Egypt’s annual core inflation accelerated to 14.9 percent in August 2026, up from 14.7 percent in July, while the monthly core inflation rose 0.3 percent month-on-month, after remaining unchanged throughout July, according to Central Bank of Egypt (CBE) calculations published on Thursday.
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Egypt’s annual headline inflation rate eased to 12.7 percent in August 2026 from 13 percentin July, while consumer prices remained broadly unchanged month-on-month, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on Thursday.
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More than 83 percent of Egyptian organizations plan to invest in agentic commerce over the next two years, although nearly three-quarters remain unfamiliar with the emerging technology, according to a new Visa-backed survey.
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Saudi-based digital transformation company Solvfast is expanding its use of artificial intelligence (AI) to help businesses and government institutions automate operations, integrate existing systems and turn data into actionable decisions, with operations spanning Saudi Arabia, Egypt and the United States.
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Vodafone Business announced on Monday two partnerships to expand data-centre infrastructure in Egypt and develop local sovereign artificial intelligence (AI) capabilities, with investment in the first project potentially reaching $1 billion.
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Egypt is seeking to deepen its partnership with the Asian Infrastructure Investment Bank (AIIB) as Cairo looks to diversify its financing sources, expand infrastructure investment and attract greater private-sector participation in priority sectors, Minister of Finance Ahmed Kouchouk said Monday.
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Egypt’s Financial Regulatory Authority (FRA) published on Saturday the first comprehensive guidebook detailing the rules and regulations governing consumer finance companies.
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Egypt plans to raise around $3 billion through international bond issuances in the current FY2026/2027, which rolled out on 1 July 2026, as the government seeks to diversify its financing sources and currencies while continuing to reduce external debt and limit refinancing risks, according to the cabinet statement on Thursday.
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Egypt’s real GDP grew 5.1 percent in FY2025/2026, which ended in June 2026, accelerating from 4.4 percent a fiscal year earlier and exceeding international institutions' forecasts, the cabinet said in a statement on Thursday.
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Chinese President Xi Jinping’s two-day state visit to Egypt, his first in a decade and concluded on Wednesday, focused on expanding the two countries’ comprehensive strategic partnership, deepening economic cooperation and strengthening coordination on regional issues.
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Egypt and China are seeking to reshape their economic partnership around manufacturing, investment, and supply chains, as Cairo looks to harness Chinese capital and technology to expand domestic production, boost exports, and strengthen its position as a regional industrial and logistics hub.
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The launch of the third phase of the China-Egypt TEDA Suez Economic and Trade Cooperation Zone marks a further shift in Egypt-China economic relations from trade and infrastructure cooperation towards manufacturing, supply-chain integration, and export-oriented investment.
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Rising borrowing costs and a sharp decline in external financing are putting growing pressure on developing economies, particularly low-income countries, limiting their ability to fund infrastructure, health, and education while threatening growth and debt sustainability, the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, said.
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Nearly two decades after construction began on a desert site along Egypt’s Red Sea coast, the China-Egypt TEDA Suez Economic and Trade Cooperation Zone has emerged as a manufacturing and export hub, attracting more than $4.7 billion in cumulative investment and hosting more than 200 companies.
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Egyptian exports to China surged by approximately 200 percent year-on-year to $840.8 million in the first six months of 2026, up from $280.5 million in the same period in 2025, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS) released on Monday.
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Egypt has allocated almost EGP 37 billion for investments by the Egyptian Electricity Transmission Company (EETC) in FY2026/2027, which began on 1 July 2026, to upgrade and expand the national electricity transmission network and increase its capacity to accommodate new power generation, including renewable-energy projects, the Ministry of Electricity and Renewable Energy said on Tuesday.
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Chinese President Xi Jinping’s visit to Egypt signals an expansion of the partnership between the two countries as Cairo seeks to enhance cooperation with Beijing in trade, investment, industrial localization, technology, and defence.
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The Iran war has doubled the cost of an imported liquefied natural gas (LNG) cargo for Egypt to around $80 million, from about $40 million before the conflict, Petroleum and Mineral Resources Minister Karim Badawi said Monday, highlighting the growing pressure regional turmoil is putting on the country’s energy import bill.
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TikTok and Entreprenelle launched the second edition of their “TikTok for Entrepreneurs” programme in Egypt on Sunday, focusing on helping women-led businesses use digital content and online communities to reach customers and expand their operations.
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The Central Bank of the UAE (CBUAE) and the Central Bank of Egypt (CBE) said Sunday that Banque Misr’s branches in the United Arab Emirates continue to conduct their business as usual, as the two central banks coordinate their response to a proposed US regulatory measure targeting the bank’s UAE operations.
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