FRA halves review fees for sustainability-linked securities offerings
The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has issued a decision to reduce by 50% the fees for reviewing and assessing applications to offer sustainability-linked securities, as part…
Egypt reviews restructuring of ownership affiliations for public business sector companies
Deputy Prime Minister for Economic Affairs Hussein Eissa chaired a meeting with Minister of Finance Ahmed Kouchouk, Minister of Investment and Foreign Trade Mohamed Farid, and Assistant Prime Minister and…
JASAN Group breaks ground on $117m integrated textile complex in Qantara West Industrial Zone
Waleid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), attended the groundbreaking ceremony on Monday for a new industrial project by Zhejiang Jiansheng Group Co. Ltd, commercially known…
Egypt’s annual urban inflation accelerates to 14.9% in July from 14.3% in June
Egypt’s annual urban inflation rate accelerated to 14.9% in July, up from 14.3% in June, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). In a statement issued…
Madbouly inaugurates upgraded June 30 Corniche, tours ‘Treasures of Egypt’ exhibition in Matrouh
Prime Minister Mostafa Madbouly inaugurated the upgraded June 30 Corniche in Matrouh governorate on Sunday as part of an inspection tour that also included a visit to the "Treasures of…
Iran says Hormuz shipping deal with Oman close, but full reopening still conditional
Iran said on Sunday that negotiations with Oman over new shipping routes through the Strait of Hormuz had entered their final stages, but stressed that an agreement on the routes…
Madbouly launches construction of Qatari Diar’s $29.7bn Alam Al Roum project in North Coast
Prime Minister Mostafa Madbouly attended the launch of construction works for the first phase of Qatari Diar's Alam Al Roum project in Egypt's North Coast, a major mixed-use development being…
Egypt affirms to Mladenov necessity of implementing all Gaza plan provisions, including aid and Israeli withdrawal
Egypt affirmed to High Representative of the Peace Council Nikolay Mladenov the necessity of implementing all provisions of the Gaza plan, comprehensively including humanitarian aid and Israeli withdrawal, the Egyptian…
Environment ministry completes EGP 60m sanitary landfill in Matrouh
Egypt has completed the final handover of a new sanitary landfill in the Mediterranean city of Dabaa as part of ongoing efforts to expand waste management infrastructure and reduce the…
ECS, EGX step up international promotion of Egypt’s capital market
The Egyptian Commercial Service (ECS) and the Egyptian Exchange (EGX) have discussed ways to strengthen the international promotion of Egypt's capital market and attract greater foreign investment. The discussions took…