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Egypt’s Pound Hits Record Low as Debt Selling Deepens Market Strain

Market Updates & Finance Mona Alameddine -
CAIRO, Egypt's benchmark EGX30 fell 1.66% to 48,416.94 points on Monday, extending a three-session decline as the pound weakened...

Egypt’s Sugar Byproduct Exports Surge 54% as China Becomes Top Buyer.

Business MEO Research Team -
CAIRO — Egypt’s exports of sugar-processing byproducts jumped 54% to $176 million in 2025, according to the Food Export Council...

Guterres Returns to Grand Egyptian Museum, Hails Ancient Egypt’s Influence on Europe

Egypt Middle East Observer Staff -
CAIRO — Seven years after touring the Grand Egyptian Museum (GEM) while it was still under construction, UN Secretary-General António...

Bangladesh’s $150m DP World Port Deal Faces Test of Public Returns and Jobs

Asia MEO Research Team -
The 15-year concession promises faster trade and foreign investment, but questions over financial transparency, employment protections and the value...

Gulf-Backed Green Sky Expands North African Aviation-Fuel Plans With $239m Morocco Project

Energy MEO Research Team -
The proposed Moroccan plant follows a $212.4m Egyptian development, taking the two projects' combined estimated investment to $451.4m as...

Suez Canal Authority Courts Greek Maritime Investment

Investment Middle East Observer Staff -
Egypt seeks Greek partnerships in marine industries and logistics as regional instability continues to weigh on shipping. ISMAILIA, Egypt —...

National Bank of Egypt Rewards 60 Cardholders in Summer Payment Drive

Economic Development MEO -
CAIRO, The National Bank of Egypt (NBE) has awarded cash prizes to 60 credit and debit cardholders under its...

El Gouna Film Festival Closes With Egyptian and Palestinian Triumphs as Arab Cinema Looks to Global Markets

Media MEO -
Egypt's ninth El Gouna Film Festival crowned Egyptian and Palestinian filmmakers, distributed more than $350,000 in film-development support and...

Europe’s Luxury Giants Lose €251bn as China Weakness Forces Growth Rethink

Luxury Industry MEO -
LVMH and Hermès lead a stock-market retreat as softer Chinese demand, slowing US spending and divergent brand performances challenge...
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Top 10 This Week

Egypt Halts Stock Trading as Market Loses EGP171bn

Market Updates & Finance Mona Alameddine -
First market-wide suspension since 2021 follows a 10% plunge in EGX100, while the pound's accelerating depreciation deepens pressure on equities. Banque du Caire's offering...

Egypt Targets 87.5% Minimum Wage Rise and EGP 1 Trillion Housing Programme by 2030

Egypt Middle East Observer Staff -
Government plans one million homes and higher public-sector pay as financing, inflation and private investment become key tests of its economic ambitions. CAIRO — Egypt is...

Philippine Hotel101 Enters Africa with $102m Egypt Hotel Project

Africa MEO Research Team -
Binding agreements pave the way for a 750-room hotel near the Giza Pyramids by 2029, introducing a unit-sales investment model amid expanding hotel capacity...

Top 10 This Month

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Egypt Offers 84 Investment Sites as Urban Expansion Shifts Towards Private Capital

Middle East Observer Staff -
CAIRO — Egypt has offered approximately 84 investment opportunities across its new cities this month, seeking to mobilise domestic...

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Egypt’s Pound Hits Record Low as Debt Selling Deepens Market Strain

Market Updates & Finance 0
CAIRO, Egypt's benchmark EGX30 fell 1.66% to 48,416.94 points...

Egypt’s Sugar Byproduct Exports Surge 54% as China Becomes Top Buyer.

Business 0
CAIRO — Egypt’s exports of sugar-processing byproducts jumped 54% to...

Guterres Returns to Grand Egyptian Museum, Hails Ancient Egypt’s Influence on Europe

Egypt 0
CAIRO — Seven years after touring the Grand Egyptian Museum...

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