Egypt’s non-oil private sector contracted at its softest pace since January in August, as output and new-order declines eased and firms increased hiring.
North Africa
Algerian President Abdelmadjid Tebboune appoints central bank governor Mohamed Lamine Lebbou as finance minister in a targeted partial cabinet reshuffle.
North Cairo Flour Mills restates its full-year net profit after tax at EGP 49.7 million, updating the Egyptian company’s latest financial result.
Egypt says U.S. Iran sanctions apply only to Banque Misr’s UAE branches, as Cairo clarifies the measures do not extend to Egypt’s wider banking system.
Telecom Egypt joins the FTSE Russell Emerging Markets Index after moving to Mid Cap status, potentially increasing its visibility among global investors.
Egypt Poultry reported a consolidated second-quarter loss of EGP 451,224, offering investors a fresh view of the company’s latest financial performance.
MOPCO reported EGP 9.90 billion in first-half profit as export sales reached 80%, highlighting stronger overseas demand for the Egyptian fertiliser producer.
Libya’s central bank governor Naji Issa has submitted his resignation, raising fresh concerns about financial stability amid the country’s political divide.
Egypt's annual urban inflation accelerated to 14.9% in July from 14.3% in June, as price pressures persisted despite a monthly decline in food prices.
A drone crashed into an untreated naphtha tank at Libya’s Zawia refinery, causing a leak that staff brought under control, with no fire or casualties.