FRA approves trading fees reduction on EGX transactions to boost investment
This will reduce trading service fees to 0.005% from 0.00625%, clearing and settlement fees to 0.0100% from 0.0125% and stock market commissions to 0.0100% from 0.0120%.
EETC to sign power purchase agreement with Siemens Gamesa within weeks
German company to build 500MW wind farms in Egypt, Japanese institutions to finance the first phase
SOHR says pro-Turkey rebels execute civilians including a Kurdish politician, Ankara denies
Pro-Kurdish protests in Europe demand a stop to Turkish offensive
Al-Sisi says he will meet Ethiopian PM soon to end GERD dispute
According to international standards, Egypt suffers water poverty, says the president
Ancient industrial area, 30 funerary workshops discovered in Luxor amid excavation for Nefertiti’s tomb
Zahi Hawass revealed the unearths stating that the excavation mission is the biggest of its kind since Haward’s mission that discovered Tutankhamun’s burial chamber
Egypt’s new banking draft law: opportunities and challenges
New law reinforces the independence of the CBE and banks’ boards of directors, prepares Egyptian market for a new era in financial technology
Pharos expects inflation should end 2019 with an average of 8.9% YoY
Naeem: the inflation reading adds further room to the CBE to continue on its path of monetary easing
Further opportunity to cut interest rate by 50-100 points on 14 November: Beltone
Inflation recorded positive increase in September, lower than our expectations
Lower inflation and interest rates herald green week on EGX
Market lack of response to lower operating costs and lower gas and gasoline prices adds some caution to the upward outlook
Egypt imposes 25% tariff on steel rebar, 16% on iron billets for three years
Since the beginning of this year, Egypt’s iron industry has been subjected to a legal battle started by integrated steel plants and hot rolled steel manufacturers after the Ministry of…
