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…

Alyaa Stohy

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

Hossam Mounir

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…

Xinhua

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

Bassant Mohammed

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…

Alyaa Stohy

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.

Daily News Egypt

ECA files lawsuits against mobile operator, retailers for cooperation failure

The ECA said, "Those cooperating with the ECA should provide the necessary data and information in a timely manner to ensure the speedy completion of studies at the Authority. Any…

Daily News Egypt

Egypt sells 1.2 million quintals of cotton for EGP 6bn through new platform

Several cotton trading companies from the private sector participated in the process.

Daily News Egypt

Egypt almost completes development of 20 industrial zones at EGP 2.8bn

Gamea’s remarks came during President Abdel Fattah Al-Sisi's inauguration of a number of development projects, including five industrial complexes.

Daily News Egypt

Egypt condemns terrorist attack in Jazan, renews solidarity with Saudi Arabia

The attack resulted in the death and injury of a number of Saudi brothers and residents of the kingdom.

Sami Hegazi