moody’s upgrades Egypt’s credit rating to ‘B3’ with positive outlook

Egypt, Thailand seek to expand trade and investment ties

Egypt urges World Bank to expand financing tools amid regional economic pressures

Egypt, World Bank discuss investment, private sector support at IMF meetings

African billionaire Dangote targets $10-$15bn investments in Egypt

US stocks drop to their worst day since July as inflation worsens

US dollar climbs to over EGP 53/$1 on Wednesday’s COB

GEF to bring policymakers, investors together in Cairo to support entrepreneurs: Festival president

Egypt seeks regional integration, investment, financial risk management at IMF/World Bank meetings

Middle East war adds to global economic pressures as IMF chief warns of rising debt

US hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions laws

IMF chief says Saudi attacks could have negative spillover 'everywhere'

Egypt discusses economic reforms at IMF-World Bank meetings in Thailand

Infograph: Egypt’s trade deficit widens 54% to $8 bln in July as imports surge: CAPMAS

MENA economies face uneven fallout from US-Iran war as fiscal pressures mount: Fitch

Commentary| From the Nile to action: Giving Africa’s rural workers a stronger voice

Global public debt to exceed 100% of GDP by 2030: IMF

Markets & Companies

Egypt offers 400 ready-to-operate industrial units across 10 governorates

Egypt’s Industrial Development Authority (IDA) is offering 400 fully equipped industrial units across 11 industrial complexes in 10 governorates, with the units ready for immediate handover and operation, according to a Ministry of Industry statement released on Wednesday.

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Egypt offers 400 ready-to-operate industrial units across 10 governorates

Chinese cars gain ground in Egypt

AFIS 2026: Can Africa turn its financial strength into investments that drive growth?

Lufthansa wins contest for TAP Air Portugal stake

Stocks diverge ahead of key US inflation data

The first big batch of US profit reports for the summer has Wall Street mixed

Egypt’s FRA conducts short-selling framework trials

Oil rises as Trump comments roil energy markets

US futures slip as oil prices and bond yields rise with markets awaiting latest Fed minutes

Shaden Khallaf recieves 2026 Women of MENA Award for technology, policy, humanitarian leadership

US stocks rise toward an all-time high after oil prices ease

Egypt's FRA approves 12 companies for non-banking financial activities

Asian stocks mixed despite tech-led Wall St record

Libya’s Food-Processing Opportunity Is Bigger Than Agriculture

Egypt, Thunderbird School launch global ‘100 Million Learners’ initiative

FRA requires non-banking financial companies to adhere to Customer Due Diligence procedure updates

Tesla shares jump after car sales top estimates

Energy

Egypt, Saudi Arabia to launch 3,000 MW electricity link within weeks

Egypt and Saudi Arabia are preparing to launch a $1.8 billion electricity interconnection project with a capacity of 3,000 megawatts (MW) in the coming weeks, following the completion of trial operations for its second phase, Egypt’s Ministry of Electricity and Renewable Energy said in a statement on Tuesday.

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