More investments, promotion required to boost Egypt’s presence in Africa

Ambassador Gamal Bayoumi, secretary-general of the Arab Investors Union (AIU), said that injecting more direct Egyptian investments in the African market will significantly help in boosting Egypt’s presence in the…

Doaa A. Moneam

Beltone revises Ibn Sina fair share value to EGP 16.5, lowers TE to EGP 16.5, maintains ‘Buy’ recommendation for both

Beltone Financial announced on Monday that they have raised their estimate of the fair share value of Ibn Sina Pharma to EGP 16.50 per share, up from EGP 13.60 per…

Mohamed Samir

Indosuez Wealth Management expects Egypt’s inflation to slightly slow down by beginning of 2019

Egypt has targeted an inflation rate of 13% for its fiscal year’s (FY) 2018/19 budget

Nehal Samir

Egypt postpones government’s IPO programme amid emerging market speculation: OBG

Despite volatility, country has fared better than other emerging markets due to economic reforms, says chairperson of HC Securities

Daily News Egypt

First Group directs EGP 300m in Kazan Plaza mall

Company targets achieving EGP 800m in sales of Kenz compound, says Mostafa  

Shaimaa Al-Aees

Banque Misr’s financial position reaches EGP 887.5bn end-June

Deposits increase by EGP 137.1bn, while loans portfolio record EGP 222.2bn

Hossam Mounir

Saudi Arabia condemns US Senate resolutions regarding Khashoggi, Yemen war

Kingdom denounces US interferences in its affairs, asserting journalist crime as “deplorable”

Fatma Lotfi

EU’s Agriculture Commissioner to visit Egypt in January

Meetings with ministers of trade, agriculture being organised, says Surkus

Daily News Egypt

CIB establishes CVentures, Egypt’s first corporate venture capital firm primarily focused on Fintech startups

Establishment of CVentures is evidence of CIB’s profound commitment towards supporting Egyptian financial sector: Abaza

Daily News Egypt

Edison quits gas exploration in Mediterranean’s concession areas

Two areas are offered to global companies in 2019 tender: source

Mohamed Adel