Egypt’s FRA sets new margin trade controls, including ceiling for transactions
Azzam said that his recent meeting with representatives from some stock brokerage firms touched on the need to set new controls for operations for buying securities on margin.
Al-Sisi confirm Egypt’s keenness on GERD negotiations success
The confirmation was delivered on Sunday to President Felix Tshisekedi, President of the Democratic Republic of the Congo (DRC) and current head of the African Union (AU), confirming.
Majid Al Futtaim, Mountain View, MNHD obtain tender booklet for Heliopark project
Heliopolis Housing and Development Company negotiates with three banks to obtain financing amounting to EGP 671m
Egypt’s ASRT jumps 257 ranks in Scimago academic classification
Minister of Higher Education and Scientific Research Khaled Abdel Ghaffar said that the ASRT took the rank of 495 in the 2021 Scimago academic classification, significantly up on its 2020…
Egypt sees 17.9% decrease in trade balance in January 2021
Noting in its Monthly Bulletin of “Foreign Trade Data” for January 2021, CAPMAS also said that Egypt’s deficit value of trade balance reached $3.15bn during the month, versus $3.85bn for…
Egypt’s FRA allows investment fund management companies to manage margin purchases funding
Total of 64 companies have obtained licence to practice investment funds management activities
Alstom launches Samalut section of Egypt’s Beni Suef-Assiut railway line
The Samalut section of Egypt’s Beni Suef-Assiut railway line has been launched by French multinational, Alstom.
Egypt’s food industries sector contributes 24.5% to GDP
It provides the needs of the local market as well as ensuring exports to regional and global markets. The sector’s investments amount to about EGP 500bn, and, in addition to…
Egyptian Government eyes borrowing EGP 642.5bn from local market in Q2 2021
Finance Ministry issues 52 tenders for T-bills worth EGP 462bn, 35 bids for bonds worth EGP 180.5bn from April to June end
Egypt’s Sovereign Fund to offer conditions for developing Tahrir Complex soon
Soliman added that the terms of conditions, which will be released in the coming days, includes providing hotel and tourism services and other benefits to develop the project.
