Egypt is committed to building capacities of Africans in various fields: Shoukry
Ambassador Ahmed Hafez, spokesperson for the Ministry of Foreign Affairs, said that Minister Sameh Shoukry stressed the constant orientation of the Egyptian state to give political priority to the advancement…
EFG Hermes signs EGP 750m sale, leaseback agreement with MNHD
EFG Hermes’ investment banking division acted as the financial advisor for the transaction, which will also encompass a few securitization issuances as follow-on transactions, while EFG Hermes Corp-Solutions, a wholly-owned…
Al-Sisi inaugurates land reclamation projects in Toshka
Ornamental plants will no longer be cultivated in Toshka, reclaimed lands to be irrigated by recycled water, says Egyptian President
New measures to maximise assets of administrative authorities: Finance Minister
Central database established to enhance governance, optimal utilization of state resources
FRA approves 3 companies’ listing on EGX with fair value exceeding EGP 4bn
They were: Macro Group for Pharmaceuticals (Macro Capital), with a fair value of approximately EGP 3.5bn and free trading rate of 45.8%, and the Nahr El-Kheir Company for Development, Agricultural…
National Bank of Egypt reveals main axes of its strategic plan for 2022
Bank aims to offer EGP 45bn retail loans, EGP 35bn funds for SMEs, says Deputy Chairperson
At least 8 dead in suicide bomb attack in DR Congo on Christmas
In a provisional assessment provided on Saturday night by General Ekenge Sylvain, spokesman for the governor of the North Kivu province, at least six people, including the suicide bomber, were…
Spotify believes MENA region will drive future of streaming: Claudius Boller
Huge growth has been observed in hip-hop streaming in North Africa, Egypt, says Wissam Khodur
EGX aims to keep its bullish trend, continue trading above 11,700 points level
The benchmark index EGX30 closed at 11,755.46 points last week, recording an increase of 0.75%. EGX70 EWI posted a 2.79% gain, concluding the period at 2,191.06 points, while the S&P…
20-30% price hike of commodities in Egypt due to global spikes: GOEIC
This led to an abundance of goods, especially since the market has been going through a major recession since before COVID-19 outbreak.