Oriental Weavers invest $10m in new expansions to boost sales
Oriental Weavers revenues for fiscal year (FY) 2019 came in at EGP 10.1bn (-2.6% year over year (YoY)) owing to the -5.0% YoY decline in EGP-denominated prices and 2.5% expansion…
Egypt’s trade deficit decreases 10.8% to $3.45bn in December 2019: CAPMAS
Exports of crude oil, ready-made clothes, plastics, fruits have increased, says report
PHD eyes EGP 1.2bn securitisation issuance in 2020
Palm Hills Developments sales grow 20% YoY to record EGP 14.9bn in FY2019
Egypt, WBG discuss expanding cooperation fields through future strategic partnership
Malpass optimistic about next wave of structural reforms
Humans inhabited India spanning Toba super-eruption 74,000 years ago
Toba super-eruption was about 5,000 times larger than Mount St. Helen's eruption
NBE, EGOTH sign EGP 435m financing agreement to renovate Mena House Hotel
Project’s total cost is EGP 580m, NBE contributes 75% over 7 years
New vaccine for COVID-19 released
The COVID-19 disease has spread to 34 countries, killing more than 2,600 people globally
HC expects an average inflation rate of 7.7% in 2020
Firm sees 200 bps interest rate cut, EGP to slightly depreciate to EGP 16.26 vs USD in 2020
Egypt’s former longtime president Mubarak dies; three-day mourning announced
Mubarak underwent surgery almost a month ago, and was transferred to intensive care a few days ago before he died.
Intercom Enterprises targets EGP 400m technology solutions sales in 2020
The banking and government sectors are the most beneficiaries of the company’s products
