Egyptians are Losing Patience in the Age of Social Media
This content is for members only. Visit the site and log in/register to read. The post Egyptians are Losing Patience in the Age of Social Media first appeared on Egyptian Streets.
PM: Egypt Forum 2026 to discuss inflation-linked cash subsidies, social protection reform
Egypt Forum 2026 will discuss ways to improve the transition from in-kind subsidies to cash support, including linking subsidy values to price movements and inflation rates to protect beneficiaries’ purchasing power, Prime Minister Mostafa Madbouly said on Monday, October 12, 2026 . The proposed measures aim to promote social justice…
Madbouly witnesses Hyde Park deal to acquire 415 feddans in west Cairo
Hyde Park Developments has signed an agreement to acquire a 415-feddan plot in the eastern expansions area of 6th of October City in west Cairo, formerly known as the Dreamland land, in a deal involving Banque Misr and the National Bank of Egypt (NBE). Prime Minister Mostafa Madbouly witnessed the…
Agriculture minister approves EGP 80.9m in new funding for National Veal Project
The Ministry of Agriculture and Land Reclamation announced that the board of the National Veal Project, chaired by Minister of Agriculture and Land Reclamation Alaa Farouk, had approved new funding worth EGP 80.885m for small-scale breeders and young graduates to raise and fatten 1,148 head of cattle. The funding falls…
Government, CBE coordinate fiscal, monetary policies to curb inflation, reduce debt: Minister
Planning and Economic Development Minister Ahmed Rostom said the government, with the direct support of Prime Minister Mostafa Madbouly, was coordinating closely with the Central Bank of Egypt (CBE) to ensure alignment between fiscal and monetary policies, with the aim of curbing inflation, reducing public debt and advancing comprehensive development.…
FRA requires non-bank financing entities to update activity data monthly
The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has required all non-bank financing companies and entities to submit monthly activity data through its dedicated electronic platform within the first 15 days of each month, covering the preceding month. The Authority will also reopen the platform from 12 to 29…
Banque Misr extends EGP 10bn financing to Founders Real Estate Marketing
Prime Minister Mostafa Madbouly witnessed the signing on Monday of financing agreements worth EGP 10bn between Banque Misr and Founders Real Estate Marketing, a subsidiary of Hyde Park Developments. The financing, with a tenor of up to eight years, will cover the purchase and marketing of assets owned by the…
Egypt 2026 Forum to outline manufacturing and private sector reform targets
Egypt is set to outline its upcoming reform priorities, future targets to deepen local manufacturing, and new policies to enhance private sector participation during the upcoming “Egypt 2026 Forum”, Prime Minister Mostafa Madbouly announced on Monday. During a preparatory meeting for the event, which was mandated by President Abdel…
Egypt posts $2.8bn balance of payments surplus in FY 2025/26
Egypt recorded an overall balance of payments surplus of $2.8bn in the fiscal year (FY) 2025/26, reversing a deficit of $2.1bn the previous year, the Central Bank of Egypt (CBE) announced on Monday. The surplus was supported by a net inflow of $23.2bn in the capital and financial account,…
EFG Hermes UAE launches market making and liquidity provision on Dubai Financial Market
EFG Hermes UAE LLC, a unit of Cairo-based investment bank EFG Hermes, has launched market making and liquidity provision services on the Dubai Financial Market (DFM), the firm announced on Monday. The services are designed to provide continuous two-sided quotations for DFM-listed securities in an effort to broaden order…