My Financial News from Egypt

from Bing and Google News
Egypt , Thursday 15 October 2026

News Egypt: Egypt’s Banque du Caire Plans 30% IPO in November

Published on: Sunday 11 October 2026
Egypt’s Banque du Caire Plans 30% IPO in November
News source: https://www.riotimesonline.com/egypt-banque-du-caire-30-percent-listing-november-2026/

Egypt's Banque du Caire plans to list 30% of its shares on the Egyptian Exchange, with subscription in late October and trading due in November.

News Egypt: Egypt Eyes US$5 Billion Trade With Indonesia

Published on: Sunday 11 October 2026
Egypt Eyes US$5 Billion Trade With Indonesia
News source: https://www.riotimesonline.com/egypt-indonesia-bilateral-trade-5-billion-2026/

Egypt and Indonesia want bilateral trade to reach US$5 billion by 2030, more than double the 2025 level, after their presidents met in Jakarta on Sunday.

News Egypt: Egypt's Next Economy Lies Beyond the Suez Canal

Published on: Thursday 24 September 2026
Egypt's Next Economy Lies Beyond the Suez Canal
News source: https://allafrica.com/stories/202609240384.html

Analysis - For centuries, Egypt's power has flowed from the Nile and its position between continents. In the twenty-first century, the question is whether geography can become industry—and strategic relevance become broadly shared prosperity.

News Egypt: Egypt’s PM calls FDI essential to reform and sustainable development

Published on: Tuesday 06 October 2026
Egypt’s PM calls FDI essential to reform and sustainable development
News source: https://finance.yahoo.com/economy/policy/articles/egypt-pm-calls-fdi-essential-150945279.html

"Egypt's PM calls FDI essential to reform and sustainable development" was originally created and published by Investment Monitor, a GlobalData owned brand.

News Egypt: What is bitcoin, and how does it work?

Published on: Friday 30 January 2026
What is bitcoin, and how does it work?
News source: https://finance.yahoo.com/personal-finance/investing/article/what-is-bitcoin-130000730.html

Bitcoin (BTC-USD) is a virtual currency that's used as an investment and a form of payment for goods and services. It's known for its volatility, so it's important to understand how bitcoin works.

News Egypt: Top Crypto Exchanges for Egyptian Traders: A 2026 Guide to Buying and Selling BTC and Altcoins

Published on: Wednesday 05 August 2026
Top Crypto Exchanges for Egyptian Traders: A 2026 Guide to Buying and Selling BTC and Altcoins
News source: https://www.bitcoin.com/exchanges/egypt/

Are you looking for a trustworthy platform to buy and trade cryptocurrency in Egypt? We have listed and compared the best Egyptian crypto exchanges here ...

News Egypt: MoneyFellows raises $13M to take its group savings model outside Egypt

Published on: Sunday 04 May 2025
MoneyFellows raises $13M to take its group savings model outside Egypt
News source: https://finance.yahoo.com/news/moneyfellows-raises-13m-group-savings-060500771.html

While most African digital lenders depend on working capital to fuel growth, MoneyFellows has quietly done what few others have: lend billions of Egyptian pounds with almost no debt or balance sheet exposure. Now, after raising $13 million in a pre-Series C round led by Casablanca-based Al Mada Ventures and DPI’s Nclude Fund, the Cairo-based fintech says it’s ready to shift from steady growth to regional expansion. The round, which also drew participation from Partech Africa and CommerzVentures, brings the company’s total funding to just over $60 million.

News Egypt: Egypt’s Synapse Analytics Raises $13m Series A Led by Partech

Published on: Friday 18 September 2026
Egypt’s Synapse Analytics Raises $13m Series A Led by Partech
News source: https://iafrica.com/egypts-synapse-analytics-raises-13m-series-a-led-by-partech/

Egyptian AI company Synapse Analytics has raised $13 million in Series A funding led by Partech, in one of the largest disclosed AI rounds on the continent ...

News Egypt: Egypt moves to revamp export support system to boost industrial competitiveness

Published on: Wednesday 08 July 2026
Egypt moves to revamp export support system to boost industrial competitiveness
News source: https://www.dailynewsegypt.com/2026/07/08/egypt-moves-to-revamp-export-support-system-to-boost-industrial-competitiveness/

Egypt's Export Development Fund (EDF) and the Engineering Export Council of Egypt (EECE) have discussed plans to modernise the country's export support system to enhance the competitiveness of Egyptian industry and accelerate export growth, in line with the Ministry of Investment and Foreign Trade's strategy. The meeting brought together Hatem El-Nawawy, Chief

News Egypt: Egypt Cement Industry Market Databook 2024: Cement Output in Egypt is Forecast to Increase from US$ 1.60 Billion in 2023 to Reach US$ 1.91 Billion by 2028

Published on: Sunday 21 July 2024
Egypt Cement Industry Market Databook 2024: Cement Output in Egypt is Forecast to Increase from US$ 1.60 Billion in 2023 to Reach US$ 1.91 Billion by 2028
News source: https://finance.yahoo.com/news/egypt-cement-industry-market-databook-080500358.html

Dublin, July 22, 2024 (GLOBE NEWSWIRE) -- The "Egypt Cement Industry Market Size & Forecast by Value and Volume Across 50+ Market Segments for Cement Products, Distribution Channel, Market Share, Import - Export, End Markets - Databook Q1 2024 Update" report has been added to ResearchAndMarkets.com's offering.The cement industry in Egypt is expected to grow by 3.5% on an annual basis to reach US$ 1.66 billion in 2024. The growth momentum is expected to continue over the forecast period, recordin

News Egypt: Egypt Cement Industry Industry Report 2025: A $5.25 Billion Market by 2029 from $3.63 Billion in 2024- Infrastructure and State Housing Projects are Sustaining Demand

Published on: Monday 16 February 2026
Egypt Cement Industry Industry Report 2025: A $5.25 Billion Market by 2029 from $3.63 Billion in 2024- Infrastructure and State Housing Projects are Sustaining Demand
News source: https://finance.yahoo.com/news/egypt-cement-industry-industry-report-145900509.html

Egypt's cement market offers growth prospects through infrastructure and housing projects under Vision 2030 and sustainability initiatives. Opportunities lie in alternative fuels, supply chain digitization, and export expansion. Challenges include currency volatility, energy costs, and regulatory complexities.Dublin, Feb. 16, 2026 (GLOBE NEWSWIRE) -- The "Egypt Cement Industry Size & Forecast by Value and Volume Across 80+ Market Segments by Cement Products, Distribution Channel, Market Share, I

News Egypt: From stuck to impounded: Suez Canal officials hold Ever Given in financial dispute with owners

Published on: Tuesday 13 April 2021
From stuck to impounded: Suez Canal officials hold Ever Given in financial dispute with owners
News source: https://www.wxyz.com/news/national/from-stuck-to-impounded-suez-canal-officials-hold-ever-given-in-financial-dispute-with-owners

CAIRO (AP) — Egyptian authorities have impounded a massive cargo vessel that blocked the Suez Canal last month amid a financial dispute with its owner. The Suez Canal chief says Monday the authority ...

News Egypt: Why the Suez Canal’s Recovery Matters for Egypt’s Economy

Published on: Sunday 20 September 2026
Why the Suez Canal’s Recovery Matters for Egypt’s Economy
News source: https://egyptianstreets.com/2026/09/21/why-the-suez-canals-recovery-matters-for-egypts-economy/

The Suez Canal is beginning to reclaim its position at the heart of global maritime trade, with rising vessel traffic and the return of major shipping services suggesting that the waterway is emerging from one of the most difficult periods in its history. In August, 1,358 vessels transited the canal, up 27 percent from

News Egypt: Is the Suez Canal's 'V-shaped recovery' real? The structural fragility of a recurring rentier state

Published on: Friday 25 September 2026
Is the Suez Canal's 'V-shaped recovery' real? The structural fragility of a recurring rentier state
News source: https://note.com/reene_real_4295/n/n7a332dd0dd0d?hl=en

In August 2026, news broke that Suez Canal toll revenues had surged compared to the same month the previous year. Looking at the numbers alone, it appears to be a 'V-shaped recovery,' but this recovery was not triggered by a policy shift within Egypt itself. It was the result of events that occu

News Egypt: Egypt PM orders financial sustainability studies for state-owned press to settle debts

Published on: Sunday 05 July 2026
Egypt PM orders financial sustainability studies for state-owned press to settle debts
News source: https://www.dailynewsegypt.com/2026/07/05/egypt-pm-orders-financial-sustainability-studies-for-state-owned-press-to-settle-debts/

Egypt's Prime Minister Mostafa Madbouly has directed the National Press Authority (NPA) to prepare a comprehensive study for each state-owned press institution outlining mechanisms to achieve financial sustainability and settle accumulated debts. The studies will be reviewed in coordination with Hussein Issa, Deputy Prime Minister for Economic Affairs, before being presented at

News Egypt: UAE, Egypt renew $1.36bn currency swap for 5 years

Published on: Tuesday 29 September 2026
UAE, Egypt renew $1.36bn currency swap for 5 years
News source: https://www.arabnews.com/finance/uae-egypt-renew-136bn-currency-swap-for-5-years-3003863

RIYADH: The UAE and Egypt renewed a 5 billion UAE dirhams ($1.36 billion) currency swap agreement for five years, strengthening financial links between the two countries as bilateral trade continues ...

News Egypt: Visitor Spending and Employment in Egypt's Tourism Sector Surpass Pre-Pandemic Levels

Published on: Friday 20 June 2025
Visitor Spending and Employment in Egypt's Tourism Sector Surpass Pre-Pandemic Levels
News source: https://www.hotelnewsresource.com/article136959.html

Article - Visitor Spending and Employment in Egypt's Tourism Sector Surpass Pre-Pandemic Levels - According to the World Travel & Tourism Council, Egypt's travel and tourism sector has made unprecedented economic contributions, with significant growth in visitor spending and employment.

News Egypt: EBRD, EU , GCF and CIB support new Solar Plant by Solarize Egypt to power Samsung Electronics Egypt’s Manufacturing Facility

Published on: Tuesday 15 September 2026
EBRD, EU , GCF and CIB support new Solar Plant by Solarize Egypt to power Samsung Electronics Egypt’s Manufacturing Facility
News source: https://www.dailynewsegypt.com/2026/09/16/ebrd-eu-gcf-and-cib-support-new-solar-plant-by-solarize-egypt-to-power-samsung-electronics-egypts-manufacturing-facility/

Solarize Egypt, a leading provider of renewable energy solutions, has successfully commissioned a 4.3 MW solar power plant at the Samsung Electronics Egypt’s manufacturing facility in Beni Suef, reinforcing the growing role of renewable energy in powering Egypt's industrial sector. Developed under a long-term Power Purchase Agreement (PPA), the solar power plant