EGX expected to recover, break 11,420 points barrier
A clear breach above the latter area on a weekly basis would pave the way for a strong upward move, where the next resistance level will be at 11,800 points.
Egypt aims to increase electricity generation based on renewables to 60% by 2035
Government negotiates with foreign investors to establish new renewable energy projects with capacity of 2,000 MW
Egypt’s economy exceeds expectations during COVID-19: Maait
The performance was outlined in detail in the Financial Monitor and Outlook for the World Economy Report for October 2020, issued last Thursday. The report reflected the positive results of…
88.5% of Egyptian families benefit from food subsidy system: CAPMAS
The Egyptian government has put in place a variety of fallbacks with which to protect the country’s poor and most vulnerable households, with the aim of improving the quality of…
Emaar Misr launches 2nd phase of Cairo Gate project in Sheikh Zayed
Cairo Gate is Emaar Misr’s first project in west Cairo, spanning an area of 133 feddans in the heart of Sheikh Zayed, with investments amounting to EGP 11.5bn.
Bank customers granted limited period free account opening facilities to mark International Savings Day
Since Thursday, banks have granted customers the ability to open savings accounts free of charge, simply by providing a copy of their national ID card. The savings accounts are also…
ALCN to revise container fees in near term
Company to witness decline in earnings on back of weak container volumes during Q1 of FY 2020/21
Ministerial meeting discusses environmental sustainability standards in Egypt
Egypt includes 691 green projects worth total of EGP 447.3bn in FY 2020/21 plan, says Hala El-Said
Egypt’s new academic year begins amid strict COVID-19 precautionary measures
Egypt's new academic year begins amid strict COVID-19 precautionary measures
90% of Egypt’s foreign debts are long-term: CBE
At 33.5% of GDP, debt levels are within safe limits compared to 48.7% in Latin America and Caribbean, 47.5% in Middle East, Central Asia