Financial institutions upgrade Egypt’s 2026 outlook on EGP, inflation, and growth
International and domestic financial institutions have revised upward their projections for several key Egyptian economic indicators in 2026, most notably the US dollar-Egyptian pound exchange rate, inflation, and economic growth.…
2026: A defining year in Egypt’s shift toward sustainable, production-led growth
The year 2026 marks a decisive turning point in Egypt’s economic trajectory. After several years focused primarily on absorbing the shocks of global and regional turbulence, the economy is entering…
IDB targets broad-based expansion in 2026 following transformational year: CEO Refaie
Hussein Refaie, Chief Executive Officer and Managing Director of the Industrial Development Bank (IDB), said the bank is targeting expansion across all sectors in 2026 as it moves forward with…
2026 to mark pivotal year for SAIB Bank: CEO Naguib
Afdal Naguib, Chief Executive Officer and Managing Director of SAIB Bank, said 2026 will represent a pivotal and transformative year for the bank as it prepares to finalise and launch…
CBE opens 2026 with 100bps rate cut, lowers reserve requirement
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) opened 2026 by cutting key interest rates by 100 basis points and reducing the required reserve ratio (RRR)…
HDB’s 2025-2030 strategy: Strong financial performance, digital transformation, and sustainable growth: Ghanem
Building on a trajectory of growth and leadership, steadily and through successive achievements, the Housing and Development Bank (HDB) has proven its ability to translate its ambitious strategic vision into…
We remain at centre of Egypt’s most significant transactions across multiple fronts: HSBC Egypt CEO
In this exclusive interview with Daily News Egypt, Todd Wilcox, CEO and Deputy Chairperson of HSBC Bank Egypt, discusses the bank’s instrumental role in navigating Egypt’s evolving economic landscape. From…
Japanese firms explore expansion in Egypt’s infrastructure sector after Cairo forum
Japanese companies are looking to expand their footprint in Egypt’s infrastructure sector following high-level discussions at the first Egyptian-Japanese Dialogue Forum on Infrastructure Quality, held in Cairo. The forum was…
Egypt reaffirms commitment to African stability at AU summit: FM Abdelatty
Egypt’s Foreign Minister Badr Abdelatty underscored Cairo’s commitment to advancing peace and stability across the continent as he presented the annual report of the African Union Peace and Security Council…
Al-Sisi orders social support package ahead of Ramadan, reviews fiscal reform agenda
Egypt will roll out a new social support package this week to assist vulnerable and low-income groups ahead of the high-demand Ramadan season, the Egyptian Presidency announced on Saturday. During…