EFG Hermes accounts for 33.5% of EGX transactions in July
EFG Hermes conducted EGP 8.2bn of transactions thanks to institutions deals
Juhayna’s net profit declines 24.6% in H1 of 2019
Corporate’s consolidated revenues see 8% y-o-y rise in this period
Banks operating in Egypt celebrate International Youth Day
New accounts opened free of charge, special offers made on 1-15 August
CI Capital records EGP 1.1bn revenues in 1H19, growing 35% y-o-y
Company achieves net profit of EGP 207.7m in this period, up 39% y-o-y
Ukrainian ambassador meets Egyptian officials to boost bilateral cooperation
Ukrainian exports to Egypt increased by 26.8%, reaching $652m in Q1 of 2019
US enshrining of FX controls to carry serious implications for global market: HSBC
Moving parts involved in current trade negotiations are similar to those evident during mid-1980s
Tunisia extends state of emergency for one month, prepares for elections
Tunisia’s prime minister, Youssef Chahed, will run for president in an early election expected September
Iran to further reduce its JCPOA commitments: FM Zarif
In July 2019, US withdrew from the deal re-imposing sanctions on Iran
CBE reveals Egypt’s economy external position
Foreign debt reached 35.1% of GDP at end December 2018, compared to 61.4% of GDP in European coutnries, EMs, and 41.9% in Commonwealth countries
General Prosecutor orders investigation into child abuse by YouTube vloggers
Video circulated on social media showing two vloggers irritating their newborn