Egypt’s economy grew 5.1% in FY 2025/26, beating the IMF’s forecast

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The Companies Law story is the most strategically significant read.

Nawy Now has closed a second EGP 633 mn raise

And on the railways:

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Growth sticks the landing

The country’s economy grew 5.1% in FY 2025/26 statement 5.0% we saw in 3Q IMF’s latest 4.6% 5.3% projection

Industry did much of the heavy lifting.

MEANWHILE- The private-sector picture is starting to look less gloomy. Egypt PMI (pdf) 46.8 in July

But 49.6 is still contraction territory — and cost pressures are reappearing.

China’s Linglong Group signed an MoU with the Industry Ministry for a USD 2 bn integrated tire complex in Borg El Arab Cabinet statement in April

IN CONTEXT- USD 1 bn Sokhna plant USD 550 mn Alexandria facility USD 300 mn 500k-unit annual demand

MEANWHILE- A separate China-Egypt agricultural push is heading to the New Valley. Asharq a 1 mn feddan

The last piece of the government’s blocking stake in Alexandria Container and Cargo Handling (ALCN) is now formally off the table. an EGX filing (pdf)

What’s left is a tender against a sliver of free float. EGP 33.20

REFRESHER- confirmed in June our exclusive

Why this matters: carry a combined capacity of 1.5 mn TEUs grown 228%

One rulebook to rule them all

The Financial Regulatory Authority (FRA) has issued a new comprehensive rulebook for consumer-finance companies statement guide (pdf)

The practical rules go well beyond licensing.

Much of this framework was already in the books. in 2021 (pdf) tighter credit and customer-protection controls mandatory death and permanent-disability ins. regulated debt-collector registry

Watch your Hormuz payments

Egyptian companies could face US sanctions over certain transactions linked to passage through the Strait of Hormuz

The Chamber is urging affected companies to review the warning and take steps to limit their sanctions exposure.

It’ll be a little cooler in Alexandria

The big story abroad

The battle for control of the Strait of Hormuz continues to escalate statement

What is Tehran saying? stated

US jobs swell in August: announced

Anthropic to list before midterm elections: Reuters

Is RAMageddon upon us? driving up