Latest News for: egp

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Egyptian pound inches up against dollar in midday trade – 12 Feb, 2026

Amwal Al Ghad 12 Feb 2026
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Strong expectations of 1-2% cut in EGP interest rates at CBE’s first meeting of 2026

Daily News Egypt 11 Feb 2026
Pace of monetary easing ... According to Abdel Aal, the case for holding rates – the “cautious view” – is linked in part to the maturity of 27% savings certificates, worth around EGP 1trn, which began maturing in January and will continue until April.
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Egyptian pound mostly edges lower against dollar in early trade

Amwal Al Ghad 11 Feb 2026
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CIB reports EGP 117bn in consolidated revenue, EGP 82.2bn net income in FY2025

Daily News Egypt 10 Feb 2026
Full-year 2025 consolidated net income reached EGP 82.2bn, or EGP 18.2 per share, ... Gross loans expanded by 44%, or EGP 177bn, to EGP 576bn, reaching EGP 617bn after accounting for securitisation deals.
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Egypt unveils 50B EGP Il Monte Galala Towers, Marina project

Egypt Today 10 Feb 2026
CAIRO - 10 February 2026 ... The project, developed by Tatweer Misr, represents a total investment of approximately 50 billion EGP ($1 billion) ... A series of strategic agreements were signed during the event to ensure international standards of operation..
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Egyptian pound edges up against dollar in early trade – 10 Feb, 2026

Amwal Al Ghad 10 Feb 2026
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Egypt launches EGP 5 billion Mont Galala Towers & Marina Project on Red Sea coast

Amwal Al Ghad 09 Feb 2026
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Baker McKenzie Cairo Advises Marakez on EGP 3 Billion Bilateral Facility from Banque Misr (Baker & McKenzie LLP)

Public Technologies 09 Feb 2026
). Baker McKenzie Cairo has advised Marakez, one of Egypt's leading mixed-use real estate developers, as borrower's counsel on securing an EGP 3 billion bilateral facility from Banque Misr ... Attachments Original document Permalink. Disclaimer ... (noodl.
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MSMEDA signs EGP 500m funding agreement with Suez Canal Bank

Daily News Egypt 09 Feb 2026
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has signed a financing agreement worth EGP 500m with Suez Canal Bank to expand funding for industrial and productive projects and support export activities.
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Egypt invests EGP 26.5bn to upgrade power transmission network in FY2025

Daily News Egypt 09 Feb 2026
She said the investments – totaling around EGP 26.289bn – were directed toward rehabilitating and renewing extra-high and high-voltage substations and transmission lines, completing ongoing projects, and implementing new expansions.
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Egyptian pound vs. US dollar in Monday early trading – 9 Feb, 2026

Amwal Al Ghad 09 Feb 2026
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Gold prices drop EGP 150 in local market despite global gains

Daily News Egypt 08 Feb 2026
Embabi explained that the decline in local prices occurred despite the global uptrend due to a pricing premium in the domestic market of between EGP 300 and EGP 500 above international levels.
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MIDAR announces EGP 200bn in new investments over past year

Daily News Egypt 08 Feb 2026
MIDAR also highlighted major regional partnerships concluded over the past year, including a collaboration with UAE-based Emaar to develop an integrated residential project in MADA, with investments estimated at around EGP 100bn.
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Emergency Labour Aid Fund disburses EGP 2.48bn to support over 441,000 workers nationwide

Daily News Egypt 08 Feb 2026
In a statement issued on Sunday, the board revealed that between 1 July 2024 and 8 February this year alone, the fund allocated EGP 253.6m to support 24,528 workers at 51 establishments affected by emergency circumstances.
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Talaat Moustafa Group, EEP to build EGP 8bn university in Noor City

Daily News Egypt 08 Feb 2026
Talaat Moustafa Group (TMG) has signed a strategic partnership agreement with Egypt Education Platform (EEP) to establish a private university in Noor City with a total investment cost of EGP 8bn, the company announced ... ....

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