Tarek El-Tablawy

Egypt inaugurated a long-anticipated $1 billion museum that showcases the wonders of its ancient past and is poised to supercharge the North African nation’s crucial tourism sector.

Morocco is planning to increase next year’s budget for social services, following a wave of youth-led protests against spending for the 2030 FIFA World Cup.

Tunisia plans to tap the central bank for about $4 billion next year while levying a new wealth tax, as it seeks to tackle rising financing needs after spurning a potential International Monetary Fund bailout.

Egypt made its fourth interest-rate cut of the year, taking advantage of a stronger currency and inflation that’s at its lowest since 2022.

Egypt freed Alaa Abdel-Fattah, a British-Egyptian pro-democracy activist whose six-year imprisonment has been a point of contention between London and Cairo.

Egypt moved to ease concerns over the Iran war’s impact on the economy, while warning “extraordinary” measures may be needed to tackle commodity prices if the conflict drags on.

Egypt’s pound briefly weakened past the milestone of 50 per dollar before paring some losses, signaling investors’ fears over the prospect of a prolonged conflict in the Middle East.

Egypt’s benchmark stock index is soaring ahead of developing-nation peers, buoyed by growing investor interest in a market that’s seen benefiting from government measures to revive the economy.