Elon Musk overtakes Bill Gates place to become the world’s 2nd richest person
Tesla co-founder Elon Musk is now the world’s second richest person after he has taken Microsoft billionaire Bill…
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Cairo International Book Fair suspended for five months over coronavirus concerns
The Cairo International Book Fair (CIBF) will be postponed till June 2021 over coronavirus fears, according to the…
Egyptian Exchange leads COMESA in attracting foreign investments
The Egyptian Exchange (EGX) has acquired the largest share of foreign investments directed to stock exchanges in…
NBE: Exchange rates of key global currencies rates Tuesday 24-11-2020 vs. Egyptian pound
Amwal Al Ghad on Tuesday demonstrates the exchange rates of key global currencies against the Egyptian pound…
Orascom-Mitsubishi consortium signs $800m contract for Cairo Metro Line 4
Orascom Construction PLC's consortium with Mitsubishi Corporation has inked an $800 million contract with Egypt's…
Egypt assigns EGP 5.7bn investments for Beheira in FY20/21
Egypt’s Ministry of Planning and Economic Development has allocated 5.7 billion Egyptian pounds in investments for…
Egypt’s economy sees 2.5% growth as momentum to continue into 2021 – HSBC
Egypt’s economy is expected to grow 2.4 percent for 2020, compared to a global contraction of 4.1 percent,…
Egypt expects to receive second tranche of IMF loan in Dec. – finmin
Egypt expects to receive the second tranche of a $5.2 billion financing from the International Monetary Fund (IMF)…
Egypt’s stock market closes higher, EGX 30 adds 0.25% on Monday
Egypt’s stock exchange’s (EGX) indexes ended higher on Monday, with the benchmark EGX 30 index gaining 0.25 percent…
Renaissance Capital sees Egypt’s GDP at 3.5% in 2020, 2.8% in 2021, 5% in 2022
Renaissance Capital (RenCap) forecasts in a recent report that Egypt’s real GDP growth to record 3.5 percent for…
