Egypt’s GDP growth rate reached 5.3 percent in the second quarter (October–December) of FY2025/2026, matching the rate recorded in the first quarter and marking the strongest performance since the third quarter of FY2021/2022, according to a statement by the Ministry of Planning and Economic Development on Wednesday.
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Egypt plans to raise wages for state and private sector workers starting on 1 July 2026, Cabinet spokesperson Mohamed El-Homsani said, as the government moves to expand social protection alongside its economic reform programme.
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Egypt is emerging as a key hub for global trade, offering investors a strategic export base with multiple trade agreements and access to key markets in the Middle East, Europe, and the US, supported by HSBC’s network and local expertise, said Todd Wilcox, deputy chairman and CEO of HSBC Egypt.
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Two Egyptian technology startups have won the opportunity to participate in the US’ SelectUSA Investment Summit, aiming to expand into the country’s market, according to a statement released by the US Embassy in Cairo on Thursday.
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Egypt announced a cabinet reshuffle in key ministries, appointing new ministers to oversee investment, trade, planning, and industry, while Prime Minister Mostafa Madbouly retains his post for the fourth term.
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Egypt’s core inflation rate fell to 11.2 percent in January 2026, compared to 11.8 percent in December 2025, according to Central Bank of Egypt (CBE) data released on Tuesday.
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Egypt’s annual headline inflation eased to 10.1 percent in January 2026, down from 10.3 percent in December 2025, according to inflation readings the Central Agency for Public Mobilization and Statistics (CAPMAS) released on Tuesday.
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Egypt’s most recent net international reserves (NIRs) cover import needs for 6.3 months and account for around 158 percent of the country’s short-term external debt, according to Central Bank of Egypt (CBE) Acting Governor Hassan Abdalla, speaking on Monday at a conference in Saudi Arabia.
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Egyptian fintech firm MNT-Halan has partnered with Visa to expand its prepaid card offering and support the wider use of digital payments in Egypt, the company said on Saturday.
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Egypt plans to issue $2 billion in international bonds by the end of FY2025/2026, which ends on 30 June 2026, Minister of Finance Ahmed Kouchouk announced on Thursday.
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Egypt’s total vehicle sales in December 2025 were 23 percent higher than the year-to-date average, according to the Automotive Marketing Information Council (AMIC) monthly report released on Thursday.
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Turkish Eczacıbaşı Holding Group is planning to invest in Egypt’s building materials sector as the two countries continue to strengthen economic ties, according to a statement from Egypt’s Ministry of Investment and External Trade on Tuesday.
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Business conditions in Egypt’s non-oil private sector continued to improve in January 2026, marking the third consecutive month of expansion and the longest period of growth since late 2020, according to the latest S&P Global Egypt Purchasing Managers’ Index (PMI) released on Tuesday.
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Prices in Egypt’s real estate sector won’t be affected negatively by global economic fluctuations, geopolitical conflicts, and soaring gold prices, according to Talaat Moustafa Group (TMG) Chairman Hisham Talaat Moustafa on Amr Adib’s El Hekaya.
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The General Authority for the Suez Canal Economic Zone (SCZone) has signed an agreement with China National Chemical Engineering Company (CNCEC) for the first phase of a $34 million soda ash production project in the Ain Sokhna Industrial Zone, the authority said on Sunday.
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Egypt registered a total balance of payments (BOP) deficit of $1.6 billion in the first quarter of FY 2025/2026, widening by around 61.4 percent from $991.2 million a year earlier. However, increased remittances, tourism revenues, and Suez Canal transit fees helped contain the widening shortfall.
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AI-powered digital transformation platform SolvFast plans to launch operations in Egypt and Saudi Arabia in 2026, aiming to speed up digital transformation for companies across the Middle East and North Africa (MENA), according to a company statement on Wednesday.
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Egyptian startups attracted a total of $614 million in funding in 2025 from direct investments and debt financing, marking a 51 percent increase from 2024, according to a statement by the Ministry of Planning, Economic Development, and International Cooperation on Wednesday.
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Egypt will receive a second 1 billion euro tranche from the European Union (EU) next Thursday under a 7.4 billion euro financing package agreed with the bloc, Planning and Economic Development Minister Rania Al-Mashat said on Tuesday.
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Danish shipping giant Maersk has completed another trial transit through the Bab Al-Mandab Strait and into the Red Sea, signalling cautious steps toward a possible return to the Suez Canal after more than a year of widespread disruptions.
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