Egypt

The Central Bank of Egypt (CBE) received bids worth $1.141 billion in its latest US dollar-denominated local Treasury bill auction, exceeding the offered amount of $950 million, according to data published on the bank’s official website. The 364-day Treasury bills, offered on Monday and maturing on 2 February 2027, drew 26 bids.

February 03, 2026 Iniulat ng AI

Egypt has raised its healthcare system's readiness to receive wounded and ill patients from Gaza, placing 150 hospitals nationwide on high alert and mobilizing up to 300 fully equipped ambulances, the Ministry of Health said on Monday. Health Minister Khaled Abdel Ghaffar chaired a high-level coordination meeting to oversee preparations for patients arriving through the Rafah crossing as cross-border medical evacuations resume.

Egyptian renewable energy firm Rees Tech is aiming for sales of about EGP 1bn in 2026, fueled by surging demand for solar systems in the local market, according to Chairperson Ibrahim Gamal. This target doubles the company's 2025 revenues, which reached roughly EGP 500m.

February 01, 2026 Iniulat ng AI

The Cairo International Book Fair 2026 hosted Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, in a seminar organized by the NAWA Foundation on 'Egypt’s Narrative for Comprehensive Development: Reforms for Growth, Jobs and Resilience.' Moderated by Abdel Moneim Said, the event gathered economists, professors, and visitors to examine the country's integrated development framework. Al-Mashat explained how the Narrative integrates Egypt Vision 2030 with the Government Program to address global economic shifts since 2020.