Banking sector’s local liquidity rises to EGP 13.85trn in November 2025
The Central Bank of Egypt (CBE) reported an increase in local liquidity within the banking sector, which rose to EGP 13.853trn in November, up from EGP 13.686trn in October 2025.…
Egypt’s net international reserves rise by $4.3bn in 2025
Egypt’s net international reserves increased by approximately $4.343bn during 2025, reaching $51.452bn by the end of December, compared to $47.109bn at the end of December 2024, according to data released…
The Cost of Roof Upgrades: A Comprehensive Financial Guide
Let's face it: thinking about your roof probably isn't your favorite pastime. It’s just… there. Until it isn’t. Then, you're suddenly lost in a maze of contractor lingo, bewildering material…
International Consultant Mohamed El-Lethey Proposes 9 Comprehensive Strategies for Egypt to Navigate EU CBAM and Boost Export Competitiveness in 2026
The European Union's Carbon Border Adjustment Mechanism (CBAM) entered full enforcement on Thursday, placing carbon tariffs on Egypt's major exports to the bloc—worth $14 billion in the 2024/25 fiscal year.…
Egypt Golf Series 2026 launched with 13 tournaments and $750,000 prize pool
The Egyptian Golf Federation has announced the launch of the "Egypt Golf Series 2026," a 13-tournament international professional circuit scheduled between January and April 2026 with a total prize fund…
Egypt to host 13 golf tournaments to drive tourism revenue growth: Omar Hisham
Egypt will host 13 international golf tournaments over the next four months, a move projected to significantly increase tourism revenues, Egyptian Golf Federation President Omar Hisham Talaat said on Wednesday.…
Public Enterprises Ministry, Future of Egypt discuss boosting industry cooperation
Minister of Public Enterprises Sector Mohamed Shimi received Head of Future of Egypt Authority for Sustainable Development Bahaa El-Ghannam, at the ministry’s headquarters in the New Capital to discuss ways…
Electricity, petroleum ministers review preparations to meet higher summer energy demand
Mahmoud Esmat, Minister of Electricity and Renewable Energy, and Karim Badawi, Minister of Petroleum and Mineral Resources, held a meeting on Wednesday to review and assess the action plan as…
Five-year CDS fall to lowest level since 2020: Finance Ministry
The Ministry of Finance announced that Egypt’s five-year credit default swap (CDS) prices fell below 270 basis points on 6 January, marking their lowest level since 2020. At the same…
France, allies coordinate response to the United States threats to seize Greenland
France is working with its partners to develop a response plan should the United States carry out its threat to seize the Danish territory of Greenland, French Foreign Minister Jean-Noël…