Egypt Economic and general news As part of the follow-up on the proposal issued by the U.S. Department of the Treasury regarding a regulatory rule providing for the imposition of a special measure relating to the branches of Banque Misr in the UAE, the Central Bank of the UAE and the Central Bank of Egypt

Egypt Economic and general news Egypt’s 2Q26 unemployment rate dropped to 5.8% from 6.0% in 1Q26, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS). (Mubasher, Bloomberg, Hapi Journal) Egypt’s Ministry of Petroleum increased its contracted crude oil imports by c15% y-o-y to c11.5m barrels for August–September 2026, including c6.0m bbl

Darah Rateb

Egypt Economic and general news The International Monetary Fund (IMF) may merge the fifth and sixth program reviews of Egypt’s USD8bn Extended Fund Facility (EFF) due to a delay by the Egyptian government in executing structural reforms which could postpone the disbursal of the fifth tranche by six months, according to unidentified sources familiar with

Egypt  Economic and general news Egypt’s net international reserves (NIR) increased by USD108m m-o-m in August to USD46.597bn from USD46.489bn in July, according to Central Bank of Egypt (CBE)’s data. Deposits not included in official reserves decreased by USD660m m-o-m in August to USD9.20bn, the data showed. (CBE) Our Comment: Egypt received USD820m from the

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