EGX loses over EGP 10bn due to panic selling in CIB shares
CIB price falls by 10%, but purchases by local portfolios and funds offset stock’s value loss to 6.9%
Egyptian property developers discuss CPA’s potential scope for intervention
CPA has received consumer complaints related to arbitrary, monopolistic practices of many real estate development companies
Egyptian building material exports increase 20% during 8M 2020
The report shows that these exports amounted to $3.959bn during this time period, compared to $3.299bn during the same period in 2019.
Government prepares Greater Cairo building requirements for urban control
The ministerial review took place in the presence of ministry officials and urban planning professors from several Egyptian universities.
Dana Gas signs agreement to sell onshore assets in Egypt
The company however, will continue to retain its onshore and offshore exploration concessions El Matariya (Block 3) and North El Arish (Block 6).
Hilton Zamalek marks Global Week of Engagement
The event took place at Hilton’s The Terrace, on the pool deck overlooking the River Nile, to mark the occasion of the Global Week of Engagement.
Egyptians vote in first phase of House of Representatives elections
Prime Minister Madbouly calls on Egyptians to actively participate in parliamentary elections
EU calls on Ethiopian dam parties to resume talks
Ethiopia rejects Trump’s remarks regarding ‘aggression’ against GERD
EGX expects good performance as CIB deposit certificates climb on LSE
Slight selling pressure is projected at beginning of Sunday session
Sudan-Israel normalisation receives mixture of support, condemnation
On Friday, US President Donald Trump announced that Sudan has agreed to normalise relations with Tel Aviv, making Sudan the third Arab country to do so, following the UAE and…
