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Egypt says IMF agreed to merge first two reviews of loan programme
Egypt said on Saturday it had agreed with the International Monetary Fund (IMF) to merge the fund's first and…
Egyptian Exchange briefing 21/09/2023
The Egyptian Exchange closed high on Thursday with the main index, EGX 30, rising by 1.43 percent to 20,080.57,…
Egypt approves golden licence for GASCO to increase capacity
The Egyptian Natural Gas Company (GASCO) has received on Wednesday the golden license from the government, to…
Intesa Sanpaolo in talks with Egypt gov’t to buy remaining 20% stake in ALEXBANK
Intesa Sanpaolo Group, the leading European bank and owner of 80 percent stake in AlexBank in Egypt, has started…
Japan’s Toshiba set to end 74-year stock market history after $13.5bn deal
Japan's Toshiba Corp. announced on Thursday that it is set to end its 74-year stock market history, following a…
U.S. grants Kenya $60 mln to boost urban transport
The Unites States’ Millennium Change Corporation (MCC) has signed a $60 million agreement with Kenyan President…
Massive Nigeria-Morocco gas pipeline project may transport green hydrogen
Morocco is studying transporting green hydrogen via the anticipated Nigeria-Morocco gas pipeline project (NMGP),…
Egypt raises GDP growth target for 2024 and 2025: GAFI chair
Egypt’s government has raised gross domestic product growth (GDP) outlook for the current and upcoming financial…
Egyptian Exchange briefing 20/09/2023
The Egyptian Exchange closed low on Wednesday with the main index, EGX 30, falling by -0.79 percent to 19,797.23,…
Egypt signs €1 bln tyre factory in SCZone – cabinet
Egypt has signed a contract with Rolling Plus Chemical Industries to establish a tyre factory in the Suez Canal…