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Experts explain reasons behind Fitch affirming Egypt’s “B” rating

Experts explain reasons behind Fitch affirming Egypt’s “B” rating

The decision by the global credit rating agency Fitch to affirm Egypt’s rating at “B” with a stable outlook has…
Planning Minister, LinkedIn discuss future job market needs

Planning Minister, LinkedIn discuss future job market needs

Minister of Planning and Economic Development Ahmed Rostom stressed on Friday, October 9, 2026, the need to continuously develop Egypt’s…
Fitch affirms Egypt’s credit rating at “B” with a stable outlook

Fitch affirms Egypt’s credit rating at “B” with a stable outlook

Fitch Ratings has affirmed Egypt’s long-term foreign-currency sovereign credit rating at “B” with a Stable Outlook. The agency noted that…
Egypt’s foreign reserves rise to $57.35 bln in September: CBE

Egypt’s foreign reserves rise to $57.35 bln in September: CBE

Prime Minister Mostafa Madbouly affirmed the State’s commitment to developing the non-banking financial sector in its various activities given its…
CAPMAS: Egyptian exports to South Korea rise 11.2% in first half of 2026

CAPMAS: Egyptian exports to South Korea rise 11.2% in first half of 2026

Data released by the Central Agency for Public Mobilization and Statistics (CAPMAS) showed on Tuesday, October 6, 2026, that the…
PM: Egypt seeks to boost mutual investment opportunities in Tanzania

PM: Egypt seeks to boost mutual investment opportunities in Tanzania

Prime Minister Mostafa Madbouly expressed hope that Tanzania’s participation in the “Alamein-Africa Business Forum” would help expand mutual investment opportunities,…
Egypt, Jordan, Iraq hail Arab Bridge Maritime’s record $40M profit

Egypt, Jordan, Iraq hail Arab Bridge Maritime’s record $40M profit

Egypt, Jordan and Iraq praised the achievements of the Arab Bridge Maritime Company, which recorded its highest-ever profit, exceeding $40…
Egypt secures record hard-currency reserves as overseas transfers spike

Egypt secures record hard-currency reserves as overseas transfers spike

Egypt’s financial sector achieved its strongest foreign reserve position in six years, boosted by a massive influx of capital from…
Suez Canal Economic Zone, US embassy discuss investment cooperation

Suez Canal Economic Zone, US embassy discuss investment cooperation

Head of the General Authority for the Suez Canal Economic Zone (SCZONE) Moustafa Sheikhoun held talks on Wednesday, September 30,…
Egypt, UAE central banks ink deal to renew AED 5 billion currency swap

Egypt, UAE central banks ink deal to renew AED 5 billion currency swap

The Central Bank of Egypt (CBE) and the Central Bank of the United Arab Emirates (CBUAE) renewed the currency swap…
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